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HDFC Ergo

General insurance penetration rising in India, say leaders at BFSI Summit

Heads of general insurance companies discuss challenges and future potential for the insurance sector in conversation with banking editor Manojit Saha at the Business Standard BFSI Insight Summit

Updated On: 08 Nov 2024 | 1:03 PM IST

We will possibly start to expand footprints: HDFC Ergo's Anuj Tyagi

Anuj Tyagi discusses the insurers' plans on the focus areas of the retail line of businesses

Updated On: 19 Sep 2024 | 11:27 PM IST

Health insurance premiums are rising: Here is how to stay covered

Combine base policy with super top-up; buying a multi-year policy will also help

Updated On: 11 Aug 2024 | 9:53 PM IST

HDFC Ergo General Insurance processes its first claim on NHCX platform

NHCX is a single-window interface developed by the National Health Authority (NHA). It provides a secure platform and efficient exchange of health insurance claims data

Updated On: 09 Jul 2024 | 5:21 PM IST

Irdai allows firms to offer customised insurance to match customer needs

That there is no flash in the pan has been made clear by the insurance regulator when it announced these changes through a series of gazette notifications on Friday

Updated On: 25 Mar 2024 | 9:43 PM IST

All you need to know about buying health insurance explained in one table

Know about eligibility, key features and premium amount in Policybazaar table

Updated On: 29 Feb 2024 | 2:21 PM IST

There's distrust regarding claim settlements: PolicyBazaar's Yashish Dahiya

Ritesh Kumar of HDFC Ergo said, "At the core, health insurance needs to be affordable. It's a complex problem as we are a regulated industry but the provider (health service) is not regulated."

Updated On: 31 Oct 2023 | 11:53 AM IST

HDFC Ergo becomes subsidiary of HDFC Ltd, sells 36,42,290 equity shares

HDFC Ltd on Friday said it has acquired an additional 0.5097 per cent stake in HDFC Ergo to make it a subsidiary. HDFC Limited acquired 36,42,290 equity shares of HDFC Ergo, representing 0.5097 per cent of its total issued and paid-up share capital from ERGO International AG, the other promoter, the company said in a regulatory filing. "Post the said acquisition, HDFC Limited holds 50.50 per cent of the total paid-up share capital of HDFC Ergo. Accordingly, HDFC Ergo has become a subsidiary of HDFC Limited," it said. This is part of the reverse merger exercise of HDFC Ltd with its banking subsidiary HDFC Bank likely from July 1. The RBI had permitted the transfer of shareholding of HDFC Limited in HDFC Ergo to HDFC Bank and advised that HDFC Limited or HDFC Bank should increase the shareholding in the general insurance company to more than 50 per cent before the effective date of the merger Scheme, it said.

Updated On: 30 Jun 2023 | 9:44 PM IST

HDFC Bank awaiting RBI reply on subsidiary stake forbearance: Parekh

According to HDFC's latest annual report, the mortgage lender has over 10 subsidiaries, including HDFC Life Insurance, HDFC Ergo General Insurance, and HDFC Asset Management

Updated On: 25 Nov 2022 | 7:13 PM IST

Cyber frauds: Banks step up efforts to promote safe banking habits

Apart from HDFC Bank's 'Vigil Aunty', a host of private sector general insurers also offer individual cyber insurance policies

Updated On: 26 Aug 2022 | 10:01 PM IST

Non-life insurance industry reports a 21% YoY growth in premiums in June

In the June quarter, the non-life insurance industry netted premiums to the tune of Rs 54,492 crore, up 23 per cent YoY

Updated On: 07 Jul 2022 | 1:16 PM IST

Deepak Parekh resigns as non-executive chairman of HDFC Ergo

HDFC Ltd, which holds over 50% stake in HDFC Ergo, has nominated its Vice Chairman and MD Keki Mistry as non-executive chairman of the insurance firm

Updated On: 02 Mar 2022 | 6:00 PM IST

CCI approves HDFC Bank's acquisition of 4.99% stake in HDFC ERGO

Fair trade regulator CCI on Monday approved HDFC Bank's acquisition of 4.99 per cent shareholding in HDFC ERGO General Insurance Company.

Updated On: 25 Oct 2021 | 8:29 PM IST

HDFC Bank to buy 4.99% stake in HDFC ERGO for Rs 1,906 crore

The bank has been a distribution partner of the insurer since 2009.

Updated On: 19 Jun 2021 | 7:15 PM IST

HDFC ERGO to launch on-demand 'Pay As You Fly' insurance for Drones with TropoGo

Mumbai (Maharashtra) [India], June 15 (ANI/NewsVoir): HDFC ERGO, the country's third-largest non-life insurance provider in the private sector, and TropoGo, a Deep Tech start-up, have partnered to offer commercial drone owners and operators Third Party Liability claims cover for property damage and bodily injuries.

Updated On: 15 Jun 2020 | 11:31 PM IST

Reduce stake in insurance subsidiaries to 50% or below: RBI to HDFC

HDFC's share price were down almost 8 per cent to Rs 1,512

Updated On: 19 May 2020 | 1:20 AM IST

HDFC ERGO Health to merge with HDFC ERGO through share swap deal

Earlier this month, HDFC ERGO got regulatory approvals for acquiring a majority shareholding in Apollo Munich Health Insurance Co Ltd.

Updated On: 16 Jan 2020 | 4:22 PM IST

HDFC Ergo-Apollo Munich merger won't hurt existing policy contract

In future, there would be review and rationalisation of products and their features

Updated On: 28 Jun 2019 | 12:57 AM IST

HDFC ERGO raises Rs 350 cr via NCDs

The NCDs were issued in November with a coupon rate of 7.6%

Updated On: 16 Jan 2017 | 4:17 PM IST

HDFC Ergo eyes 45% sales growth post-merger

The general insurance company has recently completed acquisition of L&T General Insurance

Updated On: 11 Sep 2016 | 2:14 PM IST