HDFC Ergo

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

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

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

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

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

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

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."

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.

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

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

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

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

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

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

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.

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

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

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

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

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