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BIRLA MMI HOLDINGS
ADIA eyes stake in Aditya Birla’s health insurance businessThe discussions for a minority stake are expected to gather momentum in the coming weeks as ADIA, one of the leading sovereign funds (SWFs)...- Aditya Birla Health Insurance gross written premium jumps 39 pc to Rs 764 cr in H1 FY22Aditya Birla Health Insurance Co. Limited. (ABHICL), the health insurance subsidiary of Aditya Birla Capital Limited (ABCL), has completed ...
- Aditya Birla Health Insurance looks to break even in next fiscal year on strong growth trajectory"The company would like to grow at a similar rate of around 50 per cent in the current financial year as well," ABHICL CEO Mayank Bathwal s...
- Aditya Birla Health set to offer wellness incentivesThe company is the first to launch an incentivised wellness scheme where customers can claim benefits of up to 30% of their premium for mai...
- Aditya Birla Health Insurance in expansion mode to grow retailThe one-year old health insurer is present in 34 cities now and about one-fifth of its business comes from retail at present.
- It will be quarter of adjustment for firms: Aditya Birla groupWe clearly see this quarter will be a quarter of adjustment for many companies because the cash flow still has not got back to normal, Chie...
- Aditya Birla Financial diversifies into health insurance with ABHICLABHICL is joint venture between the Aditya Birla Group and diversified financial services in South Africa MMI Holdings (MMI).
- Ajay Srinivasan from Aditya Birla Financial Services talks about the new health arm and partnering with MMI HoldingsThe South African health insurance model market is actually quite different because you have to provide cover to everybody who applies for ...
- Delhi-based mortgage firm DHFL to expand its footprint in insuranceThe nearly Rs 1 lakh-crore general insurance business has been profitable for many firms, which have been given pricing flexibility by the ...
- Ten things to know about AB Nuvo and Grasim Industries mergerThe reorganisation will see the demerger of AB Financial Services from AB Nuvo and that separate entity will be listed on stock exchanges.
- AB Nuvo rallies as company enters into a JV with MMI HoldingsThe stock has rallied 14 per cent over the past three sessions ever since the news broke. MMI Holdings is a South African financial service...
- 10 new players apply to Irdai to start operations in India"The regulator is currently processing applications of ten players consisting of insurers and re-insurers," IRDA member (Finance and Invest...
- Bupa to raise stake to 49% in Max Bupa for Rs 191 croreBupa will pay around Rs 191 crore to Max India in an all cash transaction, to increase its stake in Max Bupa from 26% to 49%.
- Aditya Birla Nuvo forms joint venture with South Africa's MMI holdingsAditya Birla Nuvo Ltd announced formation of a joint venture with MMI Holdings -- a South African insurance based financial services group.
- Reliance Capital may spin off health insurance businessHealth insurance is the fastest growing segment of general insurance industry, expanding 20% in 2014-15 against 9% for the broader segment.
- Irda may reduce capital requirement for health insurance ventures by 33%The capital requirement for setting up standalone health insurance companies has been kept at Rs 100 crore in the Insurance Bill.
- Bupa to raise its stake in insurance joint venture Max Bupa Health Insurance to 49%Bupa will raise its stake in the joint venture Max Bupa Health Insurance to 49% from 26% once the Insurance Laws Amendment Ordinance 2014 g...
- Kotak Mahindra Bank planning to enter Rs 77,000 crore nonlife insurance marketBank secures RBI approval to enter business; general insurance company will be a 100% owned subsidiary with Rs 100-crore capital.
- Aditya Birla Group announces joint venture with South African firm MMI Holdings LimitedABG's financial services division has signed a memorandum of understanding with MMI Holdings Limited, in which the South African company wi...
- Aditya Birla Group signs health insurance JV with South Africa’s MMI"Health insurance as a category has extremely low penetration levels in India," said Ajay Srinivasan, chief executive, financial services.
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