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HDI GERLING
Magma may dilute stake in insurance JV from 74% to 51%Krishnan had earlier proposed increasing its gross written premium to Rs 600 crore in FY'15 from Rs 425 crore in last fiscal.- Magma HDI plans health insurance biz; to devise new industrial risk productsMagma HDI General Insurance Company is designing new products in the industrial risk cover space and plans to sale health insurance policie...
- Magma expects moderate growth in Kerala this yearMagma Fincorp Limited, an asset finance company, which disbursed Rs 439 crore in Kerala last year, plans to have a moderate growth in retai...
- European insurers wake up to cyber protection marketIn Germany, a total 64,000 acts of cyber crime were officially reported in 2012, representing around 42 million euros worth of damage.
- Germany's HDI-Gerling pays four times premium for a 26% stake in Magma General InsuranceThe two-way joint venture between HDI and Magma Fincorp will start operation with Rs 208 crore capital while Rs 100 crore is the paid up.
- Retail finance firm Magma Fincorp sets up office in GurgaonBSE listed retail finance firm Magma Fincorp on Monday announced it has set up its 56th office in north India.
- Magma Fincorp hopeful of getting insurance licence next yearThe NBFC and its promoters Celica Developers have entered into a joint venture with Germany's HDI Gerling to form Magma HDI General Insuran...
- India's biggest farm equipment maker Mahindra & Mahindra plans to venture into general insurance businessMahindra & Mahindra Group is planning to tie-up with an experienced company to venture into the Rs. 40,000-crore general insurance business.
- Magma Fincorp eyes 20% growth in 2011Non-banking financial company Magma Fincorp today said it will continue to focus on high-yielding segments, like used cars, commercial vehi...
- Magma Fincorp to get into insurance, expects IRDA nod in FY'11Vehicle financing firm Magma Fincorp expects regulatory clearance for its general insurance venture with a Germany-based company during thi...
- ‘More competition, better products'Dr C Hinsch, chief executive officer, HDI Gerling shared his views on India’s insurance market and the group’s plans with ET Bureau.
- HDI-Gerling of Germany in 3-way JV for non-lifeGermany's HDI-Gerling International has entered into a three-way partnership with India’s Magma Fincorp and Celica Developers to set up a n...
- Magma, HDI-Gerling form insurance JVMagma Fincorp is foraying into insurance business. The company has just inked an agreement with German insurance major HDI-Gerling Internat...
- Magma Fincorp forays into insurance businessMagma Fincorp is foraying into insurance business. The company has just inked an agreement with German insurance major HDI-Gerling Internat...
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