- European insurers wake up to cyber protection market
In Germany, a total 64,000 acts of cyber crime were officially reported in 2012, representing around 42 million euros worth of damage.
22 Sep, 2013, 10.59 AM IST
- Germany's HDI-Gerling pays four times premium for a 26% stake in Magma General Insurance
The 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.
12 Oct, 2012, 01.26 AM IST
- Retail finance firm Magma Fincorp sets up office in Gurgaon
BSE listed retail finance firm Magma Fincorp on Monday announced it has set up its 56th office in north India.
09 Apr, 2012, 04.41 PM IST
- Magma Fincorp hopeful of getting insurance licence next year
The NBFC and its promoters Celica Developers have entered into a joint venture with Germany's HDI Gerling to form Magma HDI General Insuran...
28 Dec, 2011, 10.21 PM IST
- India's biggest farm equipment maker Mahindra & Mahindra plans to venture into general insurance business
Mahindra & Mahindra Group is planning to tie-up with an experienced company to venture into the Rs. 40,000-crore general insurance business.
13 Jul, 2011, 05.29 AM IST
- Magma Fincorp eyes 20% growth in 2011
Non-banking financial company Magma Fincorp today said it will continue to focus on high-yielding segments, like used cars, commercial vehi...
24 Jun, 2010, 07.43 PM IST
- Magma Fincorp to get into insurance, expects IRDA nod in FY'11
Vehicle financing firm Magma Fincorp expects regulatory clearance for its general insurance venture with a Germany-based company during thi...
30 May, 2010, 11.50 AM IST
‘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.
31 Aug, 2009, 01.29 AM IST
- HDI-Gerling of Germany in 3-way JV for non-life
Germany's HDI-Gerling International has entered into a three-way partnership with India’s Magma Fincorp and Celica Developers to set up a n...
13 Aug, 2009, 02.05 AM IST
- Magma, HDI-Gerling form insurance JV
Magma Fincorp is foraying into insurance business. The company has just inked an agreement with German insurance major HDI-Gerling Internat...
29 Jul, 2009, 02.24 AM IST
- Magma Fincorp forays into insurance business
Magma Fincorp is foraying into insurance business. The company has just inked an agreement with German insurance major HDI-Gerling Internat...
28 Jul, 2009, 10.21 PM IST