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SOMPO INSURANCE
Japan's SOMPO seeks control of Universal GeneralJapan's SOMPO Insurance is discussing increasing its stake in Universal SOMPO General Insurance. The Japanese insurer aims to acquire share...- Japan's Sompo eyes big India play after insurance reformsIn the wake of an increase in the FDI limit, Japan's Sompo Holdings is keen on expanding its operations in India, viewing it as a crucial m...
- Universal Sompo General Insurance enhances customer experience through digital innovationUniversal Sompo General Insurance enhances customer experience with AI-driven automation, real-time tracking, and self-service options, imp...
- Universal Sompo General Insurance records 47% growth in TN under PMSBY schemeUniversal Sampo General Insurance is a joint venture between the public sector Indian Bank, Indian Overseas Bank, Karnataka Bank, Dabur Inv...
- Universal Sompo ties-up with J&K finance corporationUniversal Sompo chief executive Sharad Mathur said his firm would provide customized general insurance solutions and innovative products fo...
- Allahabad Bank in talks with Sompo to sell its stake in insurance JVAllahabad Bank and Indian Bank will be merged from April as part of the mega merger exercise.
- Allahabad Bank looks to sell stake in Universal SompoAt present, Allahabad Bank holds 28.52% in the JV while overseas partner Sompo Japan is the largest shareholder with 34.61% interest.
- Providing Mobile Connectivity Solutions to Enterprises Across IndiaOne of the fastest-growing startups in the Mobile Ecosystem over the last few years has been Equence Technologies Private Limited. The Bang...
- Sompo Japan to buy 6% more in Universal Sompo from Karnataka Bank for Rs 125 croreSompo would buy the stake from Karnataka Bank, which holds 14.26% in the joint venture, Universal Sompo chairman O N Singh said.
- Allahabad Bank to sell its 30% stake in Sompo InsuranceBank’s CEO says the insurer may get listed after 2 years, a good time for them to exit.
- IRDAI asks Universal Sompo General Insurance's Japanese MD to step downSources in Universal Sompo said that the IRDAI directive might put the company’s day-to-day operation in bind in the absence of an MD.
- Allahabad Bank may sell stake in insurance companyThe bank's board will meet on Friday to consider selling a part or all of its 30% stake in Universal Sompo General Insurance.
- Allahabad Bank may consider divesting stake in general insurance ventureThe finance ministry had earlier asked state-run banks to look at divesting their noncore assets in order to meet burgeoning capital requir...
- Reliance General Insurance, Universal Sompo earn maiden net profit in FY146-year-old Reliance GI posted maiden net profit of Rs 64.1 crore in 2013-14 against a net loss of 92.8 crore in 2012-13.
- Universal Sompo raises Rs 200 crore equity from promotersUniversal Sompo General Insurance Company has completed raising Rs 200 crore of equity from its promoters on Friday, a senior official said.
- Allahabad Bank, Indian Overseas Bank & Sompo Japan Insurance to infuse Rs 200 cr in Universal SompoThe firm plans to grow business by nearly 50% next fiscal and aims to collect 600 crore as premium. It expects to close the current fiscal ...
- Universal Sompo enters general insurance spaceUniversal Sompo General Insurance, a joint venture between Allahabad Bank, Sompo Japan Insurance Corporation, IOB, Karnataka Bank and Dabur...
- Universal Sompo gets IRDA nod for non-life forayUniversal Sompo General Insurance has received permission from the insurance regulator to enter the non-life business in India.
- Allahabad Bank insurance deal with Sompo on trackUncertainty over Sompo Japan Insurance’s participation in the Allahabad Bank-led general insurance consortium is now history.
- AllBank-Sompo JV hangs fire pending curbsThe joint venture plan between the Allahabad Bank-led consortium and Sompo Japan Insurance for setting up a general insurance company is st...
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