April 25, 2017 11:41 AM ET

Insurance

Company Overview of Universal Sompo General Insurance Company Limited

Company Overview

Universal Sompo General Insurance Company Limited operates in the general insurance sector. The company was founded in 2007 and is based in Mumbai, India.

Mumbai,  

India

Founded in 2007

Key Executives for Universal Sompo General Insurance Company Limited

Universal Sompo General Insurance Company Limited does not have any Key Executives recorded.

Universal Sompo General Insurance Company Limited Key Developments

Universal Sompo General Insurance Co Ltd. Elevates Rajiv Kumar as New Managing Director and Chief Executive Officer

Universal Sompo General Insurance Co Ltd. has announced a new Managing Director and Chief Executive Officer, Rajiv Kumar. Prior to this elevation, Kumar was the Head -- corporate planning, customer service, product development and operations for Universal Sompo. He has been with Universal Sompo since 2007.

Universal Sompo General Insurance Company Announces Executive Changes

Universal Sompo General Insurance Company is going through senior management level changes. While the search is on to fill up the managing director's slot, the company's chief investment officer for seven years Indraneel Basu quit earlier in the month to explore consulting opportunities. Hareshwar Karekar from L&T Insurance has replaced him in a lateral movement.

Allahabad Bank To Appoint Consultant For Stake Sale In Universal Sompo

The board of Allahabad Bank (BSE:532480) has approved the appointment of consultant to advise on selling stake, partially or completely Universal Sompo General Insurance Company Limited (USGI). The consultant will help redrafting existing shareholders' agreement in USGI so as to align it with the amended Indian Insurance Laws. Shares of Allahabad Bank closed at INR 73.30, down 2.07% on the BSE.

Recent Private Companies Transactions

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Date
Target
No transactions available in the past 12 months.
 

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