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November 27, 2015 12:44 AM ET


Company Overview of SBI General Insurance Company Limited

Company Overview

SBI General Insurance Company Limited provides insurance products to individuals and businesses. Its individual insurance products include insurance products for motor private cars and two wheelers; long term home insurance products; travel insurance products; group personal and individual personal accident insurance products; and health, critical illness, and hospital daily cash insurance products. The company’s business insurance products comprise fire insurance products for standard fire and special perils, and consequential loss (fire); group health insurance products; motor insurance products for tractors and other farm vehicles, and commercial motors; marine cargo insurance products; p...

"Natraj", 101, 201 & 301

Junction of Western Express Highway

and Andheri Kurla - Road

Andheri (East)

Mumbai,  400 069


Founded in 2009


91 98 1902 4779


91 18 0022 7244

Key Executives for SBI General Insurance Company Limited

Chief Executive Officer, Managing Director and Director
Head - Finance & Administration
Deputy Chief Executive Officer
National Head of Distribution
CRO and Senior Vice President of Internal Audit
Compensation as of Fiscal Year 2015.

SBI General Insurance Company Limited Key Developments

SBI Plans TO Sell Stakes In Its Insurance Business

State Bank of India (NSEI:SBIN) is planning to sell stakes in SBI Life Insurance Co., Ltd. and SBI General Insurance Company Limited by the end of the 2015. The valuation process for the stake sale has begun

SBI To Divest Stake In Life and General Insurance

State Bank of India (BSE:500112) is planning to divest part of its stakes in SBI Life Insurance Company Limited and SBI General Insurance Company Limited as its joint venture partners want to increase their stakes. SBI holds 74% stake each in SBI Life Insurance, its joint venture with BNP Paribas Cardif S.A.; and SBI General Insurance, its joint venture with Insurance Australia Group Limited (ASX:IAG). According to SBI, domestic and international investors have also shown interest in picking up its stakes in the two JVs.

SBI General Insurance Plans to Raise INR 350 Crore

SBI General Insurance Co. Ltd. plans to raise Rs. 350 crore from its shareholders to fund its expansion plans in financial year 2015, according to a media report. SBI General Insurance plans to enter the crop insurance segment in six districts, the report added.

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March 26, 2015

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