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April 27, 2015 10:17 PM ET

Insurance

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

India

Founded in 2009

Phone:

91 98 1902 4779

Fax:

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 2014.

SBI General Insurance Company Limited Key Developments

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.

SBI General Insurance Co. Ltd. Reports Premium Income for Fiscal 2014

SBI General Insurance Co. Ltd. reported premium income for fiscal 2014. The company has registered a 54% growth in premium income at INR 11.88 million for the fiscal 2014.

Recent Private Companies Transactions

Type
Date
Target
Merger/Acquisition
March 26, 2015
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To contact SBI General Insurance Company Limited, please visit www.sbigeneral.in. Company data is provided by Capital IQ. Please use this form to report any data issues.

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