ICICI Lombard General Insurance Company Limited
Friends, today I have brought the information of insurance and below its information and I have brought to you the information of how to get health insurance in this ICICI Lombard General Insurance Company Limited.
Friends see some work information and history of ICICI Lombard General Insurance Company Limited and its information is given below.
ICICI Lombard General Insurance Company Limited is a general insurance company in India. It is engaged in general insurance, reinsurance, insurance claims management and investment management.
The company has a Gross Written Premium (GWP) of ₹143.20 billion (FY 2021). The firm offers policy insurance and renewal through its intermediaries and website. It markets assurance products including Car Insurance, Health Insurance, International Travel Insurance, Overseas Student Travel Insurance, Two Wheeler Insurance, Home Insurance and Weather insurance. ICICI Lombard has 273 branches[citation needed] and 840 virtual offices spread across the nation.
Below is information on how to get this health insurance from this company
Friends, first you have to open it in the link given below, you will get information from it and also you will get information on how to fill the form from the link given below.
health insurance: Click here
ICICI Lombard General Insurance Company Limited History
Established in 2001, ICICI Lombard General Insurance Company is a joint venture between ICICI Bank- India’s second largest bank and Fairfax Financial Holdings Limited- a financial services company based in Toronto. ICICI Bank had 64% stake in the venture while Fairfax had 36% in the joint venture. ICICI Lombard General Insurance is the largest private sector general insurance company in India.
Established in 2001, ICICI Lombard General Insurance Company is a joint venture between ICICI Bank- India’s second largest bank and Fairfax Financial Holdings Limited- a financial services company based in Toronto. ICICI Bank had 64% stake in the venture while Fairfax had 36% in the joint venture. ICICI Lombard General Insurance is the largest private sector general insurance company in India.
In fiscal 2016, ICICI Bank sold a 9.0% stake in ICICI General to its joint venture partner, Fairfax Financial Holdings, at a company valuation of ₹172.25 billion.
Following the transaction, the share ownership in ICICI Lombard General Insurance Company of ICICI Bank and Fairfax Financial Holdings Limited is approximately 64% and 35%, respectively. On 16th October 2019, FAL Corporation, part of Fairfax Financial Holdings, on Wednesday exited ICICI Lombard General Insurance Company Ltd. by selling shares worth nearly Rs 2,627 crore.
ICICI Lombard tied up with Karur Vysa Bank in 2019 for selling bancassurance products in 2019.
In August 2020, ICICI Lombard acquired Bharti Axa General Insurance through a share swap deal. The deal will enable Bharti AXA's current shareholders receive 2 shares of ICICI Lombard for every 115 shares of Bharti AXA held. The merger will result in a combined annual premiums worth ₹16,447 crore (US$2.2 billion).
ICICI Lombard tied up with Karur Vysa Bank in 2019 for selling bancassurance products in 2019.
In August 2020, ICICI Lombard acquired Bharti Axa General Insurance through a share swap deal. The deal will enable Bharti AXA's current shareholders receive 2 shares of ICICI Lombard for every 115 shares of Bharti AXA held. The merger will result in a combined annual premiums worth ₹16,447 crore (US$2.2 billion).
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