Q&A

Who is the owner of HDFC Ergo?

Who is the owner of HDFC Ergo?

Housing Development Finance Corporation
Ergo Group
HDFC ERGO General Insurance Company/Parent organizations

Deepak S. Parekh (DIN: 00009078) is the Chairman of the Company and its holding company – Housing Development Finance Corporation Limited (HDFC), India’s premier Housing Finance Company.

Who is Anuj Tyagi?

Head of corporate and micro insurance business at hdfc ergo general insurance company, a USD 500 million company. Also, heading the reinsurance function for the organisation. In addition to this, also acting as a Board Member on Ergo Sigorta insurance, Turkey for past 15 months.

Is HDFC Ergo listed company?

(i) HDFC ERGO General Insurance Company Limited is a joint venture between HDFC Ltd. and ERGO International AG, a Germany-based company that is part of the Munich R Group. HDFC holds 51 percent, and ERGO the other 49 percent.

What does HDFC Ergo do?

Health insurance plans from HDFC Ergo come with lifelong renewal, thus saving you from the stress of uncalled medical emergencies. Health insurance plans with no sub limit on room rents available. The company provides 5% bonus on sum insured for every claim free year.

What is Suraksha HDFC?

Sarv Suraksha is a comprehensive insurance policy specially designed for customers availing a loan with an objective to provide financial security to the loan borrower and his family incase of an unfortunate event. The policy provides insurance cover maximum up to the loan amount.

Is HDFC Ergo good?

0 Reviews & Rating. HDFC ERGO General health insurance is counted among the leading health insurance providers. It provides you with good health plans and policies which are very much cost-effective in nature. It offers you with most innovative insurance services.

Who is the CEO of HDFC ERGO Insurance Company?

Mr. Ritesh Kumar (DIN: 02213019) is the Managing Director and CEO of the Company. Mr. Kumar has about 25 years of experience in the Financial Services Industry, of which the first 10 years were in Banking and the last about 15 years in Insurance. Mr.

Who is the chairman of Board of directors of HDFC?

Mr. Deepak S. Parekh (DIN: 00009078) is the Chairman of the Company and its holding company – Housing Development Finance Corporation Limited (HDFC), India’s premier Housing Finance Company. He is a fellow of The Institute of Chartered Accountants (England & Wales).

When did HDFC ergo merge with Apollo Munich?

ERGO became a 49% stakeholder in the Company in 2015. In June 2019,HDFC announced plans to acquire 51.2 per cent stake in Apollo Munich Health Insurance and later merged it with its general insurance arm, HDFC ERGO .

When was L & T General Insurance acquired by HDFC ergo?

L General Insurance was acquired by HDFC ERGO in June 2016, for around ₹551 crore and the merger completed on 23 August 2017.