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Title: Insurance Sector In India
Essay Details
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Business |
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| Date: |
July 5, 2003 |
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| Length: |
33 / 9221 |
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Essay text:
The ICICI Bank holds a stake of 74% and Prudential plc holds 26% with a total capital infusion standing at Rs. 29.32 billion.
On getting approval from Insurance Regulatory Development Authority (IRDA), it started its operations in December 2000. It has over 735 offices, over 243,000 advisors; and 22 bancassurance partners all over the nation... Showed first 250 characters
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It has over 735 offices, over 243,000 advisors; and 22 bancassurance partners all over the nation.
ICICI Prudential has a National Insurer Financial Strength rating of AAA (Ind) from Fitch ratings. It was the first Indian life insurer to get the AAA rating... Showed next 250 characters
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