Australian firm in fray for HDFC's Chubb stake

Australia-based Insurance Australia Group is in advanced talks to buy a 26 per cent stake in HDFC Chubb General Insurance, following the buyout of Chubb's stake by HDFC. Sources said the two other......

HDFC to buy Chubb's stake in insurance JV

Housing Development Finance Corporation Ltdsaid on Tuesday it will acquire US-based Chubb Global Financial Services Corporation's 26 per cent stake in their joint insurance venture. In a communique......

General insurance biz grows by 12.5%

The general insurance industry recorded 12.5 per cent growth in business at Rs 14,452 crore (Rs 144.52 billion) during April-February 2003-04, mainly on the strength of a robust 72 per cent growth......

6 pvt general insurers miss out on rural obligatio

Bajaj Allianz, with 53,014 policies, and Iffco-Tokio, with 42,203 policies, were the only private sector non-life insurers, which could fulfill their rural and social sector obligations for the......