Mumbai: HDFC ERGO General Insurance Co. Ltd on Thursday said Germany’s ERGO Insurance Group will raise its holding in the company to 48.74%, buying an additional 22.63% stake for ₹ 1,122 crore.

HDFC agreed to sell 26 percent of its insurance unit to Munich Re's ERGO International <ERGG.DE> subsidiary for an undisclosed sum, the two companies said in a statement.

India Business News: Mumbai: HDFC ERGO General Insurance – a joint venture between HDFC and German insurer Ergo has completed the merger of HDFC General Insurance (formerl.

Munich Re's &lt;MUVGn.DE&gt; insurance unit Ergo has agreed to buy nearly 23 percent more in its India joint venture with Housing Development Finance Corp &lt;HDFC.NS&gt; for 11.22 billion rupees ...

Mumbai, Oct. 30: HDFC Ltd, the leading housing finance company in the country, today picked Ergo International AG as the new joint venture partner for its general insurance business. Under the ...

HDFC ERGO’s adoption of Duck Creek’s low-code, highly configurable platform to design a pioneering AI-enabled, real-time policy issuance system marks a significant milestone, where now the ...

Somesh Surana has been elevated to Joint President - Digital Business Group & Marketing at HDFC ERGO General Insurance. He shared the news of his promotion through a LinkedIn post.

In August, HDFC also announced that its British joint venture partner Standard Life will invest ₹1,700 crore in its life insurance firm HDFC Life to raise its stake by 9 per cent.

HDFC ERGO has partnered with the Paralympic Committee of India to make PlayAble a reality. "India's para-athletes have shown the world what determination can achieve.

Real estate boost: HDFC Capital will invest ₹1,500 crore in a joint platform with Eldeco Group to develop 18 residential projects in tier II-III cities with a revenue potential of ₹11,000 crore.

HDFC Ergo free Apple Watch Ultra campaign: What is it, what happened and how it affected users Zopper recently announced a new campaign called “India Gets Moving” that promised a full cashback ...

With this partnership, the HDFC ERGO aims to provide un-complicated financial planning for customer by offering the term life insurance with a minimum sum assured of ₹50,000.