Allied Insurance NEWS
AfricaRe, Custodian, others can meet obligations, says report
- The Nation Newspaper
According to the agency, Continental Reinsurance Plc has an excellent ability to meet its ongoing insurance obligations. Custodian and Allied Insurance
Plc and Axa Mansard Insurance Plc were however said to have financial strength and ability to meet ...
How an insurance CIO deployed a BI tool to optimize costs
- CIO India
Star Health and Allied Insurance
is India's first health insurance company. It began its operations in 2006, with business interests in Overseas Mediclaim Policy, Health Insurance, and Personal Accident. The company uses a variety of reports in a time ...
Focus on M&A after Markel-Allied talks end
- The Insurance Insider (subscription)
Markel and Allied
World have ended advanced talks over a transaction that could have reignited major M&A activity in the specialty P&C sector, The Insurance
Insider can reveal. Instead, the failed negotiations will raise questions over whether the 2014 ...
Apis, ICICI Venture buy 15% stake in Star Health
- Economic Times
MUMBAI: Apis Partners and ICICI Venture acquired a 15% stake in Star Health & Allied Insurance
for Rs 315 crore, valuing the company at Rs 2,100 crore. The Chennai-based standalone health insurer had hired MAPE Advisory Group to find a buyer for a ...
Star Health raises Rs.320 crore
- The Hindu
Health insurance provider Star Health and Allied Insurance
Company Limited has raised Rs.320 crore to strengthen its solvency margin. According to V. Jagannathan, Chairman-cum-Managing Director, the funds have been raised from Apis Growth Fund I, ...
PE funds pick minority stake in Star Health
- Times of India
CHENNAI: A fund managed by Apis PE and ICICI Venture have picked up a minority stake in privately held health insurer Star Health and Allied Insurance
Co Ltd by investing nearly 320 crore. It is learnt that about 220 crore was pumped in by Apis Growth ...
(Repeating with correction in para 4)
- India Today
Mumbai, Aug 31 (PTI) ICICI Venture and Apis Partners have acquired a minority stake in Star Health and Allied Insurance
Company for Rs 315 crore. A minority stake in Star Health has been acquired by Apis Growth Fund I, a private equity fund managed by ...
Apis PE, ICICI Venture buy stake in Star Health Insurance
Mumbai: Health insurer Star Health and Allied Insurance
Co. Ltd on Wednesday said two private equity funds—Apis Growth Fund I, a private equity fund managed by Apis Partners LLP, and India Advantage Fund Series 4, a private equity fund managed by ...
Star Health Insurance raises Rs 320-cr investments
- Business Standard
Apis Growth Fund-1 and ICICI Venture have acquired a minority stake in Star Health and Allied Insurance
Company. The investors have infused Rs 320 crore into the company, which is valued at around Rs 2,000 crore. Apis Growth Fund-1, a private equity ...
Allied World Bermuda Appoints Chow as Senior VP, Professional Lines
- Insurance Journal
In this role, Chow will be responsible for the strategic direction, management, marketing and underwriting of Allied
World Bermuda's professional lines, which include primary and excess directors & officers, fiduciary, financial institutions, primary ...
Allied Insurance Videos
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Star Health and Allied Insurance Company CMD talks about its journey
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Allied Insurance Wiki
Allied Insurance provides insurance to individuals, families and businesses. Headquarters are located in Des Moines, IA. They are represented by independent insurance agents through their regional offices and staff in: Des Moines, IA; Lincoln, NE, Denver, CO, and Sacramento, CA.Allied employs more than 4,100 people throughout the U.S, and was formed as ALLIED Mutual Automobile Association in 1929 by Harold Evans. In 1998, Allied merged with Nationwide Mutual Insurance Company. A Fortune 500 company based in Columbus, OH, Nationwide is one of the country's largest diversified insurance and financial services organizations. Nationwide is one of the country's largest auto and home insurer and employs more than 35,000 people throughout the world. In 1998, Allied assumed responsibility for Nationwide's independent agency system including Nationwide Insurance Company of America (NICOA), formerly known as TIG/Countrywide, in Battle Creek, MI. In 1999, CalFarm Insurance in Sacramento, CA, joined the Nationwide system. These companies now operate as Allied Insurance.