Parkekh, who wears double hats of heading both asset management company and life insurance arm of HDFC, suggested lowering of commission charges and enhancing life cover on the ULIP schemes as a possible solution to SEBI - IRDA spat. (indianexpress.com)
HDFC ERGO General Insurance is all set to acquire L&T General Insurance arm in an all - cash deal of Rs. 551 Crore. (policybazaar.com)
Canara HSBC Oriental Bank of Commerce Life Insurance Company Limited was launched in June 2008 and is jointly owned by two of India's largest public sector banks — Canara Bank (holding 51 %) and Oriental Bank of Commerce (23 %)-- and HSBC Insurance (Asia Pacific) Holdings Limited (26 %), the Asian insurance arm of one of the world's largest banking and financial services groups — HSBC. (policyx.com)