Some facts and figuers of ICICI lombard and Bajaj Allianz

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Sunanda K. Chavan
Some facts and figuers of ICICI lombard and Bajaj Allianz


ICICI Lombard



ICICI Lombard is a 74:26 joint venture between ICICI Bank Ltd., India’s second largest bank with $79 billion in assets and Fairfax Financial Holdings Ltd., a Canada based $26 billion diversified financial services company engaged in general insurance, reinsurance, insurance claims management and investment management.


ICICI Lombard’s success is the result of coming together of two of the most trusted names in the financial sector.



The company is the largest private sector general insurance company in India with a Gross Written Premium (GWP) of Rs 30,034 million for the 12 months ended March 31, 2007 with a market share of nearly 12.4% and compounded annual growth rate of over 84% in the last two years.
 
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