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Allied Insurance Company News

Sun, 16 Oct 2016 23:13:17 GMT
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 ...
Wed, 05 Oct 2016 10:33:25 GMT

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 ...
Tue, 04 Oct 2016 14:07:34 GMT
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 ...
Thu, 01 Sep 2016 19:30:18 GMT

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 ...
Thu, 01 Sep 2016 17:46:00 GMT
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, ...
Thu, 01 Sep 2016 01:21:36 GMT
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 ...
Wed, 31 Aug 2016 19:40:17 GMT
(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 ...
Wed, 31 Aug 2016 19:23:07 GMT

Apis PE, ICICI Venture buy stake in Star Health Insurance  -  Livemint
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 ...
Wed, 31 Aug 2016 14:12:50 GMT

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 ...
Fri, 26 Aug 2016 09:46:30 GMT
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 ...