hdfc ergo

'Too Expensive', Only 1-2% Of Homeowners in India Buy Policy: Experts

Customisation is the buzzword in health insurance as add-ons offer flexibility, but it may also lead to confusion

Rajasthan government has ordered insurance firms to speed up crop loss surveys and payouts under PMFBY for Rabi season damage. Farmers, however, report delays and unaddressed claims following unseasonal rains and hailstorms. Officials assure prompt settlement, warning against arbitrary rejections and emphasizing transparency through the CLAP app.

The Indian general insurance sector saw a strong rebound in FY26. Premium growth surged to 9.3 percent, a significant jump from the previous year. This expansion was fueled by private insurers and a robust demand for health insurance policies. The stand-alone health insurance segment was a key driver, experiencing impressive growth.

Insurance may cover some post-hospitalisation expenses, but long-term rehab and caregiving often require a separate healthcare corpus

A Bengaluru resident's car silencer theft claim, initially rejected by insurers, was finally settled by a consumer commission. After months of struggle and a proposed settlement that wasn't fully honored, the commission ordered the insurance companies to pay the remaining amount and litigation costs, highlighting a deficiency in service.

New Delhi, Sep 7 () Honda Motorcycle & Scooter India (HMSI) and hdfc ergo General Insurance today joined hands to offer discounted motor insurance policies to two-wheeler buyers across the country.

New Delhi, Sep 7 () Honda Motorcycle & Scooter India (HMSIL) and hdfc ergo General Insurance today joined hands to offer discounted motor insurance policies to two-wheeler buyers across the country.

The country's largest mortgage lender HDFC Ltd on Thursday said the company and its subsidiary hdfc ergo have got approvals for acquiring a majority shareholding in Apollo Munich Health Insurance Co Ltd.

Mumbai, Jun 3 () The fourth largest private sector general insurer hdfc ergo today said it will acquire its smaller rival L&T General Insurance in an all-cash deal for Rs 551 crore.

India is expected to see a significant jump in insurance penetration during the current fiscal and is projected to leapfrog in global rankings in the next five years, according to the chief executive of hdfc ergo General Insurance.

Mumbai, Jun 3 () The fourth largest private sector general insurer hdfc ergo today said it will acquire L&T General Insurance in an all-cash deal for Rs 551 crore and will retain all the employees of the latter even a sit may go for branch rationalisation post acquisition.

German insurer Ergo has agreed to pay HDFC, the majority partner in their non-life joint venture, Rs 1,122 crore for hiking its stake from 25.84% to 48.72%. The proposed deal values hdfc ergo General Insurance at Rs 4,900 crore.

Mumbai, Sep 11 () hdfc ergo General Insurance, which has just completed acquisition of L&T General Insurance to become the third largest private sector non-life insurer, has set a target of clocking 45 per cent business growth of the combined entity this year.

hdfc ergo General Insurance—the non-life arm of the country’s largest home finance company—has agreed to acquire L&T General Insurance for Rs 551 crore in an all-cash deal. The acquisition will help hdfc ergo to strengthen its presence in the market.

HDFC will acquire a majority stake in Apollo Munich Health Insurance for Rs 1,347 crore following a deal with the company's promoter Apollo Hospitals group. Once it is approved by the housing and insurance regulators and the competition commission, HDFC plans to merge the health insurer with its own non-life subsidiary hdfc ergo.

India is now the fastest-growing market for German insurance giant Ergo with 12-15% growth, outpacing 2-3% in Germany. hdfc ergo, its joint venture, contributes significantly to its international portfolio. Ergo's tech hub in India, with 550 employees, bolsters its digitalisation efforts.