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Magma HDI General enters insurance sector

Magma HDI General was promoted by Magma Fincorp Ltd, Celica Developers Pvt Ltd, Jaguar Advisory Services Pvt Ltd, and HDI Gerling Industrie Versicherung AG

May 25, 2012 9:54 IST | India Infoline News Service
The Insurance Regulatory and Development Authority (IRDA) has issued certificate of registration to Magma HDI General Insurance Company Ltd.
Magma HDI General was promoted by Magma Fincorp Ltd, Celica Developers Pvt Ltd, Jaguar Advisory Services Pvt Ltd, and HDI Gerling Industrie Versicherung AG.
With this registration, the total number of general insurers registered with IRDA had gone up to 26, the IRDA said in a release.

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