Home   >>    Insurance   >>    Life Insurance   >>     Overview

BoI, Dai-ichi, UBI signs pact

The trio, Bank of India (BoI), a Japan-based Dai-ichi Mutual Life Insurance Company and Union Bank of India (UBI) have jointly come up with a life insurance company.

Apnainsurance.com Research Bureau

07 Dec 2007

The trio, Bank of India (BoI), a Japan-based Dai-ichi Mutual Life Insurance Company, and Union Bank of India (UBI) have jointly come up with a Life Insurance Company.

The company is to be called 'Star Union Dai-ichi Life Insurance Company Limited'. The partners are waiting for the registration and the required clearance from the Insurance Regulatory and Development Authority (IRDA). It will then float its products in the market.

BoI holds 51per cent, Dai-ichi holds 26 per cent and UBI holds 23per cent in the company. The paid-up capital stands at Rs.250 crore.



Get Life Insurance Proposals
Upto 5 providers will offer you alternative proposals based on Sep 2016 premiums
?  
 
 

Prefered Insurance Cos:
  •  Any 5
  •  IDBI FORTIS
  •  ING VYSYA
  •  FUTURE GEN
  •  AVIVA
  •  SHRIRAM
  •  DLF
  •  CANARA HSBC
  •  SAHARA
  •  STAR UNION
  •  AEGON RELIGARE
  •  HDFC LIFE

 
 
 
 
 

I authorize the website and its partner providers to call or SMS me in connection with my application & agree to the Privacy Policy and Terms of use