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Chola Insurance to target Japanese, Korean firms for business

Category :India Sub Category :National,Business
2009-08-04 00:00:00
   Views : 510

'We have a major share of the insurance business of Hyundai Motors, Toyota, Honda Motors, Yamaha Motors, Sony, Panasonic, Samsung India and 100 percent share in LG Electronics,' said S.S. Gopalarathnam, managing director of Chola MS.

He said 7 percent of the company's premium comes from Japanese and Korean firms in India.

Chola MS earns nearly 72 percent of its Rs.685 crore premium from the retail segment comprising of motor, house, health and other insurance policies.

'Health insurance gives us 23 percent of our premium and we have filed three new health insurance policies for the insurance regulator's approval,' added Gopalarathnam.




Author :Indo Asian News Service



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