Feedback
Insurance is not merely an investment to save taxes. It’s a lot more. Whether it’s about the Financial security for your family or having that protection cover when life springs up unpleasant surprises or even taking care of the educational needs of your loved ones – There’s nothing that can beat Insurance. Unlike other avenues, Insurance gives you the much needed all round protection throughout life.
Username
Password
 
New User / Forgot Password?
Home Contact Us Feedback
 

 Refer this page to a friend   Print preview

ING insurance unit to invest Rs 240 cr in India

02-Jul-2010

The Indian insurance unit of Dutch financial services firm ING plans to invest Rs 240 crore ($51 million) in 2010/11 to fund expansion in the country, it said on Thursday. "We have a huge opportunity in this market and we are committed to see this business grow," ING Insurance management board member Tom McInerney said in a statement.

Last week, ING sold all of its 3.1 per cent stake in India's Kotak Mahindra Bank for $175 million as part of the Dutch firm's 'back to basics' programme announced in April 2009, which included a planned 8 billion euros in asset sales.

Source : www.insuremagic.com

 
 
 
ARTICLES

Check out our library of various insurance related articles.

          Click here
 
 
  All rights reserved 2007