Universal Sompo General Insurance Co. Ltd
The joint venture has been capitalized with shareholders funds of over 435.80 cr. including share premium. The Company received the Licence and Certificate of Registration from Insurance Regulatory and Development Authority in November 2007. Three of the Indian partners are leading banks with a combined asset base of Rs. 92,602 crores and over 4000 branches and distribution centers. Plus the 4th largest FMCG company in India with over 15 million retail outlets.