Company Details
Hence foreseeing the General Insurance business as a Sunrise Industry, Shriram Group has entered into this business and as a result Shriram General Insurance came into existence. Upto Sept 2012 it was a 74:26 Joint Venture between Shriram Capital Ltd. and Sanlam Limited (South Africa).. SANLAM is a leading Financial Services Group of South Africa with a market capitalization of more than $6 billion, established in 1918 and the Group demutualised in 1998. SANTAM is a part of Sanlam Limited, which is engaged in short-term insurance cluster and is the leading short-term insurance company in South Africa. Since September 2012, the stake of Sanlam Limited (South Africa) has been transferred to Shriram Capital Ltd. The overall team of SGI includes young and vibrant senior executives of insurance domain to handle Underwriting and Claim matters
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