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CCI okays Sanlam Group’s proposal for stake purchase in Shriram Life Insurance

CCI okays Sanlam Group’s proposal for stake purchase in Shriram Life Insurance

by AIP Online Bureau | Jun 9, 2026 | Indian News, Life

“The proposed combination envisages acquisition of 2.80 per cent of the expanded equity capital of Shriram Life Insurance Company Ltd (SLIC) through a preferential issue by Sanlam Emerging Markets (Mauritius) Ltd (SEMM),” the regulator said in a release. New Delhi:...
S Africa’s Sanlam hikes stake in 2 Shriram insurance JVs, TPG to exit insurance cos

S Africa’s Sanlam hikes stake in 2 Shriram insurance JVs, TPG to exit insurance cos

by AIP Online Bureau | Apr 5, 2024 | Eco/Invest/Demography, Indian News, Life, Non-Life, Regulation

Sanlam has already entered into a share purchase deal to buy 6.29 per cent in Shriram General  Insurance Company (SGIC) and 7.04 per cent in Shriram Life Insurance Company (SLIC) from TPG India Investments, and 4.45 per cent in SGIC and 4.98 per cent in SLIC from the...
Shriram Life focused on exploring newer markets, customers: MD&CEO

Shriram Life focused on exploring newer markets, customers: MD&CEO

by AIP Online Bureau | Aug 4, 2023 | Indian News, Life

”We are focused on reaching more customers and exploring newer markets to increase insurance penetration in the rural and middle-income segment,” company MD and CEO Casparus J Kromhout said Chennai: Shriram Life Insurance is focused on exploring newer...
Shriram Life Insurance posts Rs 156 cr net profit in FY22-23

Shriram Life Insurance posts Rs 156 cr net profit in FY22-23

by AIP Online Bureau | May 14, 2023 | Indian News, Life

”Our growth has advanced thanks to the adoption of technology and innovation, enabling more rural policy holders to complete their paperless statements,” company Managing Director Casparus J H Kromhout said Chennai: Shriram Life Insurance Company has...

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