26516

Cholamandalam General Insurance Co. Ltd.

Company

Cholamandalam General Insurance Co. Ltd.

Year Established

2002

Brief History

Chola MS offers a wide range of products that include Accident, Engineering, Health, Liability and Marine, Motor, Property, Travel and Rural insurance for individuals, SME's and the corporate sector.

The company has achieved Rs. 785 crores Gross Written Premium (GWP) mark for 2009-10. Having posted a remarkable growth of 15% year-an-year, we have been one of the fastest growing General Insurance companies for the previous many quarters. The company has a network of 108 branches across the country. Their group company, Cholamandalam MS Risk Services offers consultancy in the area of risk identification, assessment and suggesting risk control and mitigation measures alongside the Insurance support services.

Promoters of the company

Cholamandalam MS General Insurance Company Ltd. is a Joint Venture between the USD 3 billion Murugappa Group, one of India's leading business conglomerates and Mitsui Sumitomo Insurance Company Limited, which is part of the Mitsui Sumitomo Insurance Group of Japan, the largest Gen We have achieved Rs. 685 crores Gross Written Premium (GWP) mark for 2008-09. Having posted a remarkable growth of 31 % year-on-year, we have been one of the fastest growing General Insurance companies for the previous many quarters. We have a network of 113 branches across the country, and are represented by more than 7000 agents earl Insurance Company in Japan and 5th largest insurance group globally.

Share Capital (In crores)

141.96

Solvency margin ratio

1.02

Credit rating

NA

ISO Certificate

ISO 9001 : 2008

Gross Direct Premium 2008-2009 (In crores)

685.44

Net Claim Incurred 2008-2009

(in crores)

275.78

No of Employees

700


No. of Branch Offices India =

Overseas =

108

0

Name & Designation of Key Executives

Mr. S S Gopalarathnam, Managing Director

Yu Kitai - Whole time Director

Shivakumar Sankar - Senior Vice President (Retail Ins.)

M Subramanian - Senior Vice President (Com. Ins.)

V Suryanaraya an - Senior Vice President (Finance)

R Chandrase ran - Senior Vice President

(Underwriting! Reinsurance)

Sundar V - Vice President (IT)

Raymund Lobo - Vice President (HR)

R Suresh - Vice President - Claims

A Prabhakaran - Vice President (Operations

Head Office

(Corporate Office) Address

CholamandalamMSGenerallnsuranceCompanyLtd 2nd Floor, "DareHouse", No 2, NSC Bose Road,

Chennai-600001, India

Contact Number

Telephone :

Fax : 91-44-30445550

Email: customercare@cholams.muruaaooa.com

Toll Free No. 1800-200-5544

Website

www.cholainsurance.com

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