Perhaps the only Insurance Company with partly cooperative management in the country IFFCO-TOKIO is set to increase its business. Insurance giant’s Indian and Overseas promoters have begun pitching in with their contributions.
The company has issued a terse statement claiming its total fresh capital infusion works out to more than Rs 125 crore.
According to IFFCO TOKIO director S. Narayanan , the company would continue to increase market share and post growth with an impressive bottom line in the days ahead, a fiercely competitive environment notwithstanding.
The hyphenated IFFCO-TOKIO is majorly an Indian business organisation that uses the expertise of the Japanese Tokio Marine Asia Private.