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Home Misc.

Rs 125 crore infusion in Iffco-Tokio

Ajay Jha by Ajay Jha
April 12, 2012
in Misc.
2
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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.

Tags: cooperativeIFFCO TOKIOinfusion of fundinsurance companys narayanan
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