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Edelweiss Tokio Life Insurance Co. Ltd. is a joint venture between Edelweiss Financial Services, one of India’s renowned financial services groups and Tokio Marine Holdings Inc, which is world’s largest insurance groups located in Japan. Having a rich experience of more than 130 years in the insurance sector, Tokio Marine has its presence in covering 39 countries.
Edelweiss Tokio Life Insurance started its business in the year 2011 with Edelweiss Group holding 74 per cent and Tokio Marine the remaining 26 per cent stake in the joint venture.But recently Edelweiss Tokio Life Insurance recently got the IRDA approval to enhance Tokio Marine's stake to 49 per cent in the Joint venture. This will be a major investment move by Tokio Marine in the joint venture which is maiden within the Life insurance space. The increase in Tokio Marine's stake will lead to a foreign direct investment of over Rs 525 crore. Edelweiss Tokio Life Insurance provides a range of life insurance products catering to insurance solutions to individuals and groups as well.
Tuesday, Apr 25, 2017 10:00 AM
Edelweiss Tokio Life Insurance, the joint venture between the Edelweiss Group and Tokio Marine Holdings of Japan, has obtained approval from IRDAI for ‘POS
Tuesday, Feb 07, 2017 10:00 AM
Edelweiss Tokio Life Insurance, the joint venture between the Edelweiss Group and Tokio Marine Holdings of Japan, has been conferred the Winner - Best Life Insurer 2016, at the prestigious Outlook Money Awards.
Friday, Dec 02, 2016 10:00 AM
Rs. 1 crore cover has been given to each of the Paralympians - Mariyappan Thangavelu, Devendra Jhajharia, Deepa Malik and Varun Singh Bhati.