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Private insurance firms in India

Which insurance firm has a 'flame' as its logo?
Take the Rediff Biz Quiz and find out how much you know about the private insurance companies in India.

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1. Which of the following does not offer life insurance products?
a) Tata AIG
b) Reliance Standard
c) ICICI Lombard

2. Sun Microsystems signed a deal with which of the following?
a) Max Life
b) United India Insurance
c) ING Vysya

Wrong! Try again..
Wrong! The correct answer is United India Insurance .
The Santa Clara-based Sun Microsystems Inc, in February, signed a deal with United India Insurance Co to equip 10,000 users at the Indian insurance provider with its StarOffice 7 desktop applications suite. The value of the deal was not disclosed, but Sun said StarOffice 7 Enterprise Edition is priced at $25 per user for 10,000 users. United India is one of the four subsidiaries of General Insurance Corporation with its headquarters in Chennai.
Correct!
The Santa Clara-based Sun Microsystems Inc, in February, signed a deal with United India Insurance Co to equip 10,000 users at the Indian insurance provider with its StarOffice 7 desktop applications suite. The value of the deal was not disclosed, but Sun said StarOffice 7 Enterprise Edition is priced at $25 per user for 10,000 users. United India is one of the four subsidiaries of General Insurance Corporation with its headquarters in Chennai.

3. Which insurance company has a 'flame' as its logo?
a) Max India
b) Birla Sun Life
c) ING Vysya

Wrong! Try again..
Wrong! The correct answer is Max India .
The Max flame is representative of many qualities. As it burns, it represents Enterprise and Ambition. Its steadfast quality embodies hope, commitment, care and service. As a giver of light, it is the flame of knowledge. The base of the flame is a "Diya" (traditional earthen lamp). This symbolises the earth, and the fact that common denominators bind the world together.
Correct!
The Max flame is representative of many qualities. As it burns, it represents Enterprise and Ambition. Its steadfast quality embodies hope, commitment, care and service. As a giver of light, it is the flame of knowledge. The base of the flame is a "Diya" (traditional earthen lamp). This symbolises the earth, and the fact that common denominators bind the world together.

4. Which Indian Auto major has a tie-up with a German insurer?
a)Hero
b) Bajaj
c) Hindustan Motors

Wrong! Try again..
Wrong! The correct answer is Bajaj.
Bajaj Allianz General Insurance Company Limited is a joint venture between Bajaj Auto Limited and Allianz AG of Germany. Incorporated on September 19, 2000, Bajaj Allianz General Insurance Company received the Insurance Regulatory and Development Authority certificate of Registration on May 2, 2001 to conduct general insurance business (including health insurance business) in India. The company has an authorised and paid up capital of Rs 110 crores.
Correct!
Bajaj Allianz General Insurance Company Limited is a joint venture between Bajaj Auto Limited and Allianz AG of Germany. Incorporated on September 19, 2000, Bajaj Allianz General Insurance Company received the Insurance Regulatory and Development Authority certificate of Registration on May 2, 2001 to conduct general insurance business (including health insurance business) in India. The company has an authorised and paid up capital of Rs 110 crores.

5. ING Vysya is a joint venture between…
a) ING Vysya Bank, GMR Group
b) ING Insurance, Vysya Bank
c) ING Insurance, ING Vysya Bank and GMR Group

Wrong! Try again.
Wrong! The correct answer is ING Insurance, ING Vysya Bank and GMR Group.
ING Vysya Life Insurance is a joint venture between ING Insurance, ING Vysya Bank and GMR Group. The shareholding details are ING Insurance BV 26%, ING Vysya Bank Limited 49%, GMR Technologies and Industries 25%. ING Group is a global financial institution of Dutch origin with 115,000 employees. ING offers banking, insurance and asset management to 60 million clients in 60 countries. ING Vysya Bank Limited It is one of India's premier private sector banks with a heritage of over 70 years. The GMR Group has wide-ranging interests in fields such as power generation, infrastructure, manufacturing, software and banking.
Correct!
ING Vysya Life Insurance is a joint venture between ING Insurance, ING Vysya Bank and GMR Group. The shareholding details are ING Insurance BV 26%, ING Vysya Bank Limited 49%, GMR Technologies and Industries 25%. ING Group is a global financial institution of Dutch origin with 115,000 employees. ING offers banking, insurance and asset management to 60 million clients in 60 countries. ING Vysya Bank Limited It is one of India's premier private sector banks with a heritage of over 70 years. The GMR Group has wide-ranging interests in fields such as power generation, infrastructure, manufacturing, software and banking.

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Compiled by: Rediff Business Desk 



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