Sahara India Life Insurance Co. Ltd. (SILICL) is the first fully-owned Indian private sector life insurance company without any foreign partner with an initial paid-up capital of 157 crores. It is operated by one of India’s largest conglomerate Sahara India Pariwar. Headquartered in Lucknow, Sahara India Pariwar is a renowned business house. SILICL provides a complete range of insurance solutions to its customers. SILICL launched its operation after obtaining a mandatory regulatory nod from Insurance Regulatory and Development Authority of India (IRDAI) on February 6, 2004. The latest Claim Settlement Ratio (CSR) of Sahara Life for FY 2018-19 is 90.16%.
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Wednesday, Aug 09, 2017 10:00 AM
The Insurance Regulatory and Development Authority of India (IRDA) said its order directing the shotgun marriage of Sahara India Life Insurance Co. Ltd and ICICI Prudential Life Insurance Co. Ltd was the culmination of a two-year process.
Saturday, Aug 05, 2017 10:00 AM
The work on the valuation of assets and liabilities of Sahara India Life Insurance Company Ltd by an independent actuary will happen only after the Securities Appellate Tribunal
Tuesday, Aug 01, 2017 10:00 AM
The Securities and Appellate Tribunal (SAT) has ordered status quo for one week on the insurance regulator's directive to transfer Sahara Life Insurance’s policyholder liabilities.