Shriram General Insurance

Shriram General Insurance Company is a joint venture between the Indian financial sector major Shriram Capital and Sanlam Limited, which is the largest general insurance company in South Africa. In the partnership Shriram Capital holds 74% stake while the remaining 26% is held by Sanlam.

The Shriram Group was established in 1974 and the commercial vehicle financing business is the biggest success storu so far. The company also has a retail lending business which caters to personal loans, home loans, consumer durable and gold loans. The company also has a life insurance business in Shriram Life insurance. The Sanlam Group is a financial services major with insurance, banking and asset management business lines.