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  • Not keen to take undue advantage of SBI brand
  • SBI General Insurance FY14 premium income up 54% at Rs 1,188 crore
  • SBI General hopes to break-even in FY16
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SBI General Insurance Company Limited is a joint venture between the State Bank of India and Insurance Australia Group (IAG). SBI owns 74% of the total capital and IAG the remaining 26%.

SBI General is in the process of setting up a unique multi-distribution model encompassing Bancassurance,Agency, Broking & Retail Direct channels.

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Bank of India and Insurance Australia Group (IAG). SBI owns 74% of the total capital and IAG the remaining 26%.

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