Insurance

IDBI Fortis Life Insurance Company Ltd.

IDBI Fortis Life Insurance Co. Ltd. was started as a joint venture between three financial organizations of india. The firms include IDBI bank, Federal Bank, and Fortis. In the joint venture, IDBI Bank owns 48 per cent equity while Federal Bank and Fortis own 26 per cent equity each.

Headquartered in Mumbai, IDBI Fortis Life Insurance started its operation in March 2008 in India. The company offers health insurance and home insurance plans.

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