About Magma HDI General Insurance Co Ltd
Magma HDI General Insurance Co Ltd. is a joint venture between Magma Fincorp Ltd, Kolkata and HDI Global SE Germany.
Our vision is to be the most preferred, vibrant, and responsible general insurance company, fulfilling the aspirations of all its stakeholders. Through these products, we aim to service the entire gamut of insurance needs of a customer and provide exemplary customer service.
About Magma Fincorp Ltd
Magma Fincorp Ltd is one of India’s premier and largest NBFCs, with a strong distribution and service network, along with an impressive penetration in rural India. Its partner company – HDI Global SE is part of the Talanx-Group which is the third largest insurance group in Germany.
About HDI Global SE
The HDI Global SE brand is a part of Hannover based Talanx group – a multi-brand provider within the insurance and financial services industries, and operates in around 150 countries.
HDI Global SE came into being in 2006 through the marriage of the two long-established HDI and Gerling brands – each of which is backed by over 100 years of solid experience. Worldwide, HDI Global SE offers its customers comprehensive insurance protection that is tailored to their needs.
The Industrial Lines division of the Talanx Group is led by and HDI Global SE. The company is active in more than 150 countries through its subsidiaries and network partners. As an industrial insurer with an international presence, HDI Global SE Industries supports its clients at home and abroad with solutions that are optimally attuned to their needs.
Its range of products and services extend from liability, motor, accident, fire and property insurance to marine, special lines and engineering covers. HDI Global SE proudly declares that corporates and industrial clients in Germany and abroad profit from its decades of experience in risk assessment and risk management, considering complex risks in industry and mid-sized business necessitate special protection.
HDI Global SE also offers life insurance – term and unit linked and retirement solutions. Additionally, Hannover Re, a group company, is one of the world’s leading reinsurers.