BANKING AFFAIRS

Detailed explanation-1: -IFFCO-Tokio General Insurance was incorporated in 2000, as a joint venture between the Indian Farmers Fertilizer Co-operative (IFFCO), which is one of the world’s biggest cooperative society, and Tokio Marine Group, which is also the largest listed insurance group in Japan.

Detailed explanation-2: -IFFCO-Tokio General Insurance Company Limited was incorporated in 2000, as a joint venture between the Indian Farmers Fertiliser Co-operative Limited (IFFCO), which is the world’s largest fertilizer manufacturer, and Tokio Marine Group, which is one of the largest insurance groups in Japan.

Detailed explanation-3: -Trusted Since 1906 National Insurance Company Limited is India’s Oldest General Insurance Company.

Detailed explanation-4: -General Insurance in India has its roots in the establishment of Triton Insurance Company Ltd., in the year 1850 in Calcutta by the British.