India · South Asia

Magma General (ex-Magma HDI)

GGeneral (Non-life)Domestic privateVerified against regulator register
Class of business
General (Non-life)Short-term property, casualty, motor, marine and other non-life covers.
Parent / group
Adar Poonawalla / Magma
Ownership
Domestic privateOwned by domestic private shareholders with no cross-border parent.
Regulator
Insurance Regulatory and Development Authority of India (IRDAI)irdai.gov.in
Local currency
INR
Source basis
IRDAI lists of life (26), general (28) and health (8) insurers, printed 4 Sep 2026 - user-supplied; plus GIC Re, Valueattics Re and 10 foreign reinsurance branches
Country verification
Verified - full register · IRDAI lists printed 4 Sep 2026 (user-supplied): 26 life, 28 general, 8 standalone health; plus GIC Re, Valueattics Re and 10 FRBs
Identifiers
slug india-magma-general-ex-magma-hdi · row 726/api/v1/insurers/india-magma-general-ex-magma-hdi.json