 HDI Gerling is part of Talanx Group, the third largest insurance group in Germany.Mumbai-based asset finance company, Magma Fincorp Limited announced the Q3FY19 results, posting a robust growth in profits driven by higher disbursements, lower NPAs and stable net interest margins (NIMs).Profit after tax for the quarter grew at an impressive 65% YoY, despite sharp increase in cost of funds due to the prevailing uncertainty in the financial services industry.