#1
February 2nd, 2016, 08:44 AM
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History of HDFC Life Insurance
I want get the details regarding the history of HDFC Life Insurance Company so can you please provide me?
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#2
February 2nd, 2016, 08:53 AM
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Re: History of HDFC Life Insurance
HDFC Standard Life Insurance Company HDFC Life is a long-term life insurance provider, offering individual and group insurance. Its head quarter is located in Mumbai. The Company was established in 2000. It is a joint venture between Housing Development Finance Corporation Ltd (HDFC) and Standard Life plc HDFC Ltd. holds 72.37% and Standard Life (Mauritius Holding) Ltd. holds 26.00% of equity in the joint venture, while the rest is held by others. The company has also established a liaison office in Dubai HDFC Life has about 400+ branches and presence in 980+ cities and towns in India. The Insurance Regulatory and Development Authority (IRDA) gave accreditation to HDFC Life for 149 training centres in 2009. In 2012, it the first private life insurance company to bring back pension plans under the new regulatory regime, with the launch of two pension plans - HDFC Life Pension Super Plus and HDFC Life Single Premium Pension Super. Associated Companies- HDFC Life's associated companies include HDFC Ltd, HDFC Bank, HDFC Pension, HDFC MF, HDFC Sales, HDFC Ergo, HDB Financial Services, HDFC Securities, HDFC RED, HDFC Ventures Trustee Company, GRUH Finance, HDFC Trustee Company, HDFC Developers, HDFC Property Ventures, HDFC Investments, Credit Information Bureau (India) Ltd. |
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