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Total equity. ₹12,990 crore (US$1.6 billion) [2] (2023) Parent. HDFC Bank (50.39%) [3] Website. www .hdfclife .com. HDFC Life Insurance Company Limited ( d/b/a HDFC Life) [4] is a long-term life insurance provider headquartered in Mumbai, offering individual and group insurance services. The company was incorporated on 14 August 2000.
Life insurance is one of the growing sectors in India since 2000 as Government allowed Private players and FDI up to 26% and recently Cabinet approved a proposal to increase it to 49%. In 1955, mean risk per policy of Indian and foreign life insurers amounted respectively to ₹2,950 & ₹7,859 [ 1 ] (worth ₹15 lakh & ₹41 lakh in 2017 prices).
HDFC international Life & Re offers reinsurance on treaty and facultative basis As part of proportional reinsurance, it provides ‘quota share’ and/or ‘surplus’ for individual and group life policies as well as credit life policies. The reinsurance company also provides to its cedents customised insuretech platforms. [1]
The answer is a bit more complex. In this article, CheapInsurance.com explores the fascinating interplay between ADAS, collision rates, and the evolving world of car insurance. We'll follow the ...
These are the items Americans lose most. Perhaps unsurprisingly, the most commonly lost items were also among the most ubiquitous and important: phones and keys. Most people don't leave home ...
The average cost of a full coverage car insurance policy in North Carolina is $1,713 per year, but your personal rate, including the addition of a gap insurance endorsement, will vary from this ...
Tata AIA Life Insurance Company Limited is an Indian joint venture life insurance company, formed by Tata Sons and AIA Group (AIA). It combines Tata's pre-eminent leadership position in India and AIA's presence as the largest, independent listed pan-Asian life insurance group in the world spanning 18 markets in the Asia–Pacific region.
Gap insurance. Comprehensive. Collision. What it covers. Only covers your car if it is deemed a total loss. Only pays the difference between the depreciated value and your remaining loan balance.