Who is the chairman of HDFC Life Insurance?

Who is the chairman of HDFC Life Insurance?

Deepak Parekh
Mr. Deepak Parekh is a Nominee Director and the Chairman of our Company.

Who is HDFC Life chief financial officer?

Vibha Padalkar
Vibha Padalkar is the Executive Director and Chief Financial Officer at HDFC Life.

How many board of directors are there in HDFC Life as on March 2020?

13 Directors
Directors and Key Managerial Personnel As on date of this report your Company’s Board comprises 13 Directors viz. (4)Non-Executive Directors (6) Non-Executive Independent Directors (2) Executive Directorsincluding (1) Managing Director & CEO; and (1) Alternate Director.

What is the AUM for HDFC Life as on March 2020?

Rs. 1.3 lakh Cr
This is further supplemented by our 421 branches spread across the country. Assets Under Management: As on March 31, 2020, our AUM is Rs. 1.3 lakh Cr.

Is HDFC Life part of HDFC Bank?

HDFC Life Insurance Company Limited is a joint venture between HDFC Ltd., one of India’s leading housing finance institution and Standard Life Aberdeen, a global investment company.

Is one of the parent companies for HDFC Life?

The company is a joint venture between Housing Development Finance Corporation Ltd (HDFC), one of India’s leading housing finance institutions and Abrdn, a global investment company. As on 31 March 2020, the promoters; HDFC Ltd….HDFC Life.

Trade name HDFC Life
Parent HDFC Abrdn
Website hdfclife.com

What is the AUM for HDFC Life on March 2020?

This is further supplemented by our 421 branches spread across the country. Assets Under Management: As on March 31, 2020, our AUM is Rs. 1.3 lakh Cr.

Who is the chief and appointed actuary of HDFC Life?

. Srinivasan Parthasarathy
Mr. Srinivasan Parthasarathy is the Chief Actuary and Appointed Actuary of HDFC Life. Mr. Parthasarathy joined HDFC Life in 2011 from Canara HSBC Life Insurance with 18 years of experience in Life Insurance and Pensions in both India and the UK.

What are the distribution channels used by HDFC Life for selling life insurance plans?

HDFC Life distributes its products through a multi channel network consisting of Insurance agents, Bancassurance partners (HDFC Bank, Saraswat Bank, RBL Bank), a Direct channel, Insurance Brokers, MFIs (Micro Finance Institutions), SFBs (Small Finance Banks), etc.

Is HDFC Life a good company?

HDFC Standard Life Insurance provide me very fine life insurance term plans policy. The service is good, policy coverage is high. The claims are around Rs 21 lakh at the end of the policy.

Is HDFC life good?

Number of cases handled: this is also a very important aspact, every person should go through it, its possible for some company having good sattlement ratio but they have actually handled only few cases, HDFC life has already handled huge number of cases with great sattlement ratio, nearly 100 percent.

What is HDFC Life AUM?

The solvency ratio of the insurer has improved year-on-year (YoY) to 201 per cent, against the regulatory requirement of 150 per cent. Also, assets under management (AUM) of the insurer grew 37 per cent to Rs 1.37 trillion at the end of FY21.

Who is the MD and CEO of HDFC Life?

Vibha Padalkar (Sep 12, 2018–)
HDFC Life Insurance/Генеральний директор
Vibha Padalkar, MD & CEO, HDFC Life talks about how HDFC Life has performed better than expected in Q2 and has set the benchmark in the insurance industry, during CNBC Awaaz’s Kal Ka Bazaar show.

How is ape calculated?

Description: APE is computed as: APE = Annualized regular premium + 10 % of single premium (Including top-up premium). Where annualized regular premium = Premium amount * Billing frequency.

Is HDFC Life a bancassurance?

HDFC Life on Tuesday said it has entered into a bancassurance partnership with Yes Bank to sell policies to the bank’s customers. HDFC Life and Yes Bank Limited entered into a corporate agency (CA) arrangement, it said in a release.

Is HDFC Life better than LIC?

LIC has seen growth of 4.49 per cent in shareholders’ fund whereas HDFC Life has 45.36 per cent and ICICI Prudential Life is at 10.08 per cent. HDFC and ICICI Prudential Life do slightly better than LIC with yield on advances at 8.72 per cent and 8.5 per cent, respectively.

What is the salary of Po in HDFC Bank?

Average HDFC Bank Probationary Officer salary in India is ₹ 4 Lakhs for employees with years of experience. Probationary Officer salary at HDFC Bank ranges between ₹ 3 Lakhs to ₹ 5 Lakhs. Salary estimates are based on 5 salaries received from various employees of HDFC Bank.