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HDFC International Life And Re
HDFC International Life and Re Company Limited (HDFC International Life & Re) is a first life reinsurance company based in the Dubai International Financial Centre (DIFC), UAE. It is a wholly owned international subsidiary of HDFC Life and was incorporated on 10 January 2016 under the previous Companies Law DIFC Law No. 2 of 2009, registration number 2067. HDFC international Life & Re had received its regulatory license from the Dubai Financial Services Authority ("DFSA") effective on January 31, 2016, and is regulated by Dubai Financial Services Authority (DFSA). The company secured approval from SEZ authorities at GIFT City in Gujarat, India and an in-principal approval from International Financial Services Centres Authority (IFSCA) for setting up a global-in-house center. Geographical reach The company with a registered paid up capital of US$29.5 million, is licensed and regulated by the DFSA to undertake life reinsurance business in the UAE and provide risk-transfer solutio ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
HDFC Life
HDFC Life Insurance Company Ltd. ( d/b/a HDFC Life) is a long-term life insurance provider with its headquarters in Mumbai, offering individual and group insurance services and incorporated on 14 August 2000. 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 of 31 March 2020, the promoters; HDFC Ltd. and Standard Life (Mauritius Holdings) 2006 Ltd. hold a 51.69% and 34.75% stake in HDFC Life respectively. The remaining equity is held by public shareholders. Presence and distribution HDFC Life obtained the certificate of commencement of business on 12 October 2000 and a certificate of registration from Insurance Regulatory and Development Authority of India (IRDAI) to undertake the life insurance business on 23 October 2000. HDFC Life has 421 branches and is present in 980+ cities, villages, and towns in India and supported by 16,544 employee ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
HDFC Health
HDFC Life Insurance Company Ltd. ( d/b/a HDFC Life) is a long-term life insurance provider with its headquarters in Mumbai, offering individual and group insurance services and incorporated on 14 August 2000. 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 of 31 March 2020, the promoters; HDFC Ltd. and Standard Life (Mauritius Holdings) 2006 Ltd. hold a 51.69% and 34.75% stake in HDFC Life respectively. The remaining equity is held by public shareholders. Presence and distribution HDFC Life obtained the certificate of commencement of business on 12 October 2000 and a certificate of registration from Insurance Regulatory and Development Authority of India (IRDAI) to undertake the life insurance business on 23 October 2000. HDFC Life has 421 branches and is present in 980+ cities, villages, and towns in India and supported by 16,544 employ ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Financial Services Companies Established In 2016
Finance is the study and discipline of money, currency and capital assets. It is related to, but not synonymous with economics, the study of production, distribution, and consumption of money, assets, goods and services (the discipline of financial economics bridges the two). Finance activities take place in financial systems at various scopes, thus the field can be roughly divided into personal, corporate, and public finance. In a financial system, assets are bought, sold, or traded as financial instruments, such as currencies, loans, bonds, shares, stocks, options, futures, etc. Assets can also be banked, invested, and insured to maximize value and minimize loss. In practice, risks are always present in any financial action and entities. A broad range of subfields within finance exist due to its wide scope. Asset, money, risk and investment management aim to maximize value and minimize volatility. Financial analysis is viability, stability, and profitability assessment ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
HDB Financial Services
HDFC Bank Limited (also known as HDB) is an Indian banking and financial services company headquartered in Mumbai. It is India's largest private sector bank by assets and world's 10th largest bank by market capitalisation . It is the third largest company by market capitalisation of $122.50 billion on the Indian stock exchanges. It is also the fifteenth largest employer in India with nearly 150,000 employees. History HDFC Bank was incorporated in 1994 as a subsidiary of the Housing Development Finance Corporation, with its registered office in Mumbai, Maharashtra, India. Its first corporate office and a full-service branch at Sandoz House, Worli were inaugurated by the then Union Finance Minister, Manmohan Singh. , the bank's distribution network was at 6,378 branches across 3,203 cities. It has installed 430,000 POS terminals and issued 23,570,000 debit cards and 12 million credit cards in FY 2017. It has a base of 1,52,511 permanent employees as of 30 June 2022. P ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
HDFC ERGO General Insurance Company
HDFC ERGO is a 51:49 joint venture firm between HDFC and ERGO International AG, one of the insurance entities of the Munich Re Group in Germany operating in the insurance field under the BFSI sector. The company offers complete range of general insurance products in retail, corporate and rural sectors. The retail sector includes various products like health insurance, vehicle insurance, travel insurance, home insurance, personal accident insurance and cyber insurance. The Corporate sector includes products like liability, marine, and property insurance. Rural sector products include rainfall index insurance, Pradhan Mantri Fasal Bima Yojna and cattle insurance policy. History HDFC Ltd. And ERGO International AG formed a joint venture firm named HDFC ERGO General Insurance Company Limited. ERGO became a 49% stakeholder in the Company in 2015. In June 2019,HDFC announced plans to acquire 51.2 per cent stake in Apollo Munich Health Insurance and later merged it with its gen ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
HDFC Pension
HDFC Life Insurance Company Ltd. ( d/b/a HDFC Life) is a long-term life insurance provider with its headquarters in Mumbai, offering individual and group insurance services and incorporated on 14 August 2000. 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 of 31 March 2020, the promoters; HDFC Ltd. and Standard Life (Mauritius Holdings) 2006 Ltd. hold a 51.69% and 34.75% stake in HDFC Life respectively. The remaining equity is held by public shareholders. Presence and distribution HDFC Life obtained the certificate of commencement of business on 12 October 2000 and a certificate of registration from Insurance Regulatory and Development Authority of India (IRDAI) to undertake the life insurance business on 23 October 2000. HDFC Life has 421 branches and is present in 980+ cities, villages, and towns in India and supported by 16,544 employ ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
HDFC Bank
HDFC Bank Limited (also known as HDB) is an Indian banking and financial services company headquartered in Mumbai. It is India's largest private sector bank by assets and world's 10th largest bank by market capitalisation . It is the third largest company by market capitalisation of $122.50 billion on the Indian stock exchanges. It is also the fifteenth largest employer in India with nearly 150,000 employees. History HDFC Bank was incorporated in 1994 as a subsidiary of the Housing Development Finance Corporation, with its registered office in Mumbai, Maharashtra, India. Its first corporate office and a full-service branch at Sandoz House, Worli were inaugurated by the then Union Finance Minister, Manmohan Singh. , the bank's distribution network was at 6,378 branches across 3,203 cities. It has installed 430,000 POS terminals and issued 23,570,000 debit cards and 12 million credit cards in FY 2017. It has a base of 1,52,511 permanent employees as of 30 June 2022. P ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Vibha Padalkar
Vibha is an Indian feminine given name. The Sanskrit word ' has the meaning of "shining, bright". See also * , for a list of people with the name References {{given name Indian feminine given names ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Reinsurance
Reinsurance is insurance that an insurance company purchases from another insurance company to insulate itself (at least in part) from the risk of a major claims event. With reinsurance, the company passes on ("cedes") some part of its own insurance liabilities to the other insurance company. The company that purchases the reinsurance policy is called a "ceding company" or "cedent" or "cedant" under most arrangements. The company issuing the reinsurance policy is referred to as the "reinsurer". In the classic case, reinsurance allows insurance companies to remain solvent after major claims events, such as major disasters like hurricanes and wildfires. In addition to its basic role in risk management, reinsurance is sometimes used to reduce the ceding company's capital requirements, or for tax mitigation or other purposes. The reinsurer may be either a specialist reinsurance company, which only undertakes reinsurance business, or another insurance company. Insurance companies ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Dubai Financial Services Authority
The Dubai Financial Services Authority (DFSA) is the financial regulatory agency of the special economic zone, the Dubai International Financial Centre (DIFC), In Dubai, United Arab Emirates. It is distinct from the UAE's federal Securities and Commodities Authority, whose jurisdiction covers the wider UAE outside the boundaries of the DIFC. It operates only within the special economic zone and is tasked with providing a regulatory environment of international standards. The DFSA's regulatory mandate includes asset management, banking and credit services, securities, collective investment funds, custody and trust services, commodities futures trading, Islamic finance, insurance, an international equities exchange, and an international commodities derivatives exchange. In addition to regulating financial and ancillary services, the DFSA is responsible for supervising and enforcing anti-money laundering (AML) and counter-terrorist financing (CTF) requirements applicable in the DIFC. ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Khaleej Times
''Khaleej Times'' is a daily English language newspaper published in Dubai, United Arab Emirates. Launched on 16 April 1978, ''Khaleej Times'' is the UAE's longest-running English daily newspaper. History and profile A partnership between the UAE government, the Galadari Brothers and the Dawn Media Group in Pakistan began publishing the daily on 16 April 1978, making it the first English daily in the UAE. The founding team consisted of Mahmoud Haroon, Muzammil Ahmed, M.J. Zahedi, Malcolm Payne (the first editor-in-chief) and Iqbal Noorie (in charge of circulation). They were soon joined by Patrick Heyland who was in charge of advertising and promotion. The editorial staff of the paper includes multiple nationalities, mostly from the Indian subcontinent (India, Pakistan, Bangladesh and Sri Lanka), but also Emiratis, Arabs from the wider region (notably Egyptians, Syrians and Jordanians), Lebanese, Mexicans, British, Americans and Filipinos. The broadsheet comprises the general n ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
