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HDFC Life is a joint venture between HDFC and Abrdn, offering individual and group insurance services in India since 2000. It is the fourth largest life insurance company in India by premium earned and has a multi-channel distribution network, a reinsurance subsidiary and a pension fund business.
HDFC was a private sector company that provided housing finance, banking, insurance, asset management and other services in India and abroad. It merged with HDFC Bank in 2023 to expand its portfolio and customer base.
HDFC Bank is India's largest private sector bank by assets and the world's tenth-largest bank by market capitalization as of May 2024. It offers a range of products and services, including consumer banking, commercial banking, insurance, investment banking, and wealth management.
Exide Life Insurance was an Indian life insurance company that merged with HDFC Life in 2022. It was formerly ING Vysya Life Insurance, a joint venture between ING and Exide Industries, and had over 1.5 million customers and INR 18,000 crores in assets.
HDFC ERGO is a joint venture between HDFC and ERGO International AG, offering various insurance products for retail, corporate and rural sectors. It merged with Apollo Munich Health Insurance in 2020 and uses AI and digital technologies to improve customer experience.
Deepak Parekh is an Indian businessman and former chairman of HDFC, India's leading housing finance institution. He has won several awards, including Padma Bhushan and the ICAEW Outstanding Achievement Award, and is on the board of several companies and committees.
SBI Life is an Indian life insurance company jointly owned by State Bank of India and BNP Paribas Cardif. It offers various products in individual and group categories and has a strong presence across the country.
Tata AIA Life is an Indian joint venture life insurance company formed by Tata Sons and AIA Group. It offers a range of products such as term life insurance, ULIP, pension plan, and casualty insurance.