Study of Working Capital Management and Ratio Analysis of Hdfc Life.
General Information
HDFC Life Insurance Company Limited. is one of India's leading private insurance companies, which offers a range of individual and group insurance solutions. It is a joint venture between Housing Development Finance Corporation Limited (HDFC Limited), India's leading housing finance institution and a Group Company of the Standard Life Plc, UK. HDFC Standard Life believes that establishing a strong and ethical foundation is an essential prerequisite for long-term sustainable growth.
HDFC Life’s product portfolio comprises 26 retail and 6 group product’s which meet various customer needs such as Protection, Pension, Savings,Investmentand Health. Customers have added advantages of customizing their plans, by adding optional benefit called riders at nominal price.
History of the Company
The HDFC was established in 1977, for the purpose of providing the home loan for long term.
HDFC is rated as (AAA) by the ICRA.
In the year 2004, it was awarded DREAM HOME AWARD.
It has got 3rd rank in the investment management, in year 2006.
One of the largest financial institution of India with more than 2 million satisfied customer base.
The Standard Life Group was founded in 1825, and is now one of the largest life Insurance companies in the world.
Strong reputation builds over 185 years.
Europe’s largest mutual life insurance company.
Present across UK, Europe, US and Asia with more than 85 offices.
Currently over 5 Million policy holder take benefits from service offered.
Board of Directors
Mr. Deepak S. Parekh is the Chairman of the Company. He is also the Executive Chairman of Housing Development Finance Corporation Limited (HDFC Limited).
Mr. Keki M. Mistry joined the Board of Directors of the Company in December, 2000. He is currently the Managing Director of HDFC Limited. He joined HDFC Limited in 1981
Mr. Alexander M. Crombie joined the Board of Directors of the Company in April, 2002. He has been
HDFC Life Insurance Company Limited. is one of India's leading private insurance companies, which offers a range of individual and group insurance solutions. It is a joint venture between Housing Development Finance Corporation Limited (HDFC Limited), India's leading housing finance institution and a Group Company of the Standard Life Plc, UK. HDFC Standard Life believes that establishing a strong and ethical foundation is an essential prerequisite for long-term sustainable growth.
HDFC Life’s product portfolio comprises 26 retail and 6 group product’s which meet various customer needs such as Protection, Pension, Savings,Investmentand Health. Customers have added advantages of customizing their plans, by adding optional benefit called riders at nominal price.
History of the Company
The HDFC was established in 1977, for the purpose of providing the home loan for long term.
HDFC is rated as (AAA) by the ICRA.
In the year 2004, it was awarded DREAM HOME AWARD.
It has got 3rd rank in the investment management, in year 2006.
One of the largest financial institution of India with more than 2 million satisfied customer base.
The Standard Life Group was founded in 1825, and is now one of the largest life Insurance companies in the world.
Strong reputation builds over 185 years.
Europe’s largest mutual life insurance company.
Present across UK, Europe, US and Asia with more than 85 offices.
Currently over 5 Million policy holder take benefits from service offered.
Board of Directors
Mr. Deepak S. Parekh is the Chairman of the Company. He is also the Executive Chairman of Housing Development Finance Corporation Limited (HDFC Limited).
Mr. Keki M. Mistry joined the Board of Directors of the Company in December, 2000. He is currently the Managing Director of HDFC Limited. He joined HDFC Limited in 1981
Mr. Alexander M. Crombie joined the Board of Directors of the Company in April, 2002. He has been