HDFC International Life and Re: Difference between revisions
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'''HDFC International Life and Re''' Company Limited (“HDFC International Life & Re”) is a life reinsurance company based in the Dubai International Financial Centre (“[[Dubai International Financial Centre|DIFC]]”), [[United Arab Emirates|UAE]]. |
'''HDFC International Life and Re''' Company Limited (“HDFC International Life & Re”) is a life reinsurance company based in the Dubai International Financial Centre (“[[Dubai International Financial Centre|DIFC]]”), [[United Arab Emirates|UAE]].<ref name=":0">{{Cite web|url=http://www.hdfclifere.com/|title=HDFCLifeRe - HDFC International Life and Re Company Limited|website=www.hdfclifere.com|access-date=2019-08-27}}</ref> |
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It is a wholly owned international subsidiary of HDFC Life Insurance Company Limited (“[[HDFC Life]]”), India and was incorporated in 2016 under the previous Companies Law DIFC Law No. 2 of 2009, registration number 2067. HDFC international Life & Re is regulated by the Dubai Financial Services Authority (‘[[Dubai Financial Services Authority|DFSA]]”). |
It is a wholly owned international subsidiary of HDFC Life Insurance Company Limited (“[[HDFC Life]]”), India and was incorporated in 2016 under the previous Companies Law DIFC Law No. 2 of 2009, registration number 2067. <ref>{{Cite web|url=https://www.difc.ae/public-register/hdfc-international-life-and-re-company/|title=HDFC International Life and Re Company Limited|last=Dubai|first=TenTwenty {{!}} Webdesign, Webshops & E.-marketing {{!}}|website=Dubai International Financial Centre (DIFC)|language=en-us|access-date=2019-08-27}}</ref><ref>{{Cite web|url=https://www.khaleejtimes.com/business/local/hdfc-life-opens-office-in-difc|title=HDFC Life opens office in DIFC|last=Report|first=Staff|website=Khaleej Times|access-date=2019-08-27}}</ref>HDFC international Life & Re is regulated by the Dubai Financial Services Authority (‘[[Dubai Financial Services Authority|DFSA]]”).<ref name=":0" /> |
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The company was assigned a long-term insurer financial strength rating of ‘BBB’, stable outlook by [[S&P Global]] in December 2018.<ref>{{Cite web|url=https://www.meinsurancereview.com/News/View-NewsLetter-Article?id=45211&Type=MiddleEast|title=UAE: HDFC International Life & Re assigned rating by S&P Global|last=Review|first=Middle East Insurance|website=Middle East Insurance Review|language=en-US|access-date=2019-08-27}}</ref><ref>{{Cite web|url=https://www.moneycontrol.com/news/business/companies/hdfc-life-reinsurance-subsidiary-rated-bbb-by-sp-global-3299141.html|title=HDFC Life reinsurance subsidiary rated BBB by S&P Global|website=Moneycontrol|access-date=2019-08-27}}</ref> |
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The company was assigned a long-term insurer financial strength rating of ‘BBB’, stable outlook by [[S&P Global]] in December 2018. |
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== Geographical Reach == |
== Geographical Reach == |
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HDFC International Life & Re currently offers reinsurance solutions to life insurers/ cedents in [[United Arab Emirates|UAE]], [[Oman]] and [[Bahrain]], [[Jordan]] and [[Egypt]]. |
HDFC International Life & Re currently offers reinsurance solutions to life insurers/ cedents in [[United Arab Emirates|UAE]], [[Oman]] and [[Bahrain]], [[Jordan]] and [[Egypt]].<ref>{{Cite web|url=https://www.hdfclifere.com/our_reach.html|title=HDFCLifeRe - HDFC International Life and Re Company Limited|website=www.hdfclifere.com|access-date=2019-08-27}}</ref> |
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== Services == |
== Services == |
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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. |
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.<ref name=":0" /> |
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== Key people == |
== Key people == |
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Vibha Padalkar is the chairperson of HDFC International Life & Re.<ref>{{Cite web|url=https://www.difc.ae/newsroom/news/hdfc-international-life-re-subsidiary-hdfc-life-assigned-bbb-rating-stable-outlook-sp-global/|title=HDFC International Life & Re, a subsidiary of HDFC Life, assigned “BBB” rating with stable outlook, by S&P Global|last=Dubai|first=TenTwenty {{!}} Webdesign, Webshops & E.-marketing {{!}}|website=Dubai International Financial Centre (DIFC)|language=en-us|access-date=2019-08-27}}</ref> |
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Vibha Padalkar is the chairperson of HDFC International Life & Re. |
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The CEO of the company is Sameer Yogishwar.<ref>{{Cite web|url=https://www.arabianbusiness.com/content/376425-for-ceo-better-life-hdfc-life-ceo-sameer-yogishwar|title=A better life: HDFC International Life CEO Sameer Yogishwar|last=Shambler|first=Thomas|website=ArabianBusiness.com|language=en|access-date=2019-08-27}}</ref> |
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The CEO of the company is Sameer Yogishwar. |
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Board of Directors include Vibha Padalkar, Richard Charnock, Yuvraj Narayan, Davinder Rajpal and Suresh Badami. |
Board of Directors include Vibha Padalkar, Richard Charnock, Yuvraj Narayan, Davinder Rajpal and Suresh Badami. |
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* HDFC Property Fund http://www.hdfcpropertyfund.com/ |
* HDFC Property Fund http://www.hdfcpropertyfund.com/ |
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* [[Credila]] http://www.hdfccredila.com/ |
* [[Credila]] http://www.hdfccredila.com/ |
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* HDFC Sales https://www.hdfcsales.com/ |
* HDFC Sales https://www.hdfcsales.com/<ref name=":0" /> |
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== References == |
== References == |
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{{Uncategorized|date=August 2019}} |
{{Uncategorized|date=August 2019}} |
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[[Category:Reinsurance companies]] |
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[[Category:Global life reinsurance solutions]] |
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[[Category:MENA]] |
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[[Category:GCC]] |
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Revision as of 07:06, 27 August 2019
 | This article includes a list of references, related reading, or external links, but its sources remain unclear because it lacks inline citations. (August 2019) |
 | |
| Company type | Reinsurance |
|---|---|
| Industry | Reinsurance |
| Founded | 2016 |
| Headquarters | DIFC, Dubai , United Arab Emirates |
Key people | Vibha Padalkar (Chairperson) Sameer Yogishwar (CEO) Board of Directors: Vibha Padalkar Richard Charnock Yuvraj Narayan Davinder Rajpal Suresh Badami |
| Parent | HDFC Life |
| Website | www |
HDFC International Life and Re Company Limited (“HDFC International Life & Re”) is a life reinsurance company based in the Dubai International Financial Centre (“DIFC”), UAE.[1]
It is a wholly owned international subsidiary of HDFC Life Insurance Company Limited (“HDFC Life”), India and was incorporated in 2016 under the previous Companies Law DIFC Law No. 2 of 2009, registration number 2067. [2][3]HDFC international Life & Re is regulated by the Dubai Financial Services Authority (‘DFSA”).[1]
The company was assigned a long-term insurer financial strength rating of ‘BBB’, stable outlook by S&P Global in December 2018.[4][5]
Geographical Reach
HDFC International Life & Re currently offers reinsurance solutions to life insurers/ cedents in UAE, Oman and Bahrain, Jordan and Egypt.[6]
Services
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]
Key people
Vibha Padalkar is the chairperson of HDFC International Life & Re.[7]
The CEO of the company is Sameer Yogishwar.[8]
Board of Directors include Vibha Padalkar, Richard Charnock, Yuvraj Narayan, Davinder Rajpal and Suresh Badami.
Associated Companies
- HDFC Life https://www.hdfclife.com/
- HDFC Health https://www.hdfchealth.com/
- HDFC Ltd https://www.hdfc.com/
- HDFC Bank https://www.hdfcbank.com/
- HDFC Securities https://www.hdfcsec.com/
- HDFC Mutual Fund https://www.hdfcfund.com/
- HDFC Pension https://www.hdfcpension.com/
- HDFC ERGO General Insurance https://www.hdfcergo.com/
- HDB financial services https://www.hdbfs.com/
- HDFC Realty http://hdfcrealty.com/
- HDFC Property Fund http://www.hdfcpropertyfund.com/
- Credila http://www.hdfccredila.com/
- HDFC Sales https://www.hdfcsales.com/[1]
References
- https://www.difc.ae/public-register/hdfc-international-life-and-re-company/
- https://www.khaleejtimes.com/business/local/hdfc-life-opens-office-in-difc
- https://www.difc.ae/newsroom/news/hdfc-international-life-re-subsidiary-hdfc-life-assigned-bbb-rating-stable-outlook-sp-global/
- https://premium-me.com/while-the-timing-is-right/
- https://www.arabianbusiness.com/content/376425-for-ceo-better-life-hdfc-life-ceo-sameer-yogishwar
- https://www.meinsurancereview.com/Magazine/ReadMagazineArticle/aid/40662/HDFC-International-Innovation-torchbearer
- https://www.moneycontrol.com/news/business/companies/hdfc-life-reinsurance-subsidiary-rated-bbb-by-sp-global-3299141.html
- https://www.apnnews.com/hdfc-international-life-re-a-subsidiary-of-hdfc-life-assigned-bbb-rating-with-stable-outlook-by-sp-global/
- https://www.zawya.com/mena/en/press-releases/story/HDFC_International_Life__Re_a_subsidiary_of_HDFC_Life_assigned_BBB_rating_with_stable_outlook_by_SP_Global-ZAWYA20181218070647/
 | This article has not been added to any content categories. Please help out by adding categories to it so that it can be listed with similar articles. (August 2019) |
- ^ a b c d "HDFCLifeRe - HDFC International Life and Re Company Limited". www.hdfclifere.com. Retrieved 2019-08-27.
- ^ Dubai, TenTwenty | Webdesign, Webshops & E.-marketing |. "HDFC International Life and Re Company Limited". Dubai International Financial Centre (DIFC). Retrieved 2019-08-27.
{{cite web}}: CS1 maint: multiple names: authors list (link) - ^ Report, Staff. "HDFC Life opens office in DIFC". Khaleej Times. Retrieved 2019-08-27.
- ^ Review, Middle East Insurance. "UAE: HDFC International Life & Re assigned rating by S&P Global". Middle East Insurance Review. Retrieved 2019-08-27.
- ^ "HDFC Life reinsurance subsidiary rated BBB by S&P Global". Moneycontrol. Retrieved 2019-08-27.
- ^ "HDFCLifeRe - HDFC International Life and Re Company Limited". www.hdfclifere.com. Retrieved 2019-08-27.
- ^ Dubai, TenTwenty | Webdesign, Webshops & E.-marketing |. "HDFC International Life & Re, a subsidiary of HDFC Life, assigned "BBB" rating with stable outlook, by S&P Global". Dubai International Financial Centre (DIFC). Retrieved 2019-08-27.
{{cite web}}: CS1 maint: multiple names: authors list (link) - ^ Shambler, Thomas. "A better life: HDFC International Life CEO Sameer Yogishwar". ArabianBusiness.com. Retrieved 2019-08-27.