Mba summer project on hdfc standerd life insurance

MBA Summer Project on HDFC Standerd Life Insurance

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COMPANY
http://www.scribd.com/doc/20995645/MBA-Summer-Project-on-HDFC-Standerd-Life-Insurance[10/23/2012 10:41:55 AM]


COMPANY
PROFILE OF
HDFC
STANDARDDream
Presented the
LIFEINSURANCE
Homeâ award for the
COMPANY finance
best housing LTD
ABOUT HDFC at
provider in2004
STANDARD LIFE
the third Annual
INSURANCE
Outlook Money


HDFC Standard
Awards.
HISTORY
Life Insurance
Standard Life Group
HDFC Standardisand
CompanyLife plcLife
(Standard Ltd.
Insurance Co. Ltd
one of India's
its subsidiaries)
was incorporated on
leading
Standard Life Group
14th august 2000. It
privateinsurance
(Standardventure and
is a joint Life plc
companies, which
its subsidiaries) of
offers a Housing
between range
Development
individual and
The Standard Life
Finance Corporation
group


group has been
Limited (HDFCLtd.)
insurancesolutions. It
looking after the
India and UK based
is a joint venture
financial needs
Standard Life
between Housing
of customers for
Development the
Company. Both
over 180 years
joint venture
Finance
partners being one of
CorporationLimited
It currently has a
the leaders in their
(HDFC Ltd.), of
customer base
respective areas came
India's 7 million
around leading
housing in this on
together finance
people who rely


81.4:18.6 and a
institution for their
thecompany
jointVenture to form
GroupCompany of
insurance, pension,
HDFC standard life
the Standard Life,
investment, banking
insurance company
UK. health-careneeds
and HDFC as on
limited.The MD and
December 31, 2007
Its investment
CEO of HDFC cent
holds 72.38 per
Standard currently
manager Life joint
of equity in theMr.
administers Â£125
Deepak Satwalekar,
venture.
has givenassets
billion in
HDFC STANDARD
LIFE INSURANCE
thecompany new


It is a leading
PARENTAGE has
directions and
pensions provider in
HDFC Limited.
helped the company
the UK, and is rated
achieveis India
HDFC the status it
by Standard &
currentlyenjoys.
leading housing with
Poor'sas 'strong'
HDFC Standard Life
finance institution as
a rating of A+ and
brings tohelped whole
and has you a build
'good' with a rating of
range of insurance
morethan 23, 00,000
A1 by Moody's
solutions be itgroup
houses since its
or individual or NAV
incorporation in
Standard Life was


services for
1977. the 'Best
awarded
corporations, they
Pension Provider' in
can be easily
In Financial Year
2004, 2005 and
customizedas per
2003-04 its assets
2006at the Money
specific needs.HDFC
under management
Marketing Awards,
Standard Life
crossed Rs. 36,000
and it was India a 5
Insurance
Cr. voted
star life and
boasts of covering
As at March 31, lives
pensions provider at
around 8.7 lakh
2004, outstanding
the Financial The
byMarch'2007.


deposits stood at Rs.
Adviser Service
gross incomes
7,840 crores.the last
Awards fora
standing at
Thedepositor base856
10 yearsrunning.
whopping Rs. 2,
now stands at around
The '5 Star'
crores,
1 million depositors.
accolade has also
HDFCStandard Life
been awarded to
Insurance
Standard is
Rated AAA bysure to
Corporation
CRISIL one of thefor
LifeInvestments for
become and ICRA
the 10thand the
last consecutive
leaders 10 years,
year to Standard
and


firstPreference for
Lifelife insurance
any Bank since
Stable and in
itsinception
customer.The
experienced
1998. Standard Life
Bancassurance
management
Bank was awarded
partners of HDFC
the 'Best Life
Standard
High service
FlexibleMortgage are
Insurance Co Ltd
standards
Lender' at the Bank
HDFC,HDFC
Mortgage Magazine
Awarded The Union
India Limited,
Awards India, Indian
in 2006
Economic Times
Bank of


Downloaded from
Corporate Citizen of
Bank, Bank of
a2zmba.blogspo
the year Award Bank
Baroda,Sarawat for
itslong-standing
t.com Capital.The
and Bajaj
commitment to
premium payment
community
options available to
development. vary
the customers
Downloaded from
from online
a2zmba.blogspo desk
paymentto direct
t.com
payments at the


HDFC Standard Life
Branches, by courier
services or
Downloaded from
a2zmba.blogspo
t.com



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