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Dubai: HDFC International Activity and Re Aggregation Limited (HDFC International Activity & Re), a wholly endemic accessory of HDFC Life, is the aboriginal activity re-insurer congenital in Dubai International Banking Centre (DIFC) and adapted by the Dubai Banking Casework Authority (DFSA), to alpha operations out of DIFC. Its business consists of both accord and arbitrary reinsurance arrange affected from ceding companies in the GCC region, apropos to a ample ambit of activity allowance artefact curve accoutrement alone life, accumulation activity and accumulation acclaim life. In a contempo analysis amend by S&P Global, HDFC International Activity & Re has been assigned a abiding insurer banking backbone appraisement of “BBB” with a abiding outlook.
According to S&P Global, “The appraisement reflects our appraisal of the aggregation as a startup reinsurer, admitting one operating in the almost low-risk activity reinsurance space, accurate by acutely able basic capability and abounding liquidity.”
Vibha Padalkar, Chairman of the Board of HDFC International Activity & Re, and Managing Director & CEO of HDFC Life, the ancestor company, said “HDFC International Activity & Re is our aboriginal beyond attack and we abide committed to its connected success. This appraisement reflects our able-bodied basic shield, able clamminess contour and a counterbalanced accident portfolio. HDFC International Activity & Re will abide to advance accoutrement and platforms to abutment our clients.”
Sameer Yogishwar, Chief Executive Officer, HDFC International Activity & Re, commented – “This appraisement appointment by S&P All-around underscores our able action of operating as a active and alcove activity reinsurer in the region. We amount the requirements of our audience and accordingly actualize and action able accident solutions that best accompaniment their operating models and cardinal objectives.”
About HDFC International Activity & Re
HDFC International Activity and Re Aggregation Limited (HDFC International Activity & Re), was congenital in Dubai International Banking Centre (“DIFC”) on January 10, 2016 beneath the DIFC Companies Law No. 2 of 2009 with a allotment cardinal 2067. HDFC International Activity & Re accustomed its authoritative authorization from the Dubai Banking Casework Authority (“DFSA”) able January 31, 2016. The registered paid up basic of HDFC International Activity & Re is USD 29.5 million,
HDFC International Activity & Re, is licensed/regulated by the DFSA to undertake activity reinsurance business in the UAE and accommodate risk-transfer solutions, advisable underwriting solutions and amount added services, amid others, beyond alone life, accumulation activity and accumulation acclaim activity curve of business and currently offers reinsurance accommodation in the Gulf Cooperation Council (“GCC”) region.
For added advice amuse appointment www.hdfclifere.com
About HDFC Life
HDFC Standard Activity Allowance Aggregation Limited (‘HDFC Life’ / ‘Company’) is a collective adventure amid HDFC Ltd., India’s arch apartment accounts academy and Standard Activity Aberdeen, a all-around advance company.
Established in 2000, HDFC Activity is a arch abiding activity allowance solutions provider in India, alms a ambit of alone and accumulation allowance solutions that accommodated assorted chump needs such as Protection, Pension, Savings, Investment, and Health. As on Sep 30, 2018, the Aggregation had 35 alone and 11 accumulation articles in its portfolio, forth with 8 alternative addition benefits, accouterment to a assorted ambit of chump needs.
HDFC Activity continues to account from its added attendance beyond the country accepting a advanced ability with 413 branches and added administration touch-points through several new tie-ups and partnerships absolute 170 bancassurance ally including NBFCs, MFIs, SFBs, etc and 31 partnerships aural non-traditional ecosystems. The Aggregation has a able abject of banking consultants.
For added advice on HDFC Life, amuse appointment its website, www.hdfclife.com. You may additionally affix on Facebook, Twitter, YouTube and LinkedIn.
For added advice / interviews, amuse contact:Mr. Sameer YogishwarCEO, HDFC International Activity & ReTel: 04 3546969
1 Facts That Nobody Told You About United India Insurance Company Logo – united india insurance company logo
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