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“Variables Affecting Profitability & Growth in Insurance Industry-a Case Study of Hdfc Standard Life Insurance”

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“Variables Affecting Profitability & Growth in Insurance Industry-a Case Study of Hdfc Standard Life Insurance”
AUTHOR: GARIMA SINGH
Research Scholar Singania University
Title of the Research study:

“Variables Affecting Profitability & Growth in Insurance Industry-A case Study of HDFC Standard Life Insurance”

Introduction:
HDFC Standard 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. As on February 28, 2009 HDFC Ltd. holds 72.43% and Standard Life (Mauritius Holding) 2006, Ltd. holds 26.00% of equity in the joint venture, while the rest is held by others.

Vision of HDFC:

'The most successful and admired life insurance company, which means that we are the most trusted company, the easiest to deal with, offer the best value for money, and set the standards in the industry'.

Values of HDFC:

Values that we observe while we work: • Integrity • Innovation • Customer centric • People Care “One for all and all for one” • Team work • Joy and Simplicity

Key Strengths of HDFC:

Financial Expertise

As a joint venture of leading financial services groups, HDFC Standard Life has the financial expertise required to manage your long-term investments safely and efficiently.

Range of Solutions

We have a range of individual and group solutions, which can be easily customized to specific needs. Our group solutions have been designed to offer you complete flexibility combined with a low charging structure.
HDFC Standard Life, one of India's leading private life insurance companies, offers a range of individual and group insurance solutions. It is a joint venture between Housing Development Finance Corporation Limited (HDFC), India's leading housing finance institution and Standard Life plc, the leading provider of financial services in

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