HDFC International Life and Re

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][2]

HDFC International Life and Re
TypeReinsurance
IndustryReinsurance
Founded2016
HeadquartersDIFC,
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
ParentHDFC Life
Websitewww.hdfclifere.com

It is a wholly owned international subsidiary of HDFC Life and was incorporated in 2016 under the previous Companies Law DIFC Law No. 2 of 2009, registration number 2067.[3][4] HDFC international Life & Re is regulated by 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.[5][6]

Geographical reach

HDFC International Life & Re currently offers reinsurance solutions to life insurers/ cedents in UAE, Oman, Bahrain, Jordan, Egypt and Kuwait.[7]

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.[8]

The CEO of the company is Sameer Yogishwar.[9]

Board of Directors include Vibha Padalkar, Richard Charnock, Yuvraj Narayan, Davinder Rajpal and Suresh Badami.

Associated companies

References
  1. "HDFCLifeRe - HDFC International Life and Re Company Limited". Hdfclifere.com. Retrieved 2019-08-27.
  2. "HDFC Life Launches New Click 2 Protect 3D Plus". Sify. Sify.
  3. "HDFC International Life and Re Company Limited". Dubai International Financial Centre (DIFC). Retrieved 2019-08-27.
  4. "HDFC Life opens office in DIFC". Khaleej Times. Retrieved 2019-08-27.
  5. "UAE: HDFC International Life & Re assigned rating by S&P Global". Middle East Insurance Review. Retrieved 2019-08-27.
  6. "HDFC Life reinsurance subsidiary rated BBB by S&P Global". Moneycontrol.com. Retrieved 2019-08-27.
  7. "HDFCLifeRe - HDFC International Life and Re Company Limited". Hdfclifere.com. Retrieved 2019-08-27.
  8. "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.
  9. Shambler, Thomas. "A better life: HDFC International Life CEO Sameer Yogishwar". ArabianBusiness.com. Retrieved 2019-08-27.
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