Insurance News on DLF Pramerica Life Insurance

DLF off loads its entire share in DLF Pramerica Life Insurance Company

01 Aug 2013, 03:14 PM  by   738 Views | Write a Comment »

DLF, a real estate company, which entered into an insurance business in the year 2001, in association with US based Prudential Financial arm, decided to off load its entire share of 74% in DLF Pramerica Life Insurance Company. DLF will sell all 74% of shares to Dewan Housing Finance Limited. Though the amount has not been disclosed, sources estimate the deal to be around Rs. 350 crores.

Company informed the press that they have signed an agreement to sell all its 74% of the shares held. It...  Read More »

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Savings cum protection plan introduced by DLF Pramerica Life Insurance

14 May 2013, 04:50 PM  by   710 Views | Write a Comment »

Private Life Insurance Company DLF Pramerica Life Insurance announced the launch of new long term savings cum protection plan – Sahaj Suraksha. This plan increases the retirement savings of the individuals thereby enabling them to continue with their existing lifestyle as well as meet the rising essential cost.

DLF Pramerica Life Insurance Company is a joint venture between DLF Limited, a leading real estate Company and Prudential International Insurance Holding Ltd., a subsidiary of a US based...  Read More »

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DLF in talks for selling stake in DLF Pramerica

08 May 2012, 08:47 PM  by   1584 Views | Write a Comment »

Logo-DLF-PramericaDLF, the Indian arm of the life insurance company DLF Pramerica is looking to exit the joint venture by selling its stake. Reports are that DLF is in talks to sell a majority stake in its life insurance joint venture to HCL Group for about 5 billion rupees.

The real estate sector has been under tremendous pressure for last couple of years and DLF too is learnt to be starving for working capital and cash. The real estate giant has a debt of over $4.2 billion. DLF plans to pay off a huge chunk...  Read More »

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DLF Pramerica Life plans to tap the child insurance segment

13 Dec 2011, 11:45 AM  by   2125 Views | 1 Comments »

DLF Pramerica Life Insurance Company (DPLI), a joint venture betweeDLF Pramerica Life Insurance logon DLF Limited and Prudential International Insurance Holdings a subsidiary of US based Prudential Financial, plans to tap the child insurance segment in the country.

To achieve this, the company will focus on its school education protection plan – Shiksha Uday. Shiskha Uday was first launched in Delhi NCR as a pilot plan in January. DPLI will now extend it to other cities as well in a phased manner.

Sujata Dutta, Executive...  Read More »

Posted in DLF Pramerica Life Insurance Child Plans

DLF Pramerica Life looking for new avenues

29 Aug 2011, 01:54 PM  by   1991 Views | 1 Comments »

DLF Pramerica Life Insurance Company, a joint venture between DLF Limited and PrudentialDLF Pramerica Life Insurance Company logo International Insurance Holdings, Ltd. (PIIH), is looking for equity partners to increase its market share. Apart from forging bancassurance partnerships, the insurer is looking for a national bank as an equity partner.
 

Earlier this month, DLF Pramerica Life Insurance Company Managing Director & CEO, Pavan Dhamija, signed an MoU with Shri. Ramakant D. Khalap, Chairman of Mapusa Bank for a distribution...  Read More »

Posted in DLF Pramerica Life Insurance Life Insurance

DLF Pramerica Life Insurance to expand its presence in Goa

05 Aug 2011, 07:14 PM  by   1777 Views | Write a Comment »

DLF Pramerica Life Insurance Co. Ltd. (DPLI) has signed a Memorandum of Understanding (MoU) with Mapusa Urban Cooperative Bank (Mapusa UCB), Goa for a corporate agency partnership.
 

DLF Pramerica Life Insurance Co. Ltd. is a joint venture between DLF Limited, a leading real estate development company in India, and Prudential International Insurance Holdings, Ltd. (PIIH), a fully owned subsidiary of Prudential Financial, Inc. (PFI), a financial services leader headquartered in the U.S.
 

The...  Read More »

Posted in DLF Pramerica Life Insurance Life Insurance

DLF Pramerica Life Insurance may sell stakes to HCL

14 Jul 2011, 09:38 AM  by   2025 Views | Write a Comment »

According to media reports, HCL group is in discussions with DLF, a major player in the real estate sector, to buy substantial stakes in DLF Pramerica Life Insurance Company Ltd.

Although both the companies have not confirmed the reports, media reports state that both the companies are in the advanced stages of negotiations.

DLF Pramerica Life Insurance logoDLF Pramerica Life Insurance Company Limited is a joint venture between DLF Limited which is India’s largest real estate organizations, and Prudential International...  Read More »

Posted in DLF Pramerica Life Insurance Term Plan

DLF Pramerica Life Insurance recognized as one of the Best Companies to Work For

08 Jul 2011, 12:19 PM  by   3303 Views | 1 Comments »

DLF Pramerica Life Insurance Company (DPLI) has been recognized as onDLF Pramerica Life Insurance Company logoe of “India’s Best Companies to Work For - 2011”. The survey was conducted by The Great Place to Work® Institute, India with its media partner The Economic Times. The study is into its 8th year in India.


DPLI started its operations in India in 2008 and is jointly promoted by DLF Limited and Prudential International Insurance Holdings Ltd. The insurance company has a network of 40 branch offices and 64 branch units across...  Read More »

Posted in DLF Pramerica Life Insurance Life Insurance

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