Exide Life Insurance Company

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About Exide Life Insurance Company

ING Vysya N.V. has exited the Insurance business from Asia Pacific due to their Global Restructuring activity and hence has sold off their stake in ING Vysya Life Insurance to Exide Industries Limited in March 2013. The entire takeover has been recently effective and now ING Vysya Life Insurance Company Limited will be referred to as Exide Life Insurance Company Limited.

Exide Industries had 50% of the stake from 2005 and now in March 2013 Exide bags 100% stake in that organization. Hence the name change followed suit.

Exide Industries have been a pioneer in electric storage batteries with a very strong market capitalization of INR 10,000 crores and a strong market share in its space. It is more than a 100 years old organization which built its repute and brand equity based on customer trust and is a pure network driven robust organization.

Exide Life Insurance is a fast growing profitable organization, headquartered at Bangalore and is a prominent player in South India.

Leadership

Kshitij Jain is the Managing Director & Chief Executive Officer of Exide Life Insurance Company.

Contact Details

Corporate Office
ING Vysya House, 5th Floor,
#22, M.G. Road,
Bangalore- 560001, India.

1800 419 8228
+91 80 4134 5444

www.exidelife.in
customer.service@exidelife.in

Claims ratio of Exide Life Insurance Company

Year 2004 - 052005 - 062006 - 072007 - 082008 - 092009 - 102010 - 112011 - 122012 - 132013 - 14
Claims ratio --56.0655.8477.4889.3090.4988.8283.94Yet to be
published

News on Exide Life Insurance Company

Guaranteed tax free return plan launched b...

ING Vysya Life Insurance Company has announced the launch of a simple and an attractive Guaranteed Income Insurance Plan for its customers. This plan, which complies with the new regulations formed by market regulator In...

Sep 23, 2013 832 views

ING sells their stake in ING Vysya Life Insurance to Exide

As a part of the disinvestment towards sale of all of its Asian insurance and investment management operations, Dutch banking and insur...

Feb 03, 2013 962 views

Manulife to purchase 26 percent share capital in ING

While New York Life and ING have exited Indian insurance business, Manulife, a Canada based insurance company is looking into venturing...

Aug 26, 2013 712 views

ING may exit the Indian insurance market

ING, which holds a 26% stake in the Indian joint venture, ING Life Insurance Company, may exit the insurance business. ING which is of Dutch origin, is considered to be one of the largest banking/financial services &...

Jun 28, 2012 1,555 views

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