India's 1st IRDAI Approved Insurance Web Aggregator
Star Union Dai-ichi Life Insurance Company is a joint venture between Bank of India (51%), Union Bank of India (23%) and Dai-ichi Mutual Life Insurance Company (26%).
Bank of India and Union Bank having a strong nationwide network across India, provides distribution outlets with a wide reach to more than 48 million strong banking customer base for cross selling of insurance products and has a strong brand equity along with a high level of trust among their customers and people at large. Dai-ichi Life, a leading player in the Life Insurance Segment in Japan, is one of the top ten Life Insurers in the world and the second largest Life Insurance Company in Japan and has more than a century of experience in Life Insurance business.
Girish Kulkarni is MD and CEO of Star Union Daiichi Life Insurance Company.
| Year | 2014-15 | 2015-16 | 2016-17 | 2017-18 | 2018-19 | 2019-20 | 2020-21 | 2021-22 | 2022-23 |
|---|---|---|---|---|---|---|---|---|---|
| Claims ratio | 94.08 | 80.73 | 84.05 | 92.26 | 96.74 | - | - | - | Yet to be published |
| Year | 2014-15 | 2015-16 | 2016-17 | 2017-18 | 2018-19 | 2019-20 | 2020-21 | 2021-22 | 2022-23 |
|---|---|---|---|---|---|---|---|---|---|
| Market share | 0.6 | 0.5 | 0.4 | 0.4 | 0.32 | - | - | - | Yet to be published |
