HDFC Standard Life Insurance Company is a joint venture between Standard Life Aberdeen plc and Housing Development Finance Corporation Limited, one of India's leading housing finance institutions. The company was formed in 2000 and in today's time, it is one of India's leading life insurers.
As on June 30, 2017, the Company offered 31 individual and 10 group products, along with 8 optional rider benefits catering to varied customer needs.
HDFC Life has 414 branches and spokes, and over 11,200 branches across India as on June 30, 2017. The Company has two wholly owned subsidiaries namely HDFC Pension Management Company Limited and HDFC International Life and Re Company Limited.
In 2012, the company turned profitable and registered a profit of Rs 2,710 million and the total premium for the year crossed Rs. 100,000 million.
The banking firm is the first private life insurer to obtain registration from the Insurance Regulatory and Development Authority of India (IRDAI). In 2017, the company's Assets Under Management (AUM) crossed Rs 900,000 million.
In India, HDFC Standard Life is listed on National Stock Exchange and Bombay Stock Exchange.
Source : https://timesofindia.indiatimes.com/business/india-business/hdfc-standard-life-daily-share-price/articleshow/62520998.cms