Life Insurance

Exide Life

Exide Life Insurance Company Ltd., is a 100% Indian owned life insurance company, owned by Exide Industries. They distributes their products through multi channels viz. Agency, Banc assurance, Corporate Agency & Broking as well as Direct Channels. Exide Industries acquired 50% stakes of ING Vysya Life Insurance in 2005. After ING exited from Indian in 2013, Exide Industries acquired the remaining 50% of the equity capital of ING Vysya Life Insurance, thus becoming 100% stake holder. In May 2014, following the approvals from IRDA and the Ministry of Corporate Affairs, the name of ING Vysya Life Insurance Company Limited was changed to Exide Life Insurance Company Ltd with immediate effect.

 
865.20Cr
Premium collected last year
0.49 %
Market share
92.32 %
Claims settlement ratio
 

Insurance Offering

 
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