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Press background on IDBI Federal Life Insurance
Company profile
IDBI Federal Life Insurance Co Ltd is a joint-venture of IDBI Bank, India’s premier development and commercial bank, Federal Bank, one of India’s leading private sector banks and Ageas, a multinational insurance giant based out of Europe. In this venture, IDBI Bank owns 48% equity while Federal Bank and Ageas own 26% equity each. Having started in March 2008, in just five months of inception, IDBI Federal became one of the fastest growing new insurance companies by garnering Rs.100 Cr in premiums.
 Recent press releases
IDBI Federal Takes to Sports, Fitness Route for Brand Building

Commits to grass roots development of sport & distance running
Sports initiatives aimed at inspiring positive change and nurturing new talent
 
IDBI Federal Life Insurance, a private life insurer, has taken to sports and fitness as a route to boosting its brand buil... (more)
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IDBI Federal Life Insurance Announces Title Sponsorship of Kolkata Marathon Leander Paes to be Face of the Event

IDBI Federal Life Insurance will be the new Title Sponsor of city’s only full Marathon, the Kolkata Marathon. The 9th edition will take place in the City of Joy on 6th March 2016. Multiple Grand Slam winner and Padma Bhushan Awardee, Leander Paes will be ‘Face o... (more)
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IDBI Federal Launches Wealthsurance Future Star Insurance

A unit-linked plan to match the escalating costs of children’s future goals
Life cover with triple benefits
Options to manage investments to suit your need/ risk appetite                             &... (more)
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IDBI Federal Life Insurance Announces Kochi’s IDBI Federal Life Insurance Spice Coast Marathon 2015

IDBI Federal Life Insurance and Soles of Cochin today announced the launch of IDBI Federal Life Insurance Spice Coast Marathon 2015. The marathon will take place in Kochi on 15th November 2015. The course for the full marathon is certified by USA Track & Field (USATF), which enables q... (more)
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IDBI Federal Q1FY16 Total Premium Growth up by 84% to INR 197 Crores

- Total Premium grew at 84%
- New Business Premium growth of 186%
- Individual New Business Premium growth of 145%
- APE grew at 47%
- AUM growth of 21%
- 13th month persistency of 76%
 
IDBI Federal Lif... (more)
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MCA-IDBI Federal Life Insurance Launch Bowling Foundation

Former Aussie Pacer Jeff Thomson roped in to coach
Budding Indian fast and pace bowlers in Mumbai to benefit                                                   &nb... (more)
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Mr. Vighnesh Shahane, CEO & Whole Time Director, IDBI Federal Life Insurance – Budget Expectation from a Life Insurance Perspective

The Union Budget 2015 would be presented against the backdrop of stable government, settled inflationary pressures and improved investment prospects. While the last year was the first budget announcement, current year's budget would be carefully watched for key policy announcements and governme... (more)
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Budget Expectations from a Life Insurance Perspective by Mr. Vighnesh Shahane, CEO & Whole Time Director, IDBI Federal Life Insurance

The Union Budget 2015 would be presented against the backdrop of stable government, settled inflationary pressures and improved investment prospects. While the last year was the first budget announcement, current year's budget would be carefully watched for key policy announcements and governme... (more)
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IDBI Federal Policy to Cover 100 Yrs of Life

-- A non-linked participating Whole Life Savings Insurance Plan
-- Lump sum payouts to help plan a milestone event
-- Second lump sum payout at 100 years of age
-- Tax benefits
 
IDBI Federal, a pioneer in product innovation, has announced the launch of ... (more)
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