We are a wholly owned subsidiary of HDFC Life, one of India’s leading Life Insurance companies and are based in the Dubai International Financial Centre.
In a short span of time, HDFC International Life and Re Company Limited has already grown significantly to offer reinsurance capacity to life insurance companies in the UAE, Bahrain, Oman and Jordan and is now in the process of expanding into other jurisdictions globally
Our strength lies in forming lasting relationships with a customer centric approach that offer superior technical know-how and expertise. In order to ensure YOUR success in the insurance business, we believe in establishing a comprehensive alliance and becoming your reinsurance partner of choice. Our business approach is designed to increase your ease of doing business and strengthen the services you offer to your clients.
HDFC International Life and Re was incorporated in Dubai in 2016 under the Dubai International Finance Centre (“DIFC”) Companies Law No. 2 of 2009 under registration number 2067 and is regulated by the DFSA.
“Securing aspirations, through customer focused, technology driven and globally trusted life (re)insurance solutions”
HDFC Life and Re is the first Indian Life Reinsurance company to set foot outside India. Established in DIFC,
read moreHDFC Life Insurance Company Limited (formerly HDFC Standard Life Insurance Company Limited) is a joint venture between HDFC Limited, India’s leading housing finance institution and Abrdn Plc, a global investment company.
The setting up of HDFC International Life and Re Company Limited is an exciting and proud event for all of us in the HDFC family, as it is the first wholly owned international subsidiary of the HDFC Life Group.
We are also delighted that one of the largest and most respected life insurer in the UAE has reposed its confidence and trust in our reinsurance foray and has commenced ceding a component of its life risk premiums to us. In this respect, the treaties that we have signed with them were a significant and proud milestone for the team.
The Company primarily intends to draw upon and leverage the underwriting expertise, risk management knowledge and technological innovations that have been the hallmark of its parent, over more than a decade and a half.
I have no doubt that passion for the customer, speed & efficiency at work and a core set of values that will bind all of these together will continue to represent the newest company of the HDFC Life Group.
Mr. Suresh Badami is the Chief Distribution Officer at HDFC Life.
Mr. Badami joined HDFC Life in October 2013 with a rich experience of 21 years across various industries and over a decade’s experience in retail banking across branch banking, wealth management, credit cards and payment solutions. Prior to joining HDFC Life he was with ICICI Bank’s retail division. Before that he has worked with organizations like ICI India Ltd. and Dunlop.
Mr. Badami is a science graduate from Bangalore and holds a post graduate degree in management with majors in Marketing & Finance from XIM -Bhubaneswar.
In 1998, Mr. Sameer Yogishwar started his professional career with India’s largest mortgage finance company, HDFC (Housing Development Finance Corporation) Limited, one of the Founder Shareholders of HDFC Life, as a Management Trainee. In his 16-year stint with HDFC Life, Mr. Yogishwar was involved across multiple functions including process, operations, learning & development, agency sales, bancassurance, strategic alliances and international business. Within HDFC Life, he has essayed multiple senior leadership roles, having headed the zonal business functions in large geographies of the country, apart from spending a significant part of his career in building up and managing the organization’s 500 strong branch operations network in India.
Mr. Yogishwar has traversed critical junctures in the last 19 years to become the first CEO of HDFC International Life and Re in January 2016. He was instrumental in obtaining the license and incorporating the Company in the DIFC.
Mr. Yogishwar also serves on the Board of Directors of the DIFC Insurance Association NPIO.
Mr. Yogishwar holds a Bachelor degree in Economics and a Masters in Management Studies (Finance), both from Mumbai University.
Mr. Amit Punchhi has been associated with HDFC Life since October 2017. Mr.Punchhi is responsible for reinsurance strategy and the international business of HDFC Life, which includes overall management of HDFC International Life and Re.
Prior to joining HDFC Life, Mr. Punchhi was based in Hong Kong as Chief Executive Officer, Reinsurance Group of America (RGA). Additionally, he was also Managing Director of Singapore, India and the Asia High Net-Worth business.
Mr. Punchhi has 27 years of experience in Reinsurance, Insurance and Investments in both North America and Asia. He serves on the Board of Directors of the Pacific Insurance Conference, Asia’s leading conference for the insurance and reinsurance industries. He has also served on the Board of Terry Fox Run in Mumbai as well as on the Advisory Boards of the American School of Bombay and the Chinese University of Hong Kong.
Mr. Punchhi holds a Bachelor’s degree in Engineering from Punjab Engineering College, Chandigarh and a Master’s degree in Business Administration from the University of Windsor, Canada