ADITYA BIRLA
GROUP
PRESENTED BY
SMRITI DUREHA
SIMS COLLEGE
08/04/2020 1
• A legal agreement between insurance company (insurer) and the individual (insured).
• A promise to make good the losses of the insured if the insured contingency occurs.
• A premium is paid in return for the promise made by the insurer.
• World’s 11th-largest life insurance market
• 1st Indian insurer - Bombay Mutual Life Assurance Society
• Types – Life, Health, Education, Car, Home
• Regulator - IRDAI
• 57 insurance companies in India
Insurance • 24 – life insurance business
• 33 – nonlife insurance business
industry •
•
Sole public sector company - Life Insurance Corporation (LIC)
Sole national re-insurer - General Insurance Corporation of India
• Government initiatives – PM Jeevan Jyoti Beema Yojna, Atal
Pension Plan, PM Swasthya Bima Yojna
• Gross premiums written - Rs 5,78,000 crore (FY19)
• Rs 4,08,000 - life insurance
• Rs 1,69,000 crore - non-life insurance.
• Expected market size in FY2020 - Rs 19,56,920 crore
• Contribution to GDP - 3.69%
08/04/2020 2
• Death claims pertaining to COVID-19
shall be processed.
• Clause of ‘Force Majeure’ wouldn’t
apply
Latest Updates • Under lockdown, premium collections
likely to suffer.
• Life Insurance to face death claim
challenge
08/04/2020 3
ADITYA BIRLA GROUP
• Founded by Seth shiv Narayan in 1857
• Indian multinational conglomerate company
• A private company
• Headquartered in Worli, Mumbai
• A workforce of 120,000 employees
• Operates in 34 countries across 5 continents
• Chairman – Kumar Mangalam Birla
• Ranked No. 4 in the Global “Top Companies for
Leaders” survey
• Ranked No. 1 in Asia Pacific for 2011
08/04/2020 4
• Business Sectors –
• Aluminium (Hindalco, Novelis)
• Copper (Birla Copper)
Sectoral Distribution • Cement - Ultratech
•Cement & cement products – • Telecom Vodafone Idea limited
70.58% • Financial services Aditya Birla Capital ltd.
•Consumer Goods – 6.68% • Textiles Grasim
•Metals – 12.14% • Fashion and retail - Aditya Birla Fashion and retail (ABFRL)
•Financial Services – 5.57% • Mining - Aditya Birla natural resources / Essel mining
•Telecom - 5.03%
• Birla carbon
• Aditya Birla chemicals
• Latest Updates
• Donated Rs 500 crore towards the the PM-Cares fund
• Created a corona helpline number
08/04/2020 5
• CEO – Ajay Srinivasan
• Founded - !5 October 2007
• ₹3,00,000 Crore of assets under management
• lending book of ₹63,119 Crore
• YOY Revenue growth of 29% to ₹16,570 Crore in FY 19
• Consolidated net profit after tax (after minority) grew by 26% to ₹871 Crore
• HDFC Bank partnership for our life and health insurance businesses
ADITYA BIRLA •
•
Tie up with Axis Bank for our health insurance business
Business Solution Under ABC
CAPITAL
• ADITYA BIRLA SUNLIFE INSURANCE COMPANY LIMITED (LIFE
INSURANCE)
• ADITYA BIRLA HOUSING FINANCE LIMITED (HOUSING FINANCE)
LIMITED •
•
•
ADITYA BIRLA FINANCE LIMITED (NBFC)
ADITYA BIRLA SUN LIFE AMC LIMITED (AMC)
ADITYA BIRLA HEALTH INSURANCE CO. LIMITED (HEALTH
INSURANCE)
• ADITYA BIRLA INSURANCE BROKERS LIMITED (GENERAL
INSURANCE BROKING)
• ADITYA BIRLA MONEY LIMITED (STOCK and SECURITIES)
08/04/2020 6
ADITYA BIRLA CAPITAL
LIMITED Products and
services offered
• Awards Protecting Investing Financing
solutions Solutions solutions
• Asia’s Banking, Financial Services & Insurance Excellence Awards,
Singapore
Life
Best Health Insurance Company of the Year - 2018 Mutual funds Home
insurance
• ASSOCHAM India - Health Insurance Congress 2018 & Service
Providers Awards 2018
Star Performer Outreach Award to ABHICL’s Health Stock and
Personal
‘Care Managers’ insurance securities
• Best Practice Award for a unique customer value proposition
Motor Wealth
SME
• Strong credit rating for lending business insurance management
• AAA – ICRA Travel Portfolio
Loan against
Management
• AAA – CARE insurance Services
Securities
• AAA - INDIA RATING RATINGS AND RESEARCH
Pension Mortgage
Funds Finance
Real Estate
08/04/2020 investments 7
• Founded on August 4th, 2000.
• A joint venture between Aditya Birla group and
Sun life insurance
• Holding percentage
• ABG – 51%
• SLI – 49%
Aditya Birla Sun • Nation-wide distribution presence through 397
branches
Life Insurance • 13,000 employees
• 17 lac active customers
• Awards –
• insurance India Summit & Awards 2018, 3rd
edition (Best Fraud Intelligence Company of
the Year)
08/04/2020 8
Aditya Birla Sun Life Insurance
Market share of 4.2 % Rank in the sector – 7 Insurance Plans Competitors
Term insurance plans • HDFC Life Insurance Co.
Wealth protection Ltd
Child plan • Max Life Insurance Co.
Health plan Ltd.
• CICI Prudential Life
Retirement plan
Insurance Co. Ltd,
08/04/2020 9
