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HDFC ERGO General Insurance Company Limited
Company type
Joint venture
Industry
Financial services
Headquarters
Mumbai, Maharashtra, India
Key people
Ritesh Kumar (MD)
Products
Insurance General insurance Health insurance Vehicle insurance Travel insurance Home insurance Accidental insurance Commercial Insurance Rural insurance
Revenue
₹8,149 crore (US$1.0 billion) (2022)[1]
Operating income
₹474 crore (US$59 million) (2022)[1]
Net income
₹500 crore (US$63 million) (2022)[1]
Total assets
₹32,118 crore (US$4.0 billion) (2022)[1]
Number of employees
8,976 (2022)[1]
Parent
HDFC Bank Ergo Group
Website
www.hdfcergo.com
HDFC ERGO General Insurance Company Limited is a 51:49 joint venture firm between HDFC and ERGO International AG, one of the insurance entities of the Munich Re Group in Germany operating in the insurance field under the BFSI sector.[2] The retail sector includes various products like health insurance, vehicle insurance, travel insurance, home insurance, personal accident insurance and cyber insurance. The Corporate sector includes products like liability, marine and property insurance. Rural sector products include rainfall index insurance, Pradhan Mantri Fasal Bima Yojna, and cattle insurance policy.
^ abcde"HDFC ERGO General Insurance Company Ltd. Financial Statements" (PDF). hdfcergo.com.
^"HDFC Ergo launches centre of excellence for AI". The Times of India. 25 July 2023. ISSN 0971-8257. Retrieved 21 August 2023.
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Global Information
₹8,149 crore (US$1.0 billion) (2022)[1]