Aviva India(Aviva life insurance) is a joint venture between Dabur Invest Corp (DIC) and Aviva International holdings Limited (AIH) - a UK based insurance group. The Current paid up capital amounts to Rs 2,004.9 crore.

Aviva life insurance has pioneered many innovative sales approaches, including the concept of Bancassurance and Financial Health Check services. They are among the first companies to introduce the contemporary unit-linked products. 

Dabur Group

Founded in 1884, Dabur Group is one of India’s oldest and largest group of companies with a consolidated annual turnover in excess of Rs 2,834 crores. It is the country’s leading producer of traditional healthcare products.

Aviva Group
Aviva is UK’s largest insurer. Aviva’s European business operates in the established markets of France, Spain and Italy and the growth markets of Poland and Turkey. Aviva’s principal business activities are long-term savings, fund management and insurance.

With a history dating back to 1696, Aviva Group has a 31 million customer base worldwide in 16 countries.

AVIVA LIFE INSURANCE



STARTED YEAR 2002
PAID UP CAPITAL 2004 CRORES
INDIAN PARTNER DABUR GROUP
FORIEGN PARTNER AVIVA GROUP
MD/CEO NAME MR. Trevor Bull
BANKING PARTNERS IndusInd Bank
SOLVENCY RATION 4.15(as on 014)
NUMBER OF BRANCHES 121 HEAD OFFICE GURGOAN
TOTAL PREMIUM COLLECTED 2011-2012 2012-2013 2013-2014
2415.87 2140.67 1878.1
CLAIM SETTLEMENT RATIO 2011-2012 2012-2013 2013-2014
89.55% 87.71% 84.01%
KEY PLANS CHILD PLAN Aviva Youngscholar secure
TERM PLAN Aviva I life
RETIREMENT Aviva Next Innings Pension plan
ULIP Aviva livesmart plan
WEBSITE ADDRESS DABUR www.dabur.com
AVIVA PLC www.aviva.com
AVIVA INDIA www.avivaindia.com
TOLL FREE NUMBER

1800-103-7766

 

The company has a current claim settlement ratio of 84.01%.

Solvency ratio stands at 4.15 times.

In the above table, we had updated the details from the IRDA Annual report 2013-14, 2012-13 and 2011-12. Some details are captured from avivaindia.com. The accuracy of the above table content depends on these given sources. This information published is of informative nature and does not guarantee anything about the companies performance or claim records.

The main aim of this post is to simplify the details about aegon religare. All these information in this post can be seen in avivaindia.com and IRDA website also.

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