Company Overview of Birla Sun Life Insurance Company Limited
Birla Sun Life Insurance Company Limited provides insurance products in India. It offers a range of insurance services, comprising life insurance plans; savings with protection solutions; children's future solutions; retirement solutions; and wealth with protection solutions. It also provides rural insurance and NRI solutions, as well as manages pension funds. The company was founded in 2000 and is based in Mumbai, India.
One Indiabulls Center, Tower I
Jupiter Mill Compound
841, Senapati Bapat Marg, Elphinstone Road
Founded in 2000
Key Executives for Birla Sun Life Insurance Company Limited
Chief Executive Officer, Managing Director and Director
Vice President of Humam Resources & Administration
Senior Vice President of Special Projects
Senior Vice President of Health Business
Compensation as of Fiscal Year 2015.
Birla Sun Life Insurance Company Limited Key Developments
Birla Sun Life Insurance Co. Ltd. Reports Earnings Results for the Second Quarter and Half Year Ended September 30, 2015
Nov 9 15
Birla Sun Life Insurance Co. Ltd. reported earnings results for the second quarter and half year ended September 30, 2015. For the quarter, revenue was INR 12,920 million compared to INR 11,500 million a year ago. Earnings before tax were INR 400 million compared to INR 970 million a year ago. Net profit was INR 400 million compared to INR 970 million a year ago. Net premium income was INR 12,660 million compared to INR 10,720 million a year ago.
For the half year, revenue was INR 24,760 million compared to INR 22,190 million a year ago. Earnings before tax were INR 740 million compared to INR 1,800 million a year ago. Net profit was INR 740 million compared to INR 1,800 million a year ago. Net premium income was INR 23,530 million compared to INR 20,800 million a year ago.
Birla Sun Life Insurance Co. Ltd. Announces Earnings Results for the First Quarter Ended June 30, 2015
Aug 12 15
Birla Sun Life Insurance Co. Ltd. announced earnings results for the first quarter ended June 30, 2015. For the quarter, the company reported net premium income of INR 10,880 million against INR 10,080 million a year ago. Revenue was INR 11,840 million against INR 10,680 million a year ago. Net profit was INR 340 million against INR 830 million a year ago. Return on avg. assets was 2.2% against 22.0% a year ago.
Sun Life To Raise Stake In Birla Sun Life
Aug 6 15
Sun Life Financial Inc. (TSX:SLF) is interested in raising its stake in its Birla Sun Life Insurance Company Limited, its top executive said. Sun Life has been on an acquisitive streak and has announced at least three deals so far in 2015. Dean Connor, Chief Executive Officer of Sun Life said, "We continue to turn the soil over and look at a number of opportunities. We're interested in more M&A activity if it makes sense."
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