Home   >>    Insurance   >>    Life Insurance   >>     Overview

DLF Pramerica Life Insurance gets IRDA nod

IRDA approved DLF Pramerica Life Insurance Company (DPLI) to start life insurance operations in the country.

Apnainsurance.com Research Bureau

01 Jul 2008

The Insurance Regulatory Development Authority of India (IRDA) approved DLF Pramerica Life Insurance Company (DPLI) to start life insurance operations in the country.

DPLI is a joint venture between real estate developer DLF and US-based financial services major, Prudential Financial, Inc. DPLI plans to launch the business and commence sales in Q3 this year.

DLF and Prudential Financial, Inc. also plan to set up a joint venture asset management company, DLF Pramerica Asset Managers Pvt. Ltd.