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Company type | Joint venture |
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Industry | Financial services |
Headquarters | Mumbai, Maharashtra, India |
Key people | Anuj Tyagi (MD) |
Products | Insurance General insurance Health insurance Vehicle insurance Travel insurance Home insurance Accidental insurance Commercial Insurance Rural insurance |
Revenue | ₹8,149 crore (US$980 million) (2022)[1] |
₹474 crore (US$57 million) (2022)[1] | |
₹500 crore (US$60 million) (2022)[1] | |
Total assets | ₹32,118 crore (US$3.8 billion) (2022)[1] |
Number of employees | 8,976 (2022)[1] |
Parent | HDFC Bank Ergo Group |
Website | www |
HDFC ERGO General Insurance Company Limited is a 51:49 joint venture firm between HDFC and ERGO International AG. It is 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 Yojana, and cattle insurance policy.