Edelweiss Tokio Life Insurance is a new generation Insurance company, set up with a start up capital of INR 550 Crores, thereby showing our commitment to building a long term sustainable business focused on a consumer centric approach.
The company is a joint venture between Edelweiss Financial Services, one of India's leading diversified financial services companies with business straddling across Credit, Capital Markets, Asset Management, Housing finance and Insurance and Tokio Marine Holdings Inc, one of the oldest and the biggest Insurance companies in Japan now with presence across 39 countries around the world.
As a part of the company’s corporate philosophy of customer centricity, our products have been developed based on our understanding of Indian customers’ diverse financial needs and help them through all their life stages.
Since its inception in 1996, Edelweiss has seamlessly grown into a large diversified financial services organization offering businesses ranging from Credit, Capital Market, Asset management, Housing Finance and Insurance. Currently, the groups networth is in excess of INR 2,800 Crores. Over the last decade, Edelweiss revenue has grown at a CAGR of 63% and net profit has grown at a CAGR of 76% (till the end of FY 11).
Present across 308 offices in 140 cities, the group, with over 2800 employees, and services a client base of more than 3,50,000 (Sept 11).
The Groups core brand philosophy, Ideas Create, Values Protect is translated into an approach that is led by entrepreneurship and creativity, protected by intellectual rigour, research and analysis. Edelweiss has been recognized as a Business Super brand in the year 2011 by Super Brands India, testimony to the reputation enjoyed by the brand.
Tokio Marine Holdings Inc, the holding company for Tokio Marine group is one of the oldest and biggest Insurance companies in Japan; with interests in Life, Non-Life, and Re-Insurance, it has a presence in 427 cities across 39 countries around the world.
The company has over 130 years of operational history in the Non-Life sector while it has been in Life Insurance since 1996. It has a presence in Japan, China, Singapore, Malaysia and Thailand.
The Group has booked revenues of INR 1,77,650 Crore and Net Income of INR 3,884 Crore.
In Life Insurance its Gross Written Premium (GWP) is over INR 31,834 Crore.
A highly respected company around the world, Tokio Marine adheres to Japanese high standards of quality and a robust corporate governance and risk management framework.
Tokio Marine has a successful track record of building business in developing and developed markets due to its superior capability of developing products based on research and consumer understanding.