HDFC Chubb General Insurance Company Ltd., a joint venture between HDFC, India’s premier financial services company, and The Chubb Corporation, a leading global non-life insurance holding company, launched its operations in the year 2002.

HDFC Chubb was set up with a capital of Rs. 101 crores. HDFC holds a 74 % interest in the joint venture, while The Chubb Corporation ownership, through its subsidiary Chubb Global Financial Services Corporation, is 26%.

HDFC, a pioneer in housing finance in India, is known for its strong retail focus and service to the masses. It has turned the concept of housing finance into a profitable, professionally managed, world-class enterprise. It has assisted over 1.9 million families to own a home through loans over Rs. 370 billion (Rs. 37,000 crores). This is supported by its strong distribution network of more than 125 offices across the country serving customers in over 2,400 cities and towns. It also has more than 46,000 deposit agents and a deposit base of more than Rs. 85 billion (Rs. 8,500 crores) from over 1.2 million depositors.

Over the years, HDFC has grown into a very strong brand, prompting various companies to offer financial services like banking, mutual funds, life insurance, stock market and real estate related services. Additional information on HDFC can be found at www.hdfc.com

With more than $30 billion in assets, The Chubb Corporation is a holding company for a family of property and casualty insurance companies known informally as the Chubb Group of Insurance Companies. The member insurers of the Chubb Group of Insurance Companies form a multi-billion dollar organization providing property and casualty insurance for personal and commercial customers worldwide through 5,000 independent agents and brokers. Chubb's global network includes branches and affiliates throughout North America, Europe, Latin America, Asia and Australia. More information on Chubb can be found at www.chubb.com