*PIIH is a fully owned subsidiary of Prudential Financial Inc, referred to hereafter as PFI. PIIH and PFI of the United States are not affiliated with Prudential Plc., a company incorporated in the United Kingdom. Pramerica is the brand name used in India and select countries by PFI. Pramerica and the Rock logo are proprietary service marks and may not be used without the express permission of the owner
DHFL Pramerica - The Joint Venture
Prudential International Insurance Holdings, Ltd. (PIIH)
74% 26%
Dewan Housing Finance Corporation Ltd. (DHFL) & Promoter Entities
India’s second largest private housing finance company
DHFL was founded in 1984 by Shri Rajesh Kumar Wadhawan, a
visionary Indian businessman, who believed that owning a home is a
critical element of building an identity for every Indian
DHFL - Changing Rules, Changing Lives
Financial Inclusion, the DHFL Way
Over the past 29 years, DHFL has been providing financial access to the
lower and middle income segments, in semi-urban and rural parts of India
Under the leadership of Mr. Kapil Wadhawan, CMD, DHFL stands strong as
India’s second largest housing finance company in the private sector
Based in India’s commercial capital Mumbai, DHFL has a presence across
over 450 locations in India, to ensure consumer access
Has tie-ups with leading public and private sector banks like Punjab & Sind
Bank, United Bank of India, Central Bank of India and YES bank, to provide
home loans to customers through a home loan syndication agreement
Listed on the BSE and NSE
• Spread across 290 Company
operated locations in India
• Presence in 151 additional
locations through alliances
DHFL strives continually to reach out to its customers through its extensive network
of Branches, Service Centers, Camps and Regional Processing Offices spread
across the length and breadth of the country
Presence Across India
AUM
448.2 billion
Net worth
35.7 billion
PAT
5.3 billion
Gross NPA
0.78%
Disbursements
166.5 billion
Sanctions
223.8 billion
Capital
Adequacy
Ratio
16.42%
DHFL strives to participate in Financial Inclusion in India through the product offerings of:
Home Loan, NRI Home Loan, Fixed Deposit, Recurring Deposit, Property Services,
Insurance Services and Project Finance
Business Overview (as of March 31, 2014, All figures in INR)
Awards and Recognitions
Conferred the ‘Best Employer’ Brand Award at the IPE BFSI Awards (2013)
Named among the most trusted BFSI Brands in India: Brand Trust Report (2012-13)
Ranked 306th among India’s 500 Most Valuable Companies by Business Today (2012)
Recognized as ‘Marketer of the Year’ in the Realty Plus Excellence Awards (2012)
Named as one of India’s 50 Biggest Financial Companies (2011-12)
Recognized as ‘Power Brand 2010-11’ amongst the top 200 brands in India by
M/S Planman Marcom (2010-2011)
Going the Extra Mile
DHFL has taken financial access to an all-new level through its customer reach and
product offering
DHFL holds approx. 50% stake in Avanse Education Loan to provide affordable and
flexible education finance for deserving students
DHFL, in association with International
Finance Corporation (IFC), a World Bank
member has founded Aadhar Housing
Finance, which offers housing loans of
value below 12 lakhs in select states
DHFL is foraying into the insurance sector,
in association with PFI, one of the world’s
largest financial services institutions
Treasure in Unlisted Companies
Entity DHFL's Holding (%)
9.47%
14.90%
48.50%
50.00%
85.13
10.55
31.22
1.00
BVPS (Rs.)
PFI - AN OVERVIEW
PFI of the United States are not affiliated with Prudential Plc., a company incorporated in the United Kingdom.
Pramerica is the brand name used in India and select countries by PFI.
Pramerica and the Rock logo are proprietary service marks and may not be used without the express permission of the owner.
History
Tracing its roots to 1875, PFI is one of the best-known names in
financial services in the U.S.
1875
1886
1892 1903 1924
1899 1914
One of the world’s largest financial services companies
PFI GE Ford IBM
Coke AT&T Merrill Lynch
Company Overview
For more than 135 years, PFI has helped individual and institutional customers grow and
protect their wealth
One of the world's largest financial services institutions with more than $1.1 trillion of assets
under management (as of March 31, 2014)
PFI, through its subsidiaries, serves institutional and individual customers in more than
41 countries in the United States, Asia, Europe and Latin America (as of March 31, 2013)
47,355 employees and sales associates worldwide (as of December 31, 2013)
Offers a variety of products and services, including life insurance, annuities, retirement-related
services, mutual funds and investment management
PFI’s distinctive Rock® symbol is among the most widely recognized in the U.S. and is an icon
of strength, stability, expertise and innovation
Business Overview
Assets managed by the Life Insurance Industry
in India is Rs.17,41,000** crores
(USD 0.279 trillion)
Assets managed by PFI is
approx. Rs.68,52,330* crores
(USD 1.107 trillion)
**As of March 31, 2013 Source: Life Insurance Council of India
*As of March 31st , 2014
Awards and Recognitions
PFI rated No. 2 in FORTUNE® magazine's 2013 ‘World's Most Admired Companies®’
ranking in the Insurance: Life and Health category
PFI ranks 29th on the 2013 FORTUNE® 500 list of ‘America’s Largest Corporations’
and 90th on the 2013 FORTUNE® Global 500 List of the ‘World’s Largest Corporations’
PFI named in Diversity Inc. magazine’s 2013 list of the ‘Top 50 Companies for Diversity’
(for the 13th consecutive year)
PFI named in Equal Opportunity magazine’s 2013 list of the ‘Top 50 Employers’
(in 2013, 2011, 2010)
PFI named a top 10 company by National Association for Female Executives (NAFE) on
its 2012 list of ‘Top 50 Companies for Executive Women’ (for the 13th consecutive year)
FORTUNE® and World’s Most Admired Companies® are registered trademarks belonging to Time, Inc
DHFL Pramerica - A United Vision
A coming together of two strong and trusted financial houses who share our vision
of securing and enriching every life that we touch
DHFL - A company that is committed to help build an identity for every Indian
by empowering families financially to fulfill their dreams of owning a home
PFI - A company that is committed to help ensure financial security and peace
of mind for its customers through a variety of products and services, backed by
sound financial advice
Our Company
• Started operations in 2008 as DLF Pramerica Life Insurance, a joint venture between
DLF Limited (DLF), a leading real estate company in India and PFI, to provide life
insurance products to customers in India
• In 2013, Dewan Housing Finance Corporation Limited (DHFL) and its promoter
entities acquired DLF Ltd.’s 74 percent interest in the JV and entered into a
partnership with PFI
• Pan India presence through multiple distribution channels which have been customized
to address the specific insurance needs of diverse customer segments
• 2000+ employees, 3500+ sales advisors and over 100 Third Party relationships
• Offers a comprehensive suite of long-term savings and protection-oriented products
Awards and Recognitions
Awarded the Celent Model Insurer Asia Award 2014 in the ‘Distribution: other
channels’ category for efforts in using technology to facilitate service delivery in rural
markets
Recognized as one of ‘India’s Best Companies to Work For - 2011’ in a study
conducted by The Great Place to Work® Institute, India, in partnership with
The Economic Times. Ranked No. 74
Presented the ‘Best Insurer - Technology’ Award by Asia Insurance Review and Celent
for innovative use of technology to make life insurance solutions easily accessible to
the under-served markets (2011)
Presented the SKOCH ‘Financial Inclusion Award’ for ‘Tatkaal Baithaks’ - a rural
awareness campaign to spread financial literacy in villages across Orissa, Bihar and
Uttar Pradesh (2011)
Our Culture
We are committed to fostering a culture of openness, transparency and dynamism
We have a performance driven work culture where good work is appreciated and
rewarded, giving our employees ample opportunities for growth and development
We are committed to being an equal opportunities workplace and our culture of
diversity and inclusion is central to our system and the way we do business
Our commitment to the communities where we work and live has led us to identify
strategic opportunities where we can make a meaningful difference
We organize ‘The Pramerica Spirit of Community Awards’, an annual school-
level recognition program for students engaged in voluntary community
service. The program was introduced in India in 2010 and since inception, has
reached out to approx. 100,000 students across the country
Our Values
Customer Focused: Be someone who places customers and
their needs at the forefront while developing and managing their financial
solutions
Mutual Respect: Build mutual respect by being an equal
partner, who knows and willingly shares, helping people go further, rather
than walking ahead and leading them, or walking behind and following
Worthy of Trust: Build trust by choosing the right path, rather than
the easy path and tell the truth the way it is. Be someone who keeps
promises, meets commitments and behaves with integrity at all times
Winning: Be positive and confident; seize every moment, every day, with
a winning perspective, fearlessly facing the uncertainties of life
Our Vision: To ensure that every life we touch feels secure and enriched
Our Vision and Values