Aditya Birla Sun Life Insurance Company Limited - Company Profile
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Aditya Birla Sun Life Insurance Company Limited (ABSLI), a subsidiary of Aditya Birla Capital Ltd, is an insurance company focused on providing life insurance products. The company offers term life insurance, endowment plans, whole life insurance, unit linked insurance plans, child plans, pension plans and money back plans. It also offers life insurance riders, The markets and distributes its products through a network of branches, bancassurance partners, individual agents and online channels. The company is a joint venture between the Aditya Birla Group and Sun Life Financial. ABSLI is headquartered in Mumbai, Maharashtra, India.
Aditya Birla Sun Life Insurance Company Limited premium industry data and analytics
Products and Services
| Products | Services | Brands |
|---|---|---|
| Term Insurance | Claims Services | ABLSI |
| ABSLI DigiShield Plan | ||
| ABSLI Saral Jeevan Bima | ||
| XYZ | ||
| XYZ | ||
| XYZ |
History
History section provides information on new products, mergers, acquisitions, expansions, approvals, and many more key events.
| Year | Event | Description |
|---|---|---|
| 2026 | New Products/Services | In June, the company launched Anmol Akshaya, a participating life insurance plan designed to help customers build savings. |
| 2026 | New Products/Services | In March, the company introduced HER Insurance, a customer-centric category built using research and insights into women’s real needs. |
| 2025 | New Products/Services | In November, the company introduced ABSLI Vision Retirement Solution. |
Competitor Comparison
| Key Parameters | Aditya Birla Sun Life Insurance Company Limited | Life Insurance Corporation of India | SBI Life Insurance Co Ltd | HDFC Life Insurance Co Ltd | ICICI Prudential Life Insurance Co Ltd |
|---|---|---|---|---|---|
| Headquarters | India | India | India | India | India |
| City | Mumbai | Mumbai | Mumbai | Mumbai | Mumbai |
| State/Province | Maharashtra | Maharashtra | Maharashtra | Maharashtra | Maharashtra |
| No. of Employees | 32,810 | 84,565 | 27,653 | 38,291 | 19,303 |
| Entity Type | Private | Public | Public | Public | Public |
Executives
| Name | Position | Board | Since | Age |
|---|---|---|---|---|
| Kumar Mangalam Birla | Chairman | Executive Board | 1995 | - |
| Kamlesh Rao | Chief Executive Officer; Director; Managing Director | Executive Board | - | - |
| Anil Kumar Singh | Chief Financial Officer | Senior Management | - | - |
| Devendra Singhvi | Chief Investment Officer | Senior Management | - | - |
| Shailendra Kothavale | Chief Compliance and Risk Officer | Senior Management | - | - |
| Non Dignissim Eros | Proin vel | Convallis | 2026 | XY |
| Non Dignissim Eros | Proin vel | Convallis | 2026 | XY |
| Non Dignissim Eros | Proin vel | Convallis | 2026 | XY |
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