IDBI Federal Life Insurance Co is a leading life insurance company in India. The company was formed as a joint venture between IDBI Bank, Federal Bank, and Ageas, a multinational insurance company based in Europe. IDBI Bank and Federal Bank are two of the largest public sector banks in India.

The company was incorporated on March 2008 and is headquartered in Mumbai, Maharashtra. IDBI Federal Life Insurance offers various life insurance products and services to its customers. Its main offerings include term life insurance, unit-linked insurance plans (ULIPs), endowment plans, money-back plans, child plans, and retirement solutions.

The company aims to provide financial security and protection to individuals and their families through its insurance products. On a global scale, IDBI Federal Life Insurance operates solely in India and does not have any international subsidiaries, joint ventures, or partnerships. The company focuses on serving the Indian market and meeting the life insurance needs of its customers within the country.

In terms of market position, IDBI Federal Life Insurance has established itself as a significant player in the Indian insurance industry. It has a strong distribution network with branches across the country and a wide range of products to cater to the diverse needs of customers. The company competes with other major life insurance companies in India, such as LIC, ICICI Prudential Life Insurance, and HDFC Life Insurance.

Over the years, IDBI Federal Life Insurance has achieved several milestones and received recognition for its performance and customer service. It has consistently grown its customer base and market share and has expanded its product portfolio to meet the evolving needs of customers. The company has also made strategic changes to its brand and product lineup to adapt to the changing market dynamics.

As of the latest updates, IDBI Federal Life Insurance continues to operate successfully in the Indian insurance market. It remains committed to providing innovative and customer-centric life insurance solutions. The company regularly introduces new products and enhancements to its offerings to keep pace with industry trends and customer preferences