Minister Joseph Cordiano felicitates Birla Sun Life Insurance's MDRT qualifiers from Mumbai
27th February, 2006
Birla Sun Life Insurance (BSLI), the leading private life insurance company in India, added another feather to its cap with 60 of its insurance advisors from Mumbai qualifying for the prestigious Million Dollar Round Table (MDRT). One of the advisors qualified for the Top of the Table (TOT) and nine advisors qualified for the Court of the Table (COT).
The Honorable Joseph Cordiano, Minister of Economic Development and Trade, Province of Ontario, Canada felicitated the achievers at a function in Mumbai.
Speaking on the occasion Mr. Nani Javeri, CEO, BSLI said, "We are happy that Minister Joseph Cordiano has kindly consented to felicitate our top performing insurance advisors from Mumbai. It is heartening to note that as many as 60 of our advisors from Mumbai have qualified for the MDRT. The fact that one of them has qualified for the TOT and as many as nine have made it to the COT indicates the superior quality of our insurance advisors".
The Million Dollar Round Table (MDRT) is an acknowledged global benchmark in the insurance industry for top performing insurance advisors. To qualify for the elite group of MDRT, an advisor has to mobilize a minimum modal premium of Rs. 22,00,000 in one calendar year. The minimum modal premium for qualifying for the Court of the Table (COT) is Rs.66,00,000 and for the TOT it is Rs. 1,32,00,000.
BSLI had a total of 231 insurance advisors across India, qualifying for the MDRT - 2006, out of which 23 qualified for the COT and five for the TOT.
About the Aditya Birla Group
The Aditya Birla Group has a turnover close to Rs. 33,000 crore (as on 31 March 2005) and is one of the largest business houses in India. It enjoys a leadership position in all the sectors in which it operates. With over 75 business units, spanning the South East Asian belt, Africa, Canada and the UK among others, it is reckoned as India's first multinational corporation. The group is anchored by 72,000 employees and has seven lakh shareholders, with a market capitalization of Rs.30,500 crore.
Additional information is available at www.adityabirla.com
About Sun Life Financial Inc.
Sun Life Financial Inc. is a leading international financial services organization providing a diverse range of wealth accumulation and protection products and services to individuals and corporate customers. Tracing its roots back to 1865, Sun Life Financial and its partners today have operations in key markets worldwide, including Canada, the United States, the United Kingdom, Hong Kong, the Philippines, Japan, Indonesia, India, China and Bermuda. As of 31 December 2004, the Sun Life Financial group of companies had total assets under management of USD 298 billion.
Sun Life Financial Inc. trades on the Toronto (TSX), New York (NYSE) and Philippine (PSE) stock exchanges under ticker symbol "SLF".
Additional information can be found at: www.sunlife.com
For further information kindly contact:
Ms. Anjana Grewal,
Vice President - Marketing & Communication,
Birla Sun Life Insurance Company Limited.
Tel: 022 - 5678 3333