by AIP Online Bureau | Aug 2, 2024 | Indian News, Life, Regulation
Signed by RK Sinha, member, Finance, IRDAI and BC Patnaik, member,Life, IRDAI, the regulator has slapped a fine of Rs 1 crore each on two charges and has directed the company to take corrective steps in other matters Mumbai: The IRDAI has slapped fine of Rs 2...
by AIP Online Bureau | Jun 5, 2024 | Eco/Invest/Demography, Indian News, Wealth Management/ Philanthropy
HDFC Life has a debt: equity mix of 67:33 with 99% of debt investments in Government bonds and AAA rated securities as on Mar 31, 2024 Mumbai:HDFC Life, one of India’s leading life insurance companies, announced thatit has crossed Rs 3 lakh crore in Assets Under...
by AIP Online Bureau | May 20, 2024 | Briefs, Intermediaries, Life
Upstox, a wealth management platform today launched its entry into insurance distribution business and has tied up with HDFC Life as its first insurance partner. “With this launch, the company aims to revolutionise India’s insurance landscape by offering its...
by AIP Online Bureau | May 15, 2024 | Briefs, Life
HDFC Life has announced its highest-ever bonus of Rs. 3,722 cr. on participating plans during the company’s board meeting in April 2024 benefitting 22- 23 lakh policyholders. Out of the total bonus amount, Rs 2,798 crore will be disbursed to policies in the current...
by AIP Online Bureau | Apr 18, 2024 | Indian News, Life
Despite the budget changes impacting high ticket sized business this year, we delivered a healthy growth of 20 per cent for Q4 after adjusting for the one-off business of Rs. 1,000 crore in March 2023. Our stated aspiration of a double-digit growth for the full year...
