by AIP Online Bureau | Apr 26, 2023 | Indian News, Life
Mumbai: HDFC Life Insurance reported a smaller-than-expected rise in fourth-quarter profit on Wednesday, as higher expenses more than offset the rise in income from premiums. The Mumbai-based insurer said its standalone profit after tax rose a marginal 0.3% to Rs 359...
by AIP Online Bureau | Apr 24, 2023 | Indian News, Life, Wealth Management/ Philanthropy, Workplace/Employee Benefits
In a regulatory filing on Friday, HDFC Life Insurance Company has said that Reserve Bank of India (RBI) has permitted HDFC Bank or HDFC to increase their shareholding in HDFC Life Insurance Company and HDFC ERGO General Insurance Company to over 50 per cent prior to...
by AIP Online Bureau | Apr 22, 2023 | Banking & Bancassurance, Indian News, Life, Non-Life, Regulation
HDFC Bank or HDFC can increase shareholding in HDFC Life Insurance Company and HDFC ERGO General Insurance Company to over 50 per cent prior to the effective date of the merger Mumbai: In a mixed bag for HDFC Bank ahead of the parent HDFC’s merger with itself,...
by AIP Online Bureau | Jan 20, 2023 | Indian News, Life
Vibha Padalkar, MD & CEO said,“In Q3 fy2022-23, we grew by 17% in terms of Individual Weighted received premium( WRP). On a year to date (YTD) basis, we grew by 13% leading to a market share of 15.8% amongst private insurers. Our distribution network has...
by AIP Online Bureau | Oct 30, 2022 | Briefs, Life
Mumbai: HDFC Life, the second largest private sector life insurers, at its board meeting, announced that it has elevated Suresh Badami to the role of deputy managing director with effective from October 21. Suresh has a rich and diverse experience of 27+ years in...
