by AIP Online Bureau | Jul 19, 2022 | Indian News, Life
Vibha Padalkar, MD & CEO, HDFC Life, The life insurer’s Indian embedded value(IEV) has risen by to Rs 29,709 crore in the reporting quarter. Its value of new business (VNB) has moved by 25 per cent to 510 crore in the same quarter Its new business margin for...
by AIP Online Bureau | Jul 12, 2022 | Briefs, Life, Technology
HDFC Life has invested in Z3Partners’ new fund named ‘Z3Partners Tech Fund’ which is a tech and digital investment focused Venture Capital (VC) fund. Z3 Partners, which is currently raising this Fund of Rs. 500 crore, has already backed best quality startups like...
by AIP Online Bureau | Jun 22, 2022 | Indian News, Life
15.87 lakh policyholders are eligible for this bonus Vibha Padalkar, MD & CEO, HDFC Life, said, “We are pleased to announce market competitive bonus payouts year after year. It is our way of exceeding the expectations of our policyholders who strongly...
by AIP Online Bureau | Jun 17, 2022 | Indian News, Life
The Capital Raising Committee of the company’s board approved a proposal for raising up to Rs 350 crore through the issuance of 3,500 non-convertible debentures, HDFC Life said in a regulatory filing The company said the bonds will carry a coupon rate of 8.20...
by AIP Online Bureau | Apr 26, 2022 | Indian News, Life
Vibha Padalkar, MD & CEO, HDFC Life Insurance With a total premium of almost Rs 46,000 crore up 19 per cent y-o-y, over Rs 38,583 crore recorded in year-ago period, the life insurer’s asset under management (AUM) crossed Rs 2 trillion mark, clocking 17 per cent...
