by AIP Online Bureau | Apr 17, 2025 | Indian News, Life
“As we enter our 25th year of existence, our aspiration remains, against a backdrop of a stable regulatory regime, to consistently outpace sector topline growth, deliver VNB growth in line with APE growth and double key metrics every 4 to 4.5 years.” Vibha...
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...
by AIP Online Bureau | Jul 21, 2023 | Indian News, Life
Vibha Padalkar,chief executive and managing director, HDFC Life The company’s value of new business, which is the value of the future profits of policies sold in the quarter, grew 18 per cent to Rs 610 crore, which Padalkar claimed is more than 1.5x the average...
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 | Oct 21, 2022 | Indian News, Life
Vibha Padalkar,Managing Director and Chief Executive Officer of HDFC Life said, ”we can easily do away with 100-150 branches from the existing 383 (ours and around 200 of theirs). Some of our own branches will also be shuttered but there won’t be any...