Browsing tag: Life Insurance

HDFC Life Insurance: Value Pick Stock, Update

27th April 2020

Update: Q4 Results FY '20 Private life insurer major HDFC Life Insurance posted its Q4 numbers today after market hours. The company posted a 14.5% Y-O-Y decline in consolidated net profit at INR 311.65 Cr (vs INR 364.88 Cr), impacted by a rise in provisions and a drop in net investment income. Net premium income growth saw a marginal hike to INR 10,475.95 Cr in the March quarter compared to INR 10,251.26 Cr. The total new business premium rose by 15% Y-o-Y to INR 17,239 Cr in FY20. The new

By Vishal Dalwadi

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HDFC Standard Life Insurance Company Ltd IPO – Company Profile, Price, Analysis, Update

23rd October 2019

Update: Q2 Results FY 2019-20 The Board of Directors of HDFC Life today on 23th October 2019 approved the consolidated and standalone audited financial results for the half year ended September 30, 2019. Below is the summary of standalone results: Private Market Share: The Company expanded its market share in the private sector to 15.2 percent based on Individual WRP (weighted received premium), on the back of Y-O-Y growth of 35 percent. HDFC Life continue to rank No.1 amongst private players

By Vishal Dalwadi

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Insurance

Life Insurance: Different Types of Policies Available In Indian Insurance Sector

16th March 2017

Life insurance is one of the fastest growing financial sectors in India. (India's life insurance sector is the biggest in the world with about 3600 Lac policies which are expected to increase at a Compound Annual Growth Rate (CAGR) of 12 to 15% over the next 5 years). As of now, there are 24 insurance companies offering different types of life insurance policies in India. Why Life Insurance Policy: The primary reason for taking life insurance is to provide financial security for the dependants

By Vishal Dalwadi

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