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HDFC Life net profit rises 5 9% to Rs 265 cr in December quarter

The private life insurer had posted a net profit of Rs 250.24 crore in the year-ago quarter. Its net premium income stood at Rs 9,487.01 crore during the third quarter of 2020-21, compared to Rs 7,854.3 crore. The insurer s first year premium stood at Rs 1,772.24 crore in the third quarter of 2020-21, against Rs 1,542.96 crore in the corresponding quarter of last year. Renewal premium was at Rs 4,576.98 crore, compared to Rs 3,765.63 crore in the year-ago period. Profit after tax in the April-December 2020 period rose 6 per cent to Rs 1,042 crore, from Rs 984 crore last year. We are witnessing a lift in customer confidence, which is also reflected in the new business premium trends for both the individual as well as the group credit protect business.

Vibha padalkarManaging directorவிபா பாடல்கற்நிர்வகித்தல் இயக்குனர்

HDFC Life Insurance Company Ltd Q3FY21 consolidated PAT at Rs 263 44 crore

HDFC Life Insurance Company Ltd Q3FY21 consolidated PAT at Rs. 263.44 crore

United statesVibha padalkarLife insurance company ltdTime zoneInsurance company ltdNew business marginsMutual fundsNew issuePublic issueRights issueStock marketsPost officeNational savings schemeKisan vikas patraPublic provident fundGoi senior citizens savings scheme

ET NOW drives Vaccine For Growth

ET NOW drives Vaccine For Growth
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HDFC Life Insurance Q3 Net Profit Up 5%

HDFC Life Insurance Q3 Net Profit Up 5%
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Vibha padalkarManaging directorChief executive officerHdfc lifeHdfc life q3Life insuranceValue of new businessVnb marginQ3 resultsDecember quarterNet profitAnnualised premium equivalentCorona virusCovid 19விபா பாடல்கற்நிர்வகித்தல் இயக்குனர்

India Revival Mission | Covid has increased awareness for life insurance specifically among millennials, says Vibha Padalkar

Updated Dec 19, 2020 | 16:55 IST She also highlighted the growing importance of online platforms. Even though bancassurance may be a traditional channel for the company, all the banks are now moving towards digital modes of doing business Covid has increased awareness for life insurance specifically among millennials, says Vibha Padalkar New Delhi: On India Revival Mission, Vibha Padalkar, MD & CEO at HDFC Life in her interaction states that one should never waste a good crisis or pandemic and Covid-19 has been an inflection point for the entire life insurance space. She further discusses how has the COVID-19 pandemic impacted the Life Insurance ecosystem in India? What is kind of growth is seen in the next 3 years for the Life Insurance sector & HDFC Life as a company? Given that the protection business is margin accretive & underpenetrated, will it continue to drive the growth and product mix at both industry and company level? HDFC Life has reported

New delhiVibha padalkarIndia revival missionRepresentational imageLife insuranceபுதியது டெல்ஹிவிபா பாடல்கற்இந்தியா மறுமலர்ச்சி பணிவாழ்க்கை காப்பீடு