Maintained top 3 ranking amongst life insurers; Private market share of 16.1% Strong growth in Protection on the back of 66% growth in credit protect business 44% growth in Annuity APE NBM expansion for both,…
Mumbai, September 30, 2020 (GPN): HDFC Life, one of India’s leading life insurance companies and IvyCamp, an initiative of IvyCap Ventures, today jointly launched the third phase of Futurance – the corporate engagement program to identify…
MUMBAI, AUGUST 19, 2020 (GPN): HDFC Life, one of India’s leading life insurers has recently launched an annuity campaign. HDFC Life has built an inspiring narrative that challenges the audience’s mind set around retirement. The Company has redefined the…
Ezra can handle 200+ policy-related queries Empowered with natural language understanding, a policy can be serviced from anywhere In May 2020, in the midst of the lockdown, the company had launched Elsa, an Alexa based smart voice…
[Agency Credits MD – India & CCO – South Asia, Leo Burnett: Rajdeepak Das MD – India & CSO – South Asia, Leo Burnett: Dheeraj Sinha Executive Creative Director: Mayuresh Dubhashi Creative Team: Rucha Rao,…
PERFORMANCE FOR THE YEAR ENDED JUN 30, 2020 Other Key Highlights: 50% growth in Individual Protection APE 24% growth in renewal premium 24.3% New Business Margin on the back of balanced product mix PAT of…
HDFC Life’s Alexa bot can respond to 200+ unique policy-related queries with Alexa bot, HDFC Life reinforces presence in all major social media channels including WhatsApp, Twitter, and Facebook. MUMBAI, MAY 07, 2020 (GPN) –…
An instant & real-time enabler for frontline users at the pre-sales, during sales, post-sales and policy servicing stages A Machine Learning engine aggregating information across the organization into a single knowledge platform Dynamic integration with…
Other Key Highlights: Ranked #1 in total new business premium Industry leading NBM of 27.5% Solid Operating return on EV of 19.6% Term APE growth of 43% Healthy PATGrowth of 10% MUMBAI, OCTOBER 23, 2019 (GPN): The Board of Directors of HDFC Life approved and adopted today the consolidated andstandalone audited financial results for the half year ended September 30, 2019. Below is the summary of ourstandalone results: Commenting on the half year’s solid performance, Ms.Vibha Padalkar, MD & CEO said “We have delivered strongperformance across all key metrics and have continued to sustain our profitability. Despite a challenging macro-environment, we have grown by 35% on Individual WRP, compared to industry growth of 11%.This has enabled us toincrease our market share by 220 basis points to 15.2%. Our diversified distribution mix is underpinned by the stronggrowth of our proprietary channels, coupled with steady performance across our corporate partners. We remaincommitted to tap the immense protection and retirals opportunity in India. We expect our continued product innovationand advancements in the use of technology to sustain our performance across business cycles. These factors put usin a good position to harness the longterm growth potential of the life insurance industry and…
