Vibha Padalkar

HDFC Life declares all-time high bonus of Rs 3,722 crore for policyholders

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HDFC Life declares all-time high bonus of Rs 3,722 crore for policyholders

HDFC Life has announced its highest-ever bonus of Rs. 3,722 crore on participating plans. According to the insurance provider, this significant bonus is set to benefit approximately 22.23 lakh policyholders. Participating plans or par plans are a distinctive type of life insurance policy that allow policyholders to share benefits in company profits in the form … Read more

HDFC Life Q4 net profit up 15% on strong renewals

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HDFC Life Q4 net profit up 15% on strong renewals

Mumbai: HDFC Life has reported a 15% increase in the fourth-quarter net profit at ₹412 crore, backed by strong policy renewals. During the same quarter, in the previous year, the company had reported a profit of ₹358 crore. The insurer generated 18% growth in back-book surplus during the year. The company’s total annualised premium equivalent … Read more