HDFC Life
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About HDFC Life

HDFC Life Insurance Company Limited is a joint venture between HDFC Ltd., one of India’s leading housing finance institution and Standard Life Aberdeen, a global investment company. Established in 2000, HDFC Life is a leading long-term life insurance solutions provider in India, offering a range of individual and group insurance solutions that meet various customer needs such as Protection, Pension, Savings, Investment, Annuity and Health. As on March 31, 2020 the Company had 37 individual and 11 group products in its portfolio, along with 6 optional rider benefits, catering to a diverse range of customer needs.
HDFC Life continues to benefit from its presence across the country with 421 branches and additional distribution touchpoints through several partnerships. The partnerships comprise 270 bancassurance partners including NBFCs (Non-Banking Financial Companies), MFIs (Micro Finance Institutions), SFBs (Small Finance Banks), etc. and more than 40 new ecosystem partners. The Company is also strengthened by a strong base of financial consultants.
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Compare HDFC Life with Similar Companies
Change Company | Change Company | Change Company | ||
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Overall Rating | 3.9/5 based on 9.8k reviews | 4.1/5 based on 6.6k reviews | 4.1/5 based on 5.7k reviews | 3.9/5 based on 5.2k reviews |
Highly Rated for | Skill development Work-life balance Job security | Job security Skill development Salary | Skill development Job security Company culture | Salary |
Critically Rated for | No critically rated category | No critically rated category | No critically rated category | No critically rated category |
Primary Work Policy | Work from office 81% employees reported | Work from office 87% employees reported | Work from office 82% employees reported | Work from office 78% employees reported |
Rating by Women Employees | 3.8 Good rated by 2.1k women | 3.9 Good rated by 1.5k women | 4.1 Good rated by 1.2k women | 3.8 Good rated by 949 women |
Rating by Men Employees | 4.0 Good rated by 7.3k men | 4.1 Good rated by 4.8k men | 4.1 Good rated by 4.2k men | 4.0 Good rated by 3.8k men |
Job security | 3.8 Good | 4.1 Good | 4.0 Good | 3.7 Good |
HDFC Life Salaries
Senior Corporate Agency Manager
Corporate Agency Manager
Business Development Manager
Bancassurance Manager
Sales Development Manager
Deputy Manager
Senior Associate
Manager- Corporate Sales
Relationship Manager
Sales Manager
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HDFC Life News
Broker’s call: HDFC Life (Buy)
- HDFC Life Insurance reported a 15.7% increase in net premium income, driven by strong growth in single and renewal premiums.
- Company's annualised premium equivalent (APE) rose 9.7% to ₹5,186 crore and New Business Premium (NBP) increased 15.1% to ₹10,969 crore in the quarter.
- Management expects moderate growth in H1-FY26 due to high base effect but anticipates a recovery in H2FY26, with overall growth expected to be in the mid-teens for FY26.
- Maintaining a Buy rating on HDFC Life with a target price of ₹870, valuing the company at 2.6x FY27E EV. The outlook remains positive driven by product mix, distribution strength, and technological innovation.

The Changing Face Of BFSI— Read Motilal Oswal's Thematic View; HDFC Bank, Angel One, Home First Among Top Bets
- Motilal Oswal's thematic view on the changing face of the BFSI sector.
- HDFC Bank, Angel One, and Home First are among the top bets in the sector.
- HDFC Life and ICICI Lombard are preferred in the insurance sector.
- In the capital markets, Motilal Oswal favors HDFC AMC, Nuvama, CAMS, and Angel One.

Nifty Prediction today – Apr 21, 2025: Index set to stay bullish for today
- The Nifty index is expected to stay bullish for today with a strong buying trend and broad-based buying.
- Top gainers include IndusInd Bank and Tech Mahindra, while Adani Ports and HDFC Life are the top losers.
- Nifty PSU Bank and Nifty Private Bank are the top gaining sectors, while Nifty FMCG and Nifty Media are the only losing sectors.
- The Nifty futures for April 21, 2025, are trading at 24,050, with a possibility of rising to 24,200 and 24,500.

Stocks To Watch Today: Infosys, HDFC Bank, ICICI Bank, Adani Ports, GAIL, Kolte-Patil Developers
- Stocks to watch today include Infosys, HDFC Bank, ICICI Bank, Adani Ports, GAIL, and Kolte-Patil Developers.
- Other stocks in focus before trading are Divi’s Laboratories, Zydus Lifesciences, and Tata Consultancy Services.
- Adani Ports announced acquisitions in Australia to boost cargo capacity significantly by 2030.
- Kolte-Patil Developers reported impressive fiscal 2025 sales and growth in project launches and collections.
- Zydus Lifesciences and Divi's Laboratories entered strategic agreements for technology commercialization and capacity expansion.
- GAIL faces a review of its integrated network tariff by the Petroleum and Natural Gas Regulatory Board.
- HDFC Bank and ICICI Bank posted their Q4FY25 earnings with positive growth in net profit and NPA figures.
- Yes Bank, HDFC Life Insurance, Infosys, Tata Elxsi, and other companies shared their financial results for Q4FY25.
- Earnings of companies like Mastek Ltd., Just Dial, Jio Financial Services, and more were also highlighted.
- Various developments, appointments, acquisitions, and financial outcomes across different sectors were reported for the day.

Stock Recommendations Today: HDFC Bank, ICICI Bank, HDFC Life On Brokerages' Radar
- HDFC Bank and ICICI Bank were highlighted by analysts for strong operating performances and resilient asset quality in the March quarter, with Jefferies and CLSA showing bullish stances on ICICI Bank.
- Brokers had mixed reactions on HDFC Bank, as Jefferies foresaw a rebound year ahead, while Macquarie awaited clearer improvement in growth and margins.
- Analysts had differing views on HDFC Life Insurance, with concerns raised regarding regulatory risks and future growth potential in the value of new business.
- Jefferies retained a 'buy' rating on HDFC Bank, raising the target price and expecting improved earnings and credit growth in the upcoming fiscal years.
- Macquarie maintained an 'outperform' rating on HDFC Bank, awaiting visible growth and margins improvement with a focus on net interest margins and overall banking system growth.
- For ICICI Bank, CLSA and Jefferies held positive outlooks, with CLSA mentioning a strong fourth quarter and Jefferies acknowledging strong performance and asset quality improvements.
- HDFC Life saw ratings upgrades and downgrades from Morgan Stanley, Macquarie, and Jefferies, reflecting varied opinions on value of new business growth and regulatory uncertainties.
- Overall, analysts are closely monitoring stock recommendations for HDFC Bank, ICICI Bank, and HDFC Life based on the latest financial performances and future growth outlooks.

Stock Market Today: All You Need To Know Going Into Trade On April 21
- India's benchmark equity indices closed higher for the third consecutive session on Thursday, with NSE Nifty 50 rising 1.77% and BSE Sensex going up by 1.96% to record their best week in four years.
- Foreign portfolio investors continued to be net buyers of Indian equities while domestic institutional investors were net sellers on Thursday.
- Several notable earnings reports included HDFC Bank, ICICI Bank, Yes Bank, HDFC Life Insurance, Infosys, and Tata Elxsi, among others.
- Stocks to watch included Jubilant Pharmova, Shree Cement, Biocon, BHEL, Vedanta, Cipla, Divi’s Laboratories, and National Fertilizers, among others.
- In trading tweaks, price band changes were noted for Diffusion Engineers, while Nifty April Futures saw an increase and a fall in open interest.
- The Indian rupee appreciated by 31 paise against the US dollar, closing at 85.38, supported by foreign inflows and stable market sentiment.
- Key developments in bulk deals and trading tweaks were observed for Coforge, Fusion Finance, Hathway Cable & Datacom, and others in the market.
- Overall, the stock market witnessed positive movements, with key indices performing well and notable corporate updates impacting investor sentiment.
- Various sectors and companies reported financial results, strategic investments, product launches, and regulatory approvals, influencing market dynamics.
- The market closed amidst a positive outlook, with key highlights including the rupee's appreciation, trading cues, and notable moves in the stock market.
- In the midst of several corporate actions and market developments, investors remained attentive to earnings reactions, stock movements, and upcoming board meetings.

HDFC Life to continue to invest in expanding branches for business growth
- HDFC Life plans to continue investing in expanding branches for business growth.
- In the last year, HDFC Life added about 117 branches and plans to open another 80-100 branches in this fiscal year.
- The company's focus is on tier 2 and 3 cities, with a similar product mix and slightly lesser average ticket size compared to tier 1 cities.
- HDFC Life's net profit for FY25 rose 14.87% to ₹1,802.12 crore, with the Value of New Business (VNB) rising 13% to ₹3,960 crore.

HDFC Life Q4 Results Review: Motilal Oswal Hikes Target Price, Maintains 'Buy' Rating — Here's Why
- Motilal Oswal raises target price for HDFC Life and maintains 'Buy' rating after reviewing Q4 results.
- HDFC Life expects traditional products to perform well, benefiting from low interest rates and equity market uncertainty in FY26.
- In Q4 FY25, HDFC Life reported APE of Rs 51.9 billion, up 10% YoY, and VNB grew 12% YoY to Rs 13.8 billion.
- Motilal Oswal estimates 19% VNB CAGR for HDFC Life over FY25-FY27E and foresees improved margins in the future.

HDFC Life Insurance Q4 net up 15.76% to ₹476.54 crore on back-book profit growth
- HDFC Life Insurance reported a 15.76% increase in its net profit for Q4, reaching ₹476.54 crore.
- During Q4FY25, net premium income grew 15.99% YoY to ₹23,765.56 crore, driven by a rise in first-year and renewal premiums.
- The company's back-book generated around 18% higher profit, contributing to the overall profitability in the period.
- HDFC Life's annualised premium equivalent (APE) for FY25 grew 16% YoY, while the value of new business (VNB) rose by 13% YoY.

HDFC Life Insurance Q4 Results: Profit Rises 15.8% To Rs 477 Crore
- HDFC Life Insurance Co.'s standalone net profit rose 15.8% year-on-year in the January–March quarter to Rs 477 crore.
- The net premium income during the quarter climbed 16% year-on-year to Rs 23,766 crore.
- HDFC Life's solvency ratio increased to 194% compared to 187% in the year-ago quarter.
- Shares of HDFC Life closed 0.57% higher at Rs 720.1 on the BSE.

HDFC Life Subsidiaries
HDFC Pension
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