
HDFC Life Insurance Company Ltd
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HDFCLIFE
Past performance
About HDFC Life Insurance Company Ltd HDFC Life Insurance Company Limited, a joint venture between HDFC Limited and Abrdn plc, is a prominent provider of life insurance solutions in India. Established in 2000, the company offers a wide array of products, including protection, pension, savings, investment, annuity, and health plans, catering to individual and group needs. With a strong distribution network of 498 branches, HDFC Life maintains a diversified product portfolio and has consistently expanded its offerings, such as HDFC Life Sanchay Plus and HDFC Life Saral Jeevan Bima.
The company has shown significant financial growth, with total premiums reaching Rs 38,583 crore in FY 2020-21 and assets under management of Rs 204,170 crore as of March 31, 2022. HDFC Life has also expanded internationally with a subsidiary in the UAE for reinsurance and acquired Exide Life Insurance, enhancing its market presence. The company's strategic focus on innovation and customer-centric products has fortified its leadership position in the insurance sector.
Performance overview
