Page 3 - Hdfc Life

HDFC Life crosses Rs 3 trillion in AUM, reinforcing investment discipline

HDFC Life's Assets Under Management Cross Rs. 3 Lakh Crore

HDFC Life launches health cover for Indian students studying overseas

HDFC Life on Tuesday launched a new cashless health policy for desi students pursuing education overseas, the premium for which will have to be paid in US dollars. The global student healthcare plan is designed for students in the 12-40 age bracket presently pursuing higher education abroad or aspire to pursue higher international education, the company said in a statement. The offer is being made from its Gift City IFSC unit -- HDFC Life International, which is the first overseas branch of HDFC International Life and Re, a life and health reinsurer based in DIFC, Dubai. The plan, available in four options, provides coverage of up to USD 3 million, offering flexibility in cover terms ranging from three months to one year, the insurer said. The plan offers a host of benefits and features designed to address the diverse healthcare needs and potential health contingencies allowing worldwide access to top-notch medical facilities outside the country, with a network of hospitals, clinic

HDFC Life International launches health plan for overseas Indian students

The plan enables customers to access top private medical facilities and services while avoiding the conventional hassle of going through lengthy appointment wait times, as seen in various countries

Banks must be allowed to lend for land to developers: Parekh at BS IMLC

At the BS IML Conclave, Deepak Parekh said that some incentives must be provided to the developers to make affordable homes

Lower growth estimates likely to keep HDFC Life stock under pressure

HDFC Life reported Q3FY24 annual premium equivalent (APE) at Rs 3,190 crore which was more than 10 percent below consensus and down 4.5 percent Y-o-Y

HDFC Life Q3 results: Profit rises 16% on higher investment income

The insurer's profit after tax rose to 365 crore rupees ($44.02 million) for the three months ended Dec. 31 from 315 crore rupees a year earlier

Premium, terms, returns of various retirement plans explained in table

Policybazaar table lists pension offers of various financial companies

HDFC Life Q2 net profit up 15.5% to Rs 376.77 crore; VNB margins moderate

For the April-Sep period, net profit increased 15 per cent year-on-year to Rs 792 crore on the back of a healthy back book surplus

Robust growth ahead for pvt insurers; HDFC Life may see stronger momentum

HDFC Life may see stronger momentum as merger synergies kick in

Sold Credila as merger required lengthy regulatory approval process: Parekh

On July 1, housing finance major HDFC completed the reverse merger with its subsidiary HDFC Bank

Changes in insurance sector will help create value for customers: Parekh

The massive changes taking place on the regulatory front in the insurance space will help in ease of doing business, encourage development of longer-term products and improve persistency, thereby creating value for customers, according to HDFC Life Chairman Deepak Parekh. Addressing the company's 23rd annual general meeting, Parekh, who till June 30 was the chairman of HDFC which got merged with HDFC Bank, said several changes that the regulator Irdai is proposing would enhance insurance penetration, facilitate sustainable growth and ease the operating environment. The regulator has already introduced use and file regime for faster product launches and revised the expenses of management and commission guidelines to provide greater flexibility to companies to manage their cost structures. These regulations will increase the ease of doing business, encourage development of longer-term products, improve persistency, thereby creating value for customers, Parekh said. Further, he said

HDFC Life to get biz opportunities from HDFC merger, says Deepak Parekh

Further, granting of composite licenses, enabling distribution of other financial products by insurers

In HDFC Bank integration process, 70% of HDFC top executives to retire

The absence of the leadership from HDFC is likely to make the integration process smoother and faster as the leadership from the HDFC bank will drive the process

Sensex & Nifty hit record high on Dalal Street

A wonderful Wednesday for Dalal Street as markets touch fresh life-time highs! The benchmark indices the S&P BSE Sensex hit a record high of 64,000-mark, while Nifty50 claimed an all-time high. >

Stocks to Watch: IndusInd Bank, Ipca Lab, Infosys, ICICI Securities, RVNL

Stocks to Watch on June 26, 2023: The Hinduja Group is in talks to invest Rs 10,000 crore to hike its stake in IndusInd Bank, as per media reports

Regulator IRDAI approves transfer of HDFC Life shares to HDFC Bank

HDFC announced a $40 billion deal last year to merge with the top private lender

Stocks to watch: Coal India, Shriram Finance, HDFC Life, GR Infra, Pidilite

Stocks to watch on June 21, 2023: From Coal India to Shriram Finance, here are the top stocks to watch in Wednesday's trading session

Sensex slips 347 pts on profit-taking, Nifty holds 18,500; RIL, SBI dip 2%

Stock market live updates: At 7:15, the SGX Nifty futures were down around 30 points at 18,680

Stocks to watch: Adani Ports, NMDC, HDFC Life, Apollo Hospitals, PTC Inds

Stocks to watch on May 31, 2023: From Adani Ports to Sun Pharma, here are top stocks to watch in Wednesday's trading session

Axis Bank, L&T, Thermax: Chris Wood rejigs India equity portfolio

Chris Wood has added Axis Bank and increased holding in Larsen & Toubro in India long-only portfolio Asia ex-Japan, excludes ICICI Lombard General Insurance.