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The Latest Breaking News from HDFC Life

LIC, HDFC Life, other stocks rise up to 3% as Aug new business premium jumps 33% YoY. What Nuvama, others are saying

Life insurers reported a 33% YoY increase in total new business premium to Rs 41,198 crore in August, led by a sharp rise in group single-premium business. LIC posted more than 45% growth, while SBI Life and HDFC Life saw stronger retail-weighted premium growth.

The Economic Times

HDFC Bank CEO race: Who could be in the running to succeed Sashidhar Jagdishan?

HDFC Bank is actively searching for a new chief executive officer. The bank expects to appoint an executive search firm soon. Several internal and external candidates are being considered for the top position. The new leader will focus on restoring investor confidence and driving growth. This succession occurs as the…

The Economic Times

Life insurer rejected Rs 70 lakh death claim, but consumer commission ordered it to refund Rs 7 lakh premium despite a lapsed policy; here's why

A life insurer denied a seventy lakh death claim after a policy lapsed. The policyholder had paid seven lakh as the first year premium. The consumer commission ordered the insurer to refund this initial premium payment. This decision prevented unjust enrichment by the insurance company. Policyholders must pay premiums on…

The Economic Times

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HDFC Life rejects Rs 50 lakh insurance claim over two existing policies: Widow wins after court finds the proposal form never asked about other insurers; full payout ordered

HDFC Life rejects Rs 50 lakh insurance claim over two existing policies: A Kurnool consumer commission has ordered HDFC Life Insurance to pay Rs 50 lakh to the widow of an ICU doctor who died of cardiac arrest while on night duty. The insurer had rejected the claim citing non-disclosure…

The Economic Times

Stocks in news: Groww, Delhivery, Infosys, Wipro, IDBI Bank, Tata Elxsi

Markets traded under pressure amid renewed geopolitical concerns on Tuesday. Several companies like Groww and Infosys will be in focus today. Anand Rathi Share reported a significant profit rise for the June quarter. IDBI Bank clarified reports regarding a potential Fairfax Financial offer. Tata Elxsi announced an 18.2% profit increase…

The Economic Times

HDFC Life reports 12 per cent premium growth in FY26, retail protection business rises 43 per cent

HDFC Life Insurance reported a robust 12% year-on-year growth in total premium for FY26, with its retail protection business soaring by 43%. The insurer solidified its position among the top three, achieving a 10.8% new business market share. Profit after tax reached Rs 1,910 crore, and assets under management grew…

The Economic Times

NSE IPO: NIACL, IFCI, other stocks gain up to 14% as NSE files for India's largest IPO. Who's selling stake?

Shares of IFCI, SBI, and other companies saw significant gains on Thursday. This surge followed the National Stock Exchange filing its draft IPO papers. Several companies are named as selling shareholders in the Offer for Sale component. The NSE's public issue is anticipated to be India's largest.

The Economic Times

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Promoter entities sell Rs 153 crore worth shares in Motilal Oswal block deal; HDFC Life picks up stake

Two promoter-group charitable entities of Motilal Oswal Financial Services sold shares worth about Rs 153 crore through block deals, with HDFC Life acquiring the entire stake. The transaction reflects strong institutional interest in financial-sector stocks and does not indicate any change in promoter control.

The Economic Times

Life insurers' new business premium up 17% at Rs 36,367 crore in September: Irdai

NEW DELHI: The new business premium income of domestic life insurance companies rose by 17.3 per cent to Rs 36,366.53 crore in September of this fiscal year, data from Irdai showed on Tuesday.

The Times of India

HDFC Life Q4 net up 12% to Rs 358 crore; full-year earnings fall 11% on Covid claims, plunging investment gains

MUMBAI: HDFC Life Insurance on Tuesday reported a 12.4 per cent growth in net income at Rs 357.52 crore for the March quarter despite a fall in income, but a steep plunge in investment gains and Covid claims crimped the bottomline for the full year by 11 per cent to…

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