The company ranked number 2 in terms of Individual WRP with market share expanding by 235 bps from 15.2% to 17.5%. Its private market share within the group and overall new business segment stood at 27.4% and 23.3% respectively.

The company continues to maintain a balanced product mix with share of participating savings at 33% of Individual APE, non participating savings 30%, ULIPs 23%, protection 9% and annuity accounting 5%. The focus of the company on the protection segment resulted in 38% growth in the individual segment

The diversified distribution mix is evidenced by the wide spectrum of 300+ partners, including more than 50 new-ecosystem partners. This is supplemented by 420 branches across the country

The Assets Under Management increased 15%to Rs 150622 crore end September 2020 over Rs 131012 crore end September 2019. The Debt:Equity mix was 67:33, while about 97% of debt investments were in G-Secs and AAA bonds end September 2020

Networth increased by 22% to Rs 7787 crore end September 2020, while the solvency ratio of the company improved to 203% end September 2020.

Embedded Value (IEV methodology) increased 16% to yoy Rs 23332 crore with Embedded Value per share rising to Rs 115.5 per share at end September 2020.

Financial Performance H1FY2021:

HDFC Life Insurance Company has posted 6% growth in the net profit to Rs 777.18 crore in H1FY2021. Total Premium increased 14% to Rs 16045 crore in H1FY2021, aided by new business growth of 7% and 22% in renewal business. The persistency ratios continued to trend strongly across various cohorts. The value of new business (VNB) declined 12% to Rs 838 crore, while the new business margins eased to 25.1% for H1FY2021.