HDFC Life Insurance Company Ltd operates in the Life insurance sector.
In addition to historical fundamental analyses, the complete report available to purchase compares HDFC Life Insurance Company Ltd with three other
companies in this sector in India:
Bajaj Finserv Limited
sales of 426.06 billion Indian Rupees [US$5.91 billion]
of which 57%
Icici Prudential Life Insurance Company Ltd
(414.72 billion Indian Rupees [US$5.75 billion]
of which 66%
was Linked Life), and
General Insurance Corp Of India
(446.67 billion Indian Rupees [US$6.19 billion]
of which 63%
was MISCELLANEOUS INSURANCE).
HDFC Life Insurance Company Ltd reported sales of 378.57 billion Indian Rupees (US$5.25 billion)
March of 2019.
increase of 17.3%
versus 2018, when the company's sales were 322.86 billion Indian Rupees.
Sales at HDFC Life Insurance Company Ltd have increased during each of the previous five years
(and since 2014, sales have increased a total of 150%).
Sales of Non Participating - Annuity saw an increase
that was more than double the company's growth rate: sales were up
134.7% in 2019, from
12.46 billion Indian Rupees to 29.24 billion Indian Rupees.
HDFC Life Insurance Company Ltd also saw significant increases in sales in
Non Participating - Individual and Group L (up 49.6% to 71.70 billion Indian Rupees)
Non Participating - Pension Group Variab (up 47.9% to 11.59 billion Indian Rupees)
Non Participating - Life Group Variable (up 86.9% to 11.48 billion Indian Rupees)
Not all segments of HDFC Life Insurance Company Ltd experienced an increase in sales in 2019:
sales of United Linked - Group Life fell 15.5% to 9.12 billion Indian Rupees.
(However, this segment's sales were only a very small portion of the company's overall sales).
HDFC Life Insurance Company Ltd also experienced decreases in sales in
Participating-Individual and Group Life (down 0.5% to 75.69 billion Indian Rupees)
Unit Linked - Individual Pension (down 2.9% to 18.71 billion Indian Rupees)