HDFC Life Insurance

GST Adjudicating Authority upheld a tax demand of Rs 2,400 crore against HDFC Life Insurance, which could set a precedence for others in the insurance industry

CSR represents the percentage of claims settled by an insurer within a financial year

HDFC Life believes that the life insurance industry is well positioned to address the opportunities in the protection, retirement and long-term savings segments

Bancassurance is a partnership between banks and insurance companies to sell insurance products through bank branches

Following the earnings announcement, the company's share price closed nearly 8 per cent higher than the previous day's close

Nomura, which previously downgraded the stock to Neutral in Q2FY25 due to concerns about surrender value impact, slowing growth, and higher valuations, has now upgraded its rating to 'Buy'

The near-term bias for HDFC Life and LTTS is expected to remain upbeat as long as the stocks trade above Rs 643 and Rs 5,090 levels; suggests the technical charts.

Shares of HDFC Life, ICICI Prudential, SBI Life and Max Financial Services are up in the range of 5 per cent and 10 per cent

Stocks to Watch Today, January 16: Axis Bank, DB Corp, Hatsun Agro, Havells India, Infosys, LTIMindtree, Metro Brands, Reliance Industries, and Waaree Renewable will report their Q3 results today

The value of new business (VNB) rose 8.6 per cent YoY to Rs 930 crore in Q3 FY25, compared to Rs 856 crore in the same period last year

HDFC Life on Wednesday reported a 14 per cent rise in net profit to Rs 415 crore in the December quarter. The private sector insurer's profit stood at Rs 365 crore in the year-ago period, HDFC Life said in a regulatory filing. However, total income declined to Rs 16,914 crore in the latest quarter from Rs 26,694 crore in the year-ago period. The company's solvency ratio also declined to 188 per cent from 190 per cent as on December 31, 2023 as against the regulatory requirement of 150 per cent. For the nine-month period ended December, the life insurer posted a profit of Rs 1,326 crore as against Rs 1,157 crore in the corresponding period a year ago.

In one month, the stock prices of ICICI Prudential, HDFC Life and SBI Life have fallen between 6 per cent and 10 per cent, as against the 2 per cent decline in BSE Sensex

HDFC Life Insurance - the second largest life insurer in the country - has increased their term life insurance premiums by about 5 per cent for Rs 50 lakhs and above, as per distributors

According to the latest data, HDFC Life distributes 65 per cent of its insurance policies through banking channels, followed by SBI Life (60 per cent), Max Life (52 per cent), and ICICI Prudential

HDFC Life said that it has launched an "information security assessment and data log analysis" to trace the root cause

Stocks to Watch, Nov 26: Here is a list of stocks that will be in focus for today's session

Previously, Star Health and Allied Insurance had to launch a forensic investigation, led by independent cybersecurity experts, into a cyberattack it was subjected to

The company, in a statement, did not elaborate if it knew or was told how the source had obtained the data. It also did not specify what data was shared, nor the extent of the data

Stock Market Today: Tata Motors-owned Jaguar Land Rover reported a 36 per cent year-on-year increase in retail sales for the first half of the fiscal year

She talks about the company's Q2 performance and the way forward