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Home / Companies / News / HDFC Life's PAT rises 5.6% to Rs 326 cr in Q2, net premium income up 35%.

HDFC Life's PAT rises 5.6% to Rs 326 cr in Q2, net premium income up 35%.

The insurer also saw a 15% rise in first year premium in Q2FY21 at Rs 1,675.15 crore, compared to Rs 1,452.72 crore in the corresponding period last year

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Term products constitute 9 per cent of the product mix and annuity constitutes 5 per cent.

BS REPORTER

3 min read Last Updated : Oct 20 2020 | 1:31 AM IST

Private sector life insurer HDFC Life’s standalone profit after tax rose 5.6 per cent in the quarter ending September (Q2FY21) to Rs 326 crore, compared to Rs 308.69 crore in the same period last year.

Net premium income of the insurer in the second quarter rose 35 per cent to Rs 10,045 crore, compared to Rs 7,453.68 crore in the year ago period. The insurer also saw a 15 per cent rise in first year premium in Q2FY21 at Rs 1,675.15 crore, compared to Rs 1,452.72 crore in the corresponding period last year. Renewal premium on the other hand grew

Topics : Coronavirus HDFC Life Q2 results Life insurers insurance policies

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