Wed, Oct 16, 2024
Even as HDFC Life posted good Q2, the stock saw mixed response from brokerages.
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Tue, Oct 15, 2024
HDFC Life Q2 Results: HDFC Life Insurance Company, a Mumbai-headquartered life insurer, reported its quarterly financial results on Tuesday, October 15. The life insurance company's stock slipped into the red after the earnings release.
HDFC Life Q2 Earnings Preview: HDFC Life Insurance Company is estimated to register a 25.3 per cent increase gross premiums to Rs 1,873 crore for the July-September quarter, according to Zee Business research. Read on to learn more about what analysts expect in the Mumba-headquarter life insurer's upcoming earnings report.
Tue, Apr 27, 2021
Ignoring the weak trend in Asian markets, domestic stock markets were trading at with a gain of around 0.80% in Tuesday’s noon deals amid a healthy buying in metal.
Wed, Feb 10, 2021
Nomura says MSCI rebalancing which will happen on 26th Feb Friday will see $494 mn buying in Bharti Airtel, $59.5 mn buying in Indus Towers, $45.8 mn buying in HDFC Life and $16.7 mn in ICICI Lombard General Insurance. There will be some selling in Reliance Industries, Infosys, HDFC and ICICI Bank. India's weight will go up by 5.61 bps according to MSCI.
Tue, Feb 02, 2021
The Union Budget 2021-22 highlights a significant shift in the government’s fiscal policy stance. Growth has taken precedence over fiscal prudence and the government proposes to substantially increase outlay for healthcare, infrastructure development & other capital expenditure programs. The Union Budget proposes pragmatic measures to raise resources through aggressive privatisation and monetisation of assets of public sector entities.
Mon, Feb 01, 2021
HDFC Life delivered an 18% yoy increase in annual premium equivalent (APE) and a 180bp rise in the new business value (NBV) margin leading to a 27% rise in NBV. APE and NBV were 3% and 4% above our expectation, respectively in Q3 FY21. The share of protection APE fell 345bp to 13.3% 3QFY21. APE grew due to 19% yoy growth in individual APE and a 36% yoy rise in group savings.
Mon, Jan 25, 2021
For Q3 FY21, HDFC Life Insurance results were mixed, with operational results coming below estimates, but gain in market share with NBM margins improvement sequentially was encouraging, indicating steady recovery from the impact of Covid-19. Better premium recovery mom helped HDFC Life Insurance post market share gain in 9M FY21 to 16.4%, up 214 bps yoy.
Fri, Jan 15, 2021
Sharekhan continues to prefer HDFC Life Insurance for its strong business franchise, backed by favourable product/distribution mix and a higher bancassurance channel sourcing, which helps the company report the industry’s best (higher and sustainable) margins. Sharekhan expects the government to provide favourable policy steps for the insurance industry (including life as well as non-life segments) in the Union Budget because of COVID-19 crisis.
Tue, Jan 05, 2021
During the quarter ended Dec 31, 2020, pursuant to the buyback option embedded in the home loan arrangement between the HDFC and HDFC Bank, the company assigned loans to the bank amounting to Rs 7076 cr compared to Rs 4258 cr in the corresponding quarter of the previous year. Individual loans sold in the preceding 12 months amounted to Rs 16956 cr (Previous Year: Rs 21066 cr).
Tue, Dec 15, 2020
The Nifty opened with a gain of 60 points on December 14, 2020, in line with strong cues from global markets. Thereafter, the Nifty went in negative zone due to profit booking at higher levels. Barring Nifty Auto and Reality indices, all other indices closed in the positive zone rising by 1-2%. In the afternoon, the Nifty managed to turn positive aided by buying at lower levels. Stocks like ONGC, LT, CIPLA, COALINDIA and IOC were top gainers that rose by 3-4%, while stocks like EICHERMOT, HEROMOTOCO, M&M, HDFCLIFE and TECHM were top losers that fell by 2-3%. The Nifty closed at around 13568 levels with a gain of 0.21%.
Thu, Dec 10, 2020
Strong private players are expected to continue to gain. Sharekhan believes most bank-backed insurance companies are showing resilience, along with players such as Bajaj Allianz Life Insurance Company and Max Life Insurance who also have strong and stable bancassurance partners. Among major players, HDFC Life outperformed peers, aided by its higher protection share, improving prices, and resumption of bancassurance channels business. Sharekhan believes the private insurance sector has generally been agile and were quick to deploy digital tools and operational tweaks to ensure business growth and continuity.
Tue, Dec 01, 2020
The Jefferies India Internet summit will feature a multitude of leading internet companies (both listed and unlisted), several large listed Indian companies leveraging internet and specialist speakers. This note summarises information on the presenting companies and speakers at the summit including Dream 11, Mobile Premier League, Paytm, Infoedge, MakeMyTrip, HDFC Life, Titan and others.
Thu, Nov 26, 2020
The nation is facing an unprecedented challenge with communities and economies everywhere affected by the growing COVID-19 pandemic. But people are coming together to combat the COVID-19 pandemic bringing governments, organizations from across industries and sectors and individuals together to help respond to this global outbreak
Wed, Nov 25, 2020
HDFC Life has also forged links with Yes Bank and SBI Securities. A key negative for HDFC Life is that mortality experience has been slightly worse than the past, but the company has reserves for that; guaranteed return book is well hedged. Medium term focus will be to scale-up agency and maintain a balanced mix of premiums and channel contribution.
Mon, Nov 23, 2020
The industry witnessed improvement in Q2 FY21 with gradual lifting up of the lockdown and restarting of economic activities. Also, insurance companies benefited from their continued efforts towards pushing their online channels and other digital platforms for customer acquisition and uninterrupted services.
Thu, Nov 19, 2020
Term protection remains a key focus segment for all life insurers given its structural growth outlook, and protection pricing should stabilise by the second half of FY21. CLSA upgraded all life insurance stocks to BUY in Q2 FY21 driven by expectations of a structural growth opportunity with a 15%-20% VNB (Value of New Business) CAGR over FY21-23CL; CLSA maintains their positive view on the Life insurance space.
Mon, Nov 02, 2020
HDFC Life is well positioned for long term growth given its strong market position.
Tue, Oct 20, 2020
HDFC Life reported improvement in new business APE (Annual Premium Equivalent), led by Individual Protection / PAR (Performance Average Rating).
Private life insurer HDFC Life on Monday reported a 5.64 per cent rise in standalone net profit to Rs 326.09 crore in the second quarter ended September 30, compared to Rs 308.69 crore in the year-ago period
Wed, Sep 23, 2020
Yes Bank Share Price: HDFC Life has joined hands with Yes Bank to sell insurance policies to the bank's customers across the country.
Stocks in Focus on September 23: Yes Bank, Chemcon Speciality IPO, CAMS IPO, Indian Oil, HDFC Life, etc. are expected newsmakers throughout the intraday trade session.
Fri, Sep 18, 2020
Vibha Padalkar, MD & CEO, HDFC Life, talks about the challenging times of COVID, the strategy adopted to increase the market share, inorganic growth opportunities and growth in renewal premium and term policy among others during an exclusive interview with Zee Business Executive Editor Swati Khandelwal
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