We continue to be excited about the growth prospects of the industry, on the back of renewed support and encouragement from the regulator. We are enthused by the regulator’s vision of significantly improving the global ranking of Indian life insurance from its current no. 10 position to no. 6 and look forward to being a meaningful contributor in this journey.
Vibha Padalkar, MD and CEO on Q2FY23 Results
HDFC Life Insurance Co. Ltd.’s net profit grew by 19% for the quarter ended September 30, 2022 from the corresponding quarter a year ago. The total income grew 12% YoY relative to the corresponding quarter a year ago.