Browsing: HDFC Life

Following the tragic Ahmedabad plane crash, major Indian insurers have introduced special measures to expedite claim settlements for the victims’ families.

Global brokerage HSBC remains optimistic about the life insurance sector, citing limited earnings risks and supportive valuations despite recent market gains.

HSBC remains positive on life insurance sector, increasing price targets for SBI Life, HDFC Life, and ICICI Prudential

Examining the practices of insurers in India regarding home loan insurance policies, particularly their tendency to reject claims based on pre-existing conditions like diabetes despite legal precedents.

Shares of listed life insurance companies surged up to 4% on the BSE, with Max Financial Services and HDFC Life Insurance Company reaching all-time highs.

The life insurance industry in India experienced robust growth, with assets under management (AUM) reaching Rs. 62 lakh crore in March 2024. This represents a significant increase from Rs. 55 lakh crore in March 2023, according to data from the Insurance Regulatory and Development Authority of India (IRDAI).

HDFC Life emerges as a standout performer amidst a challenging landscape for the life insurance industry.

HDFC Life Insurance stated that a previous data theft did not have a significant impact on their operations.

HDFC Life Insurance Company announced that a data theft incident reported in November 2024 has been resolved with no significant adverse effects.

HDFC Life has launched a new life insurance plan, HDFC Life Click 2 Achieve Par Advantage, designed to support financial goals. The plan offers flexibility, long-term security and the option to extend coverage to a spouse.