From FY15 onwards, growth resumed as insurers adapted to the new regulatory environment and diversified their product mix and channels. Private sector Annual Premium Equivalent (APE) recovered to Rs 250 billion in FY15 and increased steadily to Rs 286 billion in FY16, Rs 349 billion in FY17
In the first nine months of FY2025, annual premium equivalent (APE) growth for listed private insurers ranged between 11.8-17.4 per cent, and January showed stable growth of 10-25 per cent for most players.
New Delhi [India], April 16: Max Life Insurance Company Ltd. ("Max Life" / "Company") has scaled a significant business milestone by achieving INR 1.5 Lac crores of Assets Under Management (AUM) as on 31st March 2024, registering over 20 per cent growth rate year-on-year. The achievement, re
Mumbai (Maharashtra) [India], July 19 (ANI): HDFC Life Insurance on Tuesday said its standalone net profit rose by 21 per cent year-on-year to Rs 365 crore for the quarter ended June 30 as compared to Rs 302 crore recorded in the corresponding period of the last year.
Mumbai (Maharashtra) [India], April 26 (ANI): HDFC Life Insurance Company on Tuesday said its net profit rose by 12.44 per cent to Rs 357.52 crore in the January-March quarter of 2021-22 as compared with Rs 317.94 crore recorded in the corresponding period of the previous year.