HDFC Life

HDFC LIFE NEWS

Parekh steps down as HDFC Life chairman

April 19, 2024 12:49 am

The board on Thursday unanimously approved the appointment of Keki M Mistry as the Chairman of the board. Mistry has been associated with the company since December 2000 and is currently a Non-Executive Director on the board.

HDFC Group launches life insurance, asset management services from GIFT IFSC

August 17, 2023 4:01 pm

HDFC International Life and Re has been set up by HDFC Life, while HDFC AMC International (IFSC) Ltd has been established by HDFC Asset Management Company to offer services to NRIs and the global Indian diaspora.

HDFC Life Q1 profit rises 15% to Rs 415 crore

July 21, 2023 3:22 pm

The total premium rose 16 per cent to Rs 11,673 crore during the quarter as compared with Rs 10,050 crore in the year-ago period, HDFC Life said.

HDFC Life Insurance stock rises 2% on Abrdn stake sale news

September 13, 2022 11:37 am

On BSE, HDFC Life stock opened at Rs 601, then gained 2.60 per cent to touch Rs 606 in initial deals. Similar movement was seen on the NSE as well, where shares of the company opened at Rs 605 apiece, then touched Rs 589.95, up 1.97 per cent from its previous closing price.

HDFC Life Q1 profit rises 21% Rs 365 cr on better sales, higher renewals

July 20, 2022 3:01 pm

Total premium rose 23 per cent to Rs 9,396 crore during the quarter from Rs 7,656 crore a year ago, the life insurer said, adding the first-year premium income rose 27 per cent to Rs 4,776 crore.

Exide Industries shares surge 15% on announcement of insurance biz sale to HDFC Life

September 03, 2021 2:39 pm

The scrip surged 14.98 per cent to Rs 204.90 apiece on the National Stock Exchange (NSE), while on the BSE it jumped 13.86 per cent to Rs 202.95 per share.

HDFC Life to acquire Exide Life Insurance for Rs 6,687 crore

September 03, 2021 10:57 am

HDFC Life will acquire 100 per cent stake in Exide Life Insurance from Exide Industries via issuance of 8,70,22,222 shares at an issue price of Rs 685 per share and a cash payout of Rs 726 crore aggregating to Rs 6,687 crore.

Max India calls off merger plan between Max Life & HDFC Life

August 01, 2017 2:40 am

Max India on Monday called off the proposed merger between Max Life and Max Financial Services with HDFC Standard Life Insurance due to inordinate delays.

Three simple steps to a hassle-free insurance claim

January 27, 2014 4:32 am

Most insurance claims are rejected due to non -disclosure of material facts at the time of signing the contract.

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