Dolat Capital: HDFC Life Continues To Outperform In Q2

BQ Blue’s special research section collates quality and in-depth equity and economy research reports from across India’s top brokerages. These reports offer BloombergQuint’s subscribers an opportunity to expand their understanding of companies, sectors and the economy..Dolat Capital Report.HDFC Standard Life Insurance Company Ltd. reported a strong set of numbers with gross written premiums increasing 35% YoY to Rs 102 billion in Q2 FY21.Renewal premium collection continued to be strong, up 21% YoY to Rs 43 billion.Annual premium equivalent growth was robust at 21% YoY to Rs 21.4 billion driven primarily by the savings business, which grew 27% YoY to Rs. 18.9 billion.We expect HDFC Life to continue to outpace the private players going forward.Growth in the savings portfolio was led by the Sanchay Par product which saw strong demand through the bancassurance and agency channel..Click on the attachment to read the full report:.DISCLAIMERThis report is authored by an external party. BloombergQuint does not vouch for the accuracy of its contents nor is responsible for them in any way. The contents of this section do not constitute investment advice. For that you must always consult an expert based on your individual needs. The views expressed in the report are that of the brokerage and do not represent the views of BloombergQuint..Users have no license to copy, modify, or distribute the content without permission of the Original Owner.

Dolat Capital: HDFC Life Continues To Outperform In Q2

Dolat Capital: HDFC Life Continues To Outperform In Q2

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