IRDAI slaps ₹2 cr fine on HDFC Life; shares drop 0.88%
The IRDAI identified violations related to policyholders' interests, interactions with web aggregators, and insurance distributors.
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HDFC Life Q1 profit surges 15%; AUM up 22% at ₹3 lakh cr
HDFC Life MD & CEO welcomes IRDAI's reforms, which she says will strengthen the life insurance proposition in India, making it simpler, more transparent and attractive
IRDAI hikes surrender values for non-linked products; here’s how insurance stocks react
Shares of LIC of India, SBI Life, HDFC Life, Max Financial Services gained up to 2% even after IRDAI raised surrender values.
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A young population, increasing disposable incomes, growing financial awareness and robust regulatory support are contributing to the insurance industry’s growth.
HDFC Life Insurance shares jump 4%; here’s why
The stock trades near its 52-week high of ₹659.90 touched on June 21, 2023, while it has risen 43% against its 52-week low of ₹457.95 hit on March 16, 2023.
LIC, HDFC Life shares tank as govt lifts tax exemption on high-value insurance policies
Finance Minister Nirmala Sitharaman reduced the tax exemption limit on high-value insurance policies.
HDFC Life Insurance rises 4% on huge block deal
Abrdn Plc, previously known as Standard Life, was expected to sell 4.3 crore shares in the company through a block deal at a price band of ₹564-578.5 apiece.
Sensex, Nifty to open in green; RIL, NDTV, JSW Steel, TCS, Vedanta, HDFC Life shares eyed
The Sensex and Nifty are poised to rise, in line with global peers and strong trends on SGX Nifty futures.
HDFC Life Q4 profit grows 12% to ₹357 cr, board recommends ₹1.70 dividend
HDFC Life covered 5.4 crore customers in FY22, registering an increase of 36% over FY21, and settled close to 3.9 lakh claims during FY22.
Long for when women will not be singled out: HDFC Life's Vibha Padalkar
The managing director and CEO, HDFC Life, resists the idea of being called a woman CEO. However, she believes that we have to start somewhere.
