@HDFCLIFE #Q3marketupdates #Q3investorpresentations
Mkt share up 214 bps to 16.4%
NBM at 25.6%
8% Individual WRP growth compared to private industry de-growth of 6%
25.6% New Business Margin on the back of growth, balanced product mix
Mkt share up 214 bps to 16.4%
NBM at 25.6%
8% Individual WRP growth compared to private industry de-growth of 6%
25.6% New Business Margin on the back of growth, balanced product mix
17% growth in Protection (Indl) and 42% growth in Annuity in APE terms
22% growth in renewal premium with stable persistency
PAT of Rs 1,042 Cr, with growth of 6%
Solvency healthy at 202%
22% growth in renewal premium with stable persistency
PAT of Rs 1,042 Cr, with growth of 6%
Solvency healthy at 202%
Pvt mkt share rank up to 2,gain 214 bps 14.3 to 16.4%
Balanced product mix %
Savings 35
Non participating savings 30
Ulips 23
Protection 7
Annuity 5
Distribution 300+ partners
AUM 31Dec 20
1.7 lkh cr
Debt:equity mix 64:36
98% debt in Gsecs & AAA
Renewal premium growth 22%
Balanced product mix %
Savings 35
Non participating savings 30
Ulips 23
Protection 7
Annuity 5
Distribution 300+ partners
AUM 31Dec 20
1.7 lkh cr
Debt:equity mix 64:36
98% debt in Gsecs & AAA
Renewal premium growth 22%
NBM 25.6%
PAT 10.4 bn,up 6%
Solvency ratio 202%
42 % growth in annuity business
NBM %
2019 24.6
2020 25.9
9 months fy21 25.6
Strong partner ships
Hdfc bank ,Yes ,RBL , pnb housing ,Idfc 1st
etc
Sustained growth in Individual protection %
2018 2.5
9mnth fy21 3
PAT 10.4 bn,up 6%
Solvency ratio 202%
42 % growth in annuity business
NBM %
2019 24.6
2020 25.9
9 months fy21 25.6
Strong partner ships
Hdfc bank ,Yes ,RBL , pnb housing ,Idfc 1st
etc
Sustained growth in Individual protection %
2018 2.5
9mnth fy21 3
NPS - #1 with AUM 139 bn amongst pvt players ,strong growth AUM 9mnths 81%
26000 lives covered in 9mnths Fy21
5 building blocks
Insta suite
InstaInsure
Online payments & services
AI ,Big data ,Cloud
Life 99
26000 lives covered in 9mnths Fy21
5 building blocks
Insta suite
InstaInsure
Online payments & services
AI ,Big data ,Cloud
Life 99
Life insurance penetration %
Taiwan 16.5
Hong kong 18.3
Japan 6.7
China 2.3
India 2.8
Life insurance density US$
Hong kong 8979
Taiwan 4129
Japan 2691
China 230
India 58
Indias insurable population to touch 750 mn 2020
Elderly population to double 2035
Taiwan 16.5
Hong kong 18.3
Japan 6.7
China 2.3
India 2.8
Life insurance density US$
Hong kong 8979
Taiwan 4129
Japan 2691
China 230
India 58
Indias insurable population to touch 750 mn 2020
Elderly population to double 2035
Protection gap 2019
India 83%
China 70
Singapore 55
Hong kong 41
Protection gap growth rate to grow 4% per annual
Retail credit growth CAGR 18% last 10 yrs,retail indebtedness to spur need for credit life products
Only 1 out of 40 people who can afford buying insurance
India 83%
China 70
Singapore 55
Hong kong 41
Protection gap growth rate to grow 4% per annual
Retail credit growth CAGR 18% last 10 yrs,retail indebtedness to spur need for credit life products
Only 1 out of 40 people who can afford buying insurance
Indias pension mkt is under penetrated at 4.8% GDP
Increased life expectancy to lead to avg retirement period of 20 years
60+ population to triple by 2050
Total pension AUM to grow to 47 trillion by 2025
Mandatory schemes to increase coverage for org & unorganized sectors
Increased life expectancy to lead to avg retirement period of 20 years
60+ population to triple by 2050
Total pension AUM to grow to 47 trillion by 2025
Mandatory schemes to increase coverage for org & unorganized sectors
@HDFCLIFE #insurance #StockMarket #Nifty #stocks
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