#HDFCLIFE has come up with its first integrated report ever for the year 2020-21
Tried to cover some insights from the report in this thread 😊🧵
Report link:
https://t.co/UEwyFs6352
@soicfinance @ishmohit1 @suru27 @aditya_kondawar @dmuthuk @itsTarH @HDFCLIFE
Retweet pls 👍🏼
REFLECT :: RESHAPE :: RESURGE
Vision to be the most successful and admired life insurance company, which means that we are the most trusted Company, the easiest to deal with, offer the best value for money and set the standards for the industry. “THE MOST OBVIOUS CHOICE FOR ALL”.
🖊 First private insurance company to get license from IRDA in 2000. Later commenced business in 2001.
🖊 Key strengths include customer centric approach, diversified distribution, balanced product portfolio, Robust risk management and digital capabilities.
🖊 It has a bouquet of innovative protection, pension, saving, investment and health solutions
🖊 20636 employees, 390 branches, 300+ partners and 1lac fin consultants
🖊 4 cr lives insured, new business sum assured 5.76 lac cr, AUM 1.74 lac cr, indian embedded value 26.6 k cr
🖊 Key 2021 figures - Total premium 38.5 lac crore, value of new business 2185 crore, PAT 1360 crore and solvency 201%
🖊 See powerful growth drivers in one of largest and under penetrated market like India. Expect Protection and Retiral segments to grow faster than Savings