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Life Insurance
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HDFC Life has reported its Q4 results, with profits remaining stagnant at Rs 359 crore and falling short of expectations.
HDFC Life Insurance has reported its Q4 results with profits remaining stagnant at Rs 359 crore and falling short of expectations due to the impact of the COVID-19 pandemic on the insurance industry.
In March, private life insurance companies witnessed a 35% increase in premiums, amounting to ₹23,365 crore.
The private life insurance industry in India has seen a surge in premiums in March 2021, driven by increased sales of term insurance policies, COVID-19-specific policies, and other types of life insurance products.