News From Press HDFC Life outperforms peers, SBI Life gives tough fight on valuations

HDFC Life outperforms peers, SBI Life gives tough fight on valuations

Source: Mint Apr 30, 2019

HDFC Life Insurance Co. Ltd’s profitability metrics for FY19 outshone those of its closest rivals SBI Life Insurance Co. Ltd and ICICI Prudential Life Insurance Co. Ltd.

HDFC Life reported growth of 13% in annualized premium equivalent (APE), slower than its past performance. But its rival ICICI PruLife reported no growth at all. SBI Life did marginally better with 14% growth in APE.

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