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Indian insurer HDFC Life’s new business growth slows

India’s HDFC Life Insurance Company posted a fall ​in quarterly new business value on Thursday while reporting ‌a slight profit rise, driven by policy renewals.

India’s tax cuts in September have boosted retail insurance demand but analysts had forecast a soft quarter ​for HDFC Life with new business growth slowing due ​to weaker sales through banks and as volatile markets ⁠made customers wary about market-l… [950 chars]

Source: Reuters | Published: 2026-04-16T10:54:22Z

Credit: Reuters

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