HDFC Life has achieved a major milestone by crossing ₹5 trillion in assets under management (AUM), marking a strong step forward in India’s journey toward better financial protection and retirement readiness. The growth reflects the increasing awareness among Indians about the need for long-term savings, insurance, and financial stability.
In the first half of FY26, HDFC Life reported steady growth across key business parameters. The company’s total premium rose 11% year-on-year to ₹36,186 crore, while new business premiums grew 10% to ₹15,093 crore. The value of new business (VNB) for the period stood at ₹2,515 crore, maintaining a healthy margin of 26%.
The company’s strong financial performance was supported by continued customer trust and a diversified product portfolio. Its protection and annuity businesses saw robust growth, catering to individuals and families seeking financial security and stable post-retirement income. Persistency ratios – a measure of policy renewals – remained high, underscoring customer loyalty and satisfaction.
HDFC Life has also emerged as one of India’s largest players in the pension and retirement segment, with annuity assets under management nearing ₹1.4 trillion. The company continues to develop products that help individuals systematically save and plan for retirement, including solutions that combine protection, investment, and income benefits.
Digital transformation remains a core focus for HDFC Life. The company is using technology to improve accessibility, simplify policy servicing, and reach new customers across India’s Tier-2 and Tier-3 cities. Its digital and assisted channels are helping bridge the insurance gap and making life cover more affordable and convenient.
In addition to its business growth, HDFC Life continues to strengthen its focus on sustainability and inclusion. The company has covered over 6.7 million lives through its microinsurance and social sector initiatives and remains committed to expanding protection coverage across underserved communities.
With a solvency ratio of 2.12x and one of the strongest balance sheets in the insurance sector, HDFC Life is well-positioned to capture future growth opportunities. The company’s consistent performance, strong capital base, and customer-centric innovations reinforce its role as a trusted name in India’s life insurance and financial planning space.
HDFC Life Insurance Company Limited is one of India’s leading life insurers, offering a wide range of products such as protection plans, savings policies, annuities, and pension schemes. Backed by a strong brand and customer-first approach, the company continues to help millions of Indians secure their financial future and plan for life’s key milestones.
