Multi-Pronged Risk Management and Protection Philosophy

Rs bn 32% 15% 17% 44% 203% 201% Stable capital position NB premium growth ■ 34 188% 184% 98.6 94.3 25.9 24.0 70.8 62.7 13.1 24.2 23.4 12.7 19.2 16.7 33.3 46.9 48.5 38.5 Mar 31, 2019 Mar 31, 2020 Mar 31, 2021 Jun 30, 2021 ASM1 RSM @100% Incremental RSM @150% Surplus Capital Solvency margin² Stable solvency ratio, augmented by steady accretion to backbook Actuarial Financial ESG 1. ASM represents Available solvency margin and RSM represents Required solvency margin 2. Investment in subsidiaries not considered in solvency margin; Excludes impact of proposed final dividend of Rs 4.1 bn, to be paid in Q2 FY22 (subject to shareholders' approval) HDFC Life

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