HDFC Operational & Financial Highlights
HDFC
WITH YOU, RIGHT THROUGH
HDFC ERGO GENERAL INSURANCE COMPANY LIMITED (HDFC ERGO)
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HDFC holds 49.98% and ERGO International AG holds 48.99% of the equity of HDFC ERGO
Gross direct premium for nine months ended December 31, 2022 stood at Rs. 119.33 bn (PY:
Rs. 95.47 bn)
Products: Motor, health, travel, home and personal accident in the retail segment; property,
marine, aviation and liability insurance in the corporate segment; and crop insurance in rural
segment
Retail accounts for 61% of the total business
Market share of 10.5% (private sector) and 6.4% (overall) in terms of gross direct premium
for the period ended December 31, 2022 (Source: Gl Council)
As at December 31, 2022: Solvency Ratio - 174% (as against regulatory requirement of 150%)
Profit after tax for nine months ended December 31, 2022: Rs. 4.47 bn (PY: Rs. 3.23 bn)
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