ALM Strategy and Insurance Market Opportunities
Financial and operational snapshot (1/2)
Rs bn.
H1 FY24
H1 FY23*
Growth
FY23*
FY22
FY21
New Business Premium (Indl. + Group)
Renewal Premium (Indl. +Group)
Total Premium
Individual APE
129.7
113.2
15%
290.9
241.5
201.1
136.4
120.1
14%
284.5
218.1
184.8
266.1
233.3
14%
575.3
459.6
385.8
44.8
41.1
9%
114.0
81.7
71.2
Overall APE
53.7
49.1
9%
133.4
97.6
83.7
Profit after Tax
7.9
6.9
15%
13.6
12.1
13.6
-Policyholder Surplus
3.4
4.5
-25%
5.9
4.4
7.3
- Shareholder Surplus
4.6
2.4
90%
7.7
7.7
6.3
Dividend Paid
4.1
3.6
14%
3.6
4.1
Assets Under Management
2,648.7
2,249.0
18%
2,387.8
2,041.7
1,738.4
Indian Embedded Value
429.1
360.2
19%
395.3
329.6
266.2
Net Worth
(1)
133.8
122.8
9%
129.7
154.0
84.3
NB (Individual and Group segment) lives insured (Mn.)
33.2
28.5
16%
68.5
54.1
39.8
No. of Individual Policies (NB) sold (In 000s)
476.2
434.7
10%
1,054.1
915.1
982.0
1.
Comprises share capital, share premium and accumulated profits/(losses)
29
* H1FY23 and FY23 numbers are on a merged basis
HDFC
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