Project Inspire: 'Future Proofing' HDFC Life slide image

Project Inspire: 'Future Proofing' HDFC Life

Robust delivery across key metrics (1/2) Sustained performance Individual WRP Pvt. mkt share 15.8% YOY growth Individual NOP (in '000s) 16.4% 12% 19.0 16.9 Q1 FY23 Balanced product mix Total APE 18% 190.6 Strong CP volumes on the back of higher disbursements¹ Rs bn -19% 55% 46% 37% 9% 77.4 206.9 53.0 34.2 Q1 FY24 Q1 FY23 Q1 FY24 YoY Growth FY21 FY22 19.6 FY23 Q1 FY24 YoY Growth Focus on diversified channel mix² Total NBP 4% 8% 9% 16% 21% Par 7% 6% 11% 8% 13% 14% 20% 20% 19% 19% 12% 13% 11% Non Par Savings 9% ULIP 61% 19% 27% 21% 60% 56% 61% Protection Annuity 37% Group Retirals FY21 FY22 FY23 ■Bancassurance ■Direct ■Agency 1. Based on Credit Protect new business premium Based on Individual APE Note: Q1 FY24 and Q1 FY23 growth numbers have been computed after factoring in Exide Life WRP in the prior period 2. 7 Q1 FY24 ■Brokers and others HDFC Life
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