ALM Strategy and Insurance Market Opportunities

Robust delivery across key metrics (1/2) Sustained performance Individual WRP Individual NOP (in '000s) 15.7% Pvt. mkt share 16.1% Overall 10.2% 10.3% mkt share 10% Strong CP volumes on the back of higher disbursements¹ Rs bn 55% 46% 28% 77.4 45.1 476.2 53.0 42.0 41.1 434.7 34.2 H1 FY23 H1 FY24 H1 FY23 H1 FY24 YoY Growth Balanced product mix 1. 2. 7 17% Total APE 4% 8% 25% 24% 24% 18% FY21 FY22 FY23 H1 FY24 YoY Growth Focus on diversified channel mix² Total NBP 15% 10% Par 7% 6% 11% 7% 13% 14% 18% 20% 19% 19% 11% 13% 11% Non Par Savings ULIP 61% 60% 65% 11% 56% Protection Annuity 35% Group Retirals FY21 FY22 FY23 H1 FY24 ■Bancassurance ■ Direct ■ Agency ■Brokers and others Based on Credit Protect new business premium Based on Individual APE HDFC Life

View entire presentation