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Investor Presentaiton

2 Executive summary: 9M FY24 Revenue & Scale Profitability & Cost I 1. 2. $ Customer & Capital Growth 6% Individual % CY 26.5% ***** CY 86% New Business Margin (NBM) PY 26.5% + 13th month persistency PY 87% WRP Market Share 15.0% Rs (Bn.) 220.4 Renewal premium EO Growth 15% Value of New Business (VNB) Rs (Bn.) 22.7 Claim settlement ratio (FY23) Growth 5% Overall 99.7% Individual 99.3% Rs (Bn.) 2,797 AUM Growth 20% وفة Rs (Bn.) 11.6 FY23 35 Profit After Tax (PAT) Growth Complaints per 10K policies² 16% FY22 25 Rs (Bn.) 451.7 Dec'23 190% CY 19.6% IEV Total exp. ratio¹ Solvency Mar'23 203% EVOP 16.5% PY 19.4% Total Expense Ratio is calculated as total expenses (including commission) divided by total premium Complaints data (excluding survival and death claims). Complaints per 10K policies on merged basis for FY22: 40 HDFC Life
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