Mumbai, June 14, 2023: HDFC Life, one of India’s leading life insurers, has reached another significant milestone with its Assets under Management (AUM) crossing ₹ 2.5 lakh cr. on June 7, 2023.
HDFC Life has demonstrated a steady growth in its AUM which has almost doubled every four years since 2015. As on March 31, 2023, the Company has a Debt:Equity ratio of 70:30 and ~ 99% of the debt investments are in Government bonds and AAA rated securities.
As a steward for responsible investment, HDFC Life is a signatory to the UN-supported Principles for Responsible Investment (PRI), epitomising its objective of sustainable growth and long term value creation.
Vibha Padalkar, MD & CEO, HDFC Life commented, “With immense joy, we extend our heartfelt gratitude to all our policyholders, whose unwavering trust and support, has helped us cross the milestone of ₹ 2.5 lakh cr. of Assets under Management (AUM). We are humbled by the confidence placed in us, empowering us to grow and secure Indians.
We continue to be guided by our vision focussed on EPICC values (Excellence, People Engagement, Integrity, Customer-Centricity and Collaboration) as we keep moving ahead to insure India.”