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HDFC Life Insurance: Attractive Business Franchise, Says ICICI Direct 

HDFC Life: Attractive Business Franchise, Says ICICI Direct

An agent selling insurance products to customers. (Photographer: Brendon Thorne/Bloomberg)
An agent selling insurance products to customers. (Photographer: Brendon Thorne/Bloomberg)

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ICICI Direct Report

HDFC Standard Life Insurance Co. Ltd. is among the dominant private players in the Indian life insurance space today. It was established in 2000, as a joint venture between HDFC Ltd. and Standard Life.

The company is one of the most profitable in the industry and has gradually shifted from unit-linked insurance plan heavy to a more balanced product mix.

HDFC Life has a strong distribution network with partnerships ranging from banks (includes HDFC Bank Ltd.), non-banking financial companies, microfinance institutions and new age distributors.

Diversified product portfolio and focus on product innovation has enabled HDFC Life to be ahead of the curve.

Click on the attachment to read the full report:

ICICI Direct HDFC Life Initiating Coverage.pdf

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