HDFC Life Insurance has delivered a robust performance in Q3FY25, reporting a 15% year-on-year rise in consolidated net profit to ₹421.31 crore, up from ₹367.54 crore in the same period last year. The insurer’s net premium income also climbed 10% to ₹16,832 crore, compared to ₹15,273 crore in Q3FY24, driven by an impressive 24% jump in individual annual premium equivalent (APE). On a sequential basis, however, profit after tax (PAT) dipped slightly by 3.2% from ₹435.18 crore reported in the previous quarter. Net premium income, in contrast, saw a 13% quarter-on-quarter growth, reflecting solid underlying business momentum. Assets under management (AUM) surged 18% year-over-year to ₹3.3 lakh crore, while persistency ratios improved markedly, with the 13th-month ratio at 87% and the 61st-month ratio at 61%. The solvency ratio remained healthy at 188%, comfortably above the regulatory benchmark of 150%. HDFC Life also highlighted its extensive distribution network, which includes over 240,000 agents, making it one of the top three private insurers by agency strength. The company’s bancassurance partnerships—spanning 90 banks—along with ties to NBFCs and digital ecosystems, further extend its market reach. With a diversified product portfolio, HDFC Life’s offerings are well-balanced: unit-linked products comprise 37% of individual APE, non-par savings 35%, and protection products 6%. This strategic mix positions the insurer to cater to a broad spectrum of customer needs, sustaining its market leadership in the competitive private insurance sector.