HDFC Life Insurance Co. has reported a significant growth in its new business margin for the third quarter (Q3) of the financial year. The value of new business increased by 14% year-on-year (YoY) to Rs 2,586 crore. Notably, the new business margin expanded to 26.1% compared to 24.3% in the previous quarter (QoQ). As of December 31, 2024, the company's assets under management stood at a substantial Rs 3.3 lakh crore.
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