💨 Abstract

HDFC Life Insurance reported a 14.9% rise in Q2 profit, but a decline in the Value of New Business (VNB) margin due to increased sales of unit-linked insurance plans (ULIPs), which have a lower profit margin. The insurer's VNB margin dropped to 24.6% from 26.2%

Courtesy: theprint.in

Summarized by Einstein Beta 🤖