HDFC Life sees pressure on VNB margins in Q4
Thu, Apr 18, 2024 4:16 PM

HDFC Life sees pressure on VNB margins in Q4

A Flip by Shubhangi Gupta
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Private sector insurer HDFC Life Insurance on April 18 reported an 18.3 percent drop in its value of new business (VNB) margin, which is the present value of future profits associated with new business written during January-March quarter of financial year 2023-24. The total VNB margin for the quarter stood at Rs 1,234 crore.

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