HDFC Life Insurance Company Ltd. benchmarking: Perfomance to industry peers

Financial

	HDFC Life Insurance	SBI Life Insuran	Life Insurance Corp
Operational Metrics
Life Insurance
Embedded Value	59540.0 Crs	76000.0 Crs	813230.0 Crs
Value Of New Business Margin (VNB)	24.5 %	27.5 %	16.2 %
Management Expense Ratio - Life Insurance	21.3 %	11.0 %	12.03 %
61 Month Persistency Ratio	62.0 %	54.85 %	55.12 %
13 Month Persistency Ratio	86.0 %	84.51 %	68.19 %
Commission Ratio - Life Insurance	12.0 %	4.94 %	4.56 %
AUM - Life Insurance	359999.0 Crs	481460.0 Crs	5722896.0 Crs
New Business Performance - Life Insurance	2828.81 Crs	3185.01 Crs	19274.01 Crs
Claim Settlement Ratio	99.8 %	99.4 %	97.25 %
Financials
5 yr Average ROE	0.0	0.0	0.0
5yr average Equity Multiplier	n/a	n/a	n/a
5yr Average Asset Turnover Ratio	n/a	n/a	n/a
5yr Avg Net Profit Margin	n/a	n/a	n/a
P/E	87.51	82.65	10.76
5yr CAGR Net Profit	5.88 %	10.64 %	74.64 %
Shareholdings
Promoter Holding	50.25 %	55.36 %	96.5 %
Share Pledged by Promoters	0.0	0.0	0.0
Change in Promoter Holding (3 Yrs)	-0.07 %	-0.1 %	0.0
Change in Mutual Fund Holding (3 Yrs)	7.18 %	3.33 %	0.58 %

Business

	HDFC Life Insurance	SBI Life Insuran	Life Insurance Corp
Segment Break-Up	Segment Break-Up Non Participating Funds 47.57 Unit Linked Funds 31.16 Participating Funds 20.92 Reinsurance 0.35	-	-
Location Wise Break-Up	Location Wise Break-Up Domestic 100.0 India 0	Location Wise Break-Up India 100.0 Domestic 0	Location Wise Break-Up India 100.0 Domestic 0
Distribution Channel	Distribution Channel Bancassurance 50.0 Group Savings 22.0 Agency 17.0 Broker 11.0 Web Aggregators 0 Direct Business 0 Corporate Agents - Others 0 Corporate Agents - Banks 0 Individual Agents 0	Distribution Channel Corporate Agents - Others 0 Web Aggregators 0 Corporate Agents - Banks 0 Broker 0 Group Savings 0 Direct Business 0 Agency 20.0 Bancassurance 48.0 Individual Agents 0 Others 32.0	Distribution Channel Corporate Agents - Others 0.12 Web Aggregators 0.76 Corporate Agents - Banks 3.12 Broker 0 Group Savings 0 Direct Business 2.2 Agency 0 Bancassurance 0 Individual Agents 93.8
Investment Break-Up	Investment Break-Up Government securities 53.06 Investments in Infrastructure and Social Sector 12.77 Equity 7.92 Debenture 6.31 CBLO/Repo Investments 2.51 Other than Approved Investments 1.65 Investment Property 0.49 Deep Discount Bonds 0.36 Fixed Deposits 0.32 Mutual Fund 0.15 Infrastructure Investment Fund 0 Other Approved Securities 0 0 0 Other than Approved Securities 0 Investments In Infrastructure 0 Other Investments 0 Government Securities & Treasury Bills 0 Others 14.46	Investment Break-Up 0 Other Approved Securities 35.47 Other Investments 0 Government securities 0 Deep Discount Bonds 0 Mutual Fund 0 Equity 0 Infrastructure Investment Fund 0 Investments In Infrastructure 0 Government securities 49.57 Other than Approved Securities 0 Debenture 0 Fixed Deposits 0 Investments in Infrastructure and Social Sector 14.96 CBLO/Repo Investments 0 Government Securities & Treasury Bills 0 Other than Approved Investments 0 Investment Property 0	Investment Break-Up 0 Other Approved Securities 0.12 Other Investments 29.38 Government securities 0 Deep Discount Bonds 0 Mutual Fund 0 Equity 0 Infrastructure Investment Fund 0 Investments In Infrastructure 8.12 0 Other than Approved Securities 0.92 Debenture 0 Fixed Deposits 0 0 CBLO/Repo Investments 0 Government Securities & Treasury Bills 61.46 Other than Approved Investments 0 Investment Property 0
Premium Break-Up - Life Insurance	Premium Break-Up - Life Insurance Protection 29.0 Unit linked(UL) 19.0 Group Savings 18.0 Annuity 16.0 Participating 11.0 Non-Participating 7.0 Term 0 Unit Linked 0 Non Participating 0	Premium Break-Up - Life Insurance Non-Participating 0 Participating 8.42 Term 0 Unit Linked 42.69 Group Savings 0 Unit linked(UL) 0 Protection 0 Non participating 48.87 Annuity 0 Others 0.02	-

HDFC Life Insurance Company Ltd.

HDFC Life Insurance Company Ltd.

Financial

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