HDFC Life logs Rs 1,569 crore PAT, declares final dividend of Rs 2

Private life insurer HDFC Life Insurance Company Ltd closed FY24 with a net profit of Rs 1,569 crore, earning a total premium of about Rs 63,076 crore, against Rs 1,360 crore net profit and a total premium of Rs 57,533 crore in FY23.Life insurer's renewal premium up 18% YoY, with 87% and 53% persistency at 13th and 61st months.