Helped by a robust premium progress of 27% y-o-y and a big decline in covid-related claims, HDFC Life Insurance reported first rate numbers within the first quarter of 2022-23. The PAT grew 21% on a y-o-y foundation whereas the APE (annualised premium equal) grew 22% y-o-y. The firm maintained market management as a ‘Top 3 life insurer’ throughout particular person and group companies. The firm provides a balanced product combine that meet varied buyer