HDFC Life Insurance sees steady Q3. But is the margin pain over?

HDFC Life Insurance Company Ltd delivered a decent performance in the December quarter (Q3FY26), broadly in line with expectations. New business premium expanded 10% year-on-year to ₹24,550 crore, with retail protection and unit-linked insurance plan (Ulip) products leading from the front. Higher rider attachment and increased sum-assured multiples in Ulips translated into a 70% year-on-year…

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