HDFC Life Insurance Company

My perspective was life insurance is a extremely under penetrated business in India and insurance companies have a long runway for growth.

I thought HDFC with is brand image, wits its reach all over India, its management, its ability to attract to attract talent will grow.

But unfortunately the company is not performing well. They are more and more relaying on HDFC bank to get business. Its speaks poorly about their other channels and the management to get business .

In the last concall they have also indicated that they are willing to reduce margins to grow which is a bad sign.

For 3 to 4 year perspective it will test the investor patience to the limit. . I have not yet read the latest concall and will post my views then. I will be reading not only HDFC concall but others concall also.

Thanks