India's largest private sector bank has moved to bolster its life arm’s capital position after HDFC Life reported resilient premium growth and softer new business margins in FY2026.
Premiums reached ₹3.36t across the April–March fiscal year, with stand-alone health insurers extending their growth run and Care Health crossing ₹100bn after a 20.9% annual increase.
India's largest private sector general insurer's loss ratios in crop and fire lines increased during FY2026, however the business saw profits rise by over 10%.
A sharper tilt towards protection, improving cost efficiency and a changing distribution mix helped ICICI Prudential Life strengthen profitability in FY2026.
The demand includes multiple tax additions relating to transfer pricing adjustments, amortisation of investment premium and provisions for doubtful debts.
