Helped by strong premium growth of 27% and a significant decline in Covid-related claims, HDFC Life Insurance posted decent numbers in Q1 of 2022-23. PAT grew by 21% y-o-y while APE (Annual Premium Equivalent) grew by 22% y-o-y. The company maintained market leadership as the ‘Top 3 Life Insurer’ in individual and group businesses. The company offers a balanced product mix that meets diverse customers