Operating profit before tax up to
Wholly owned business benefited from growth in new business and continued diversification of revenue.
HDFC Life continues to lead the private market by net flows and has made a strong start to this year ranking number one by gross sales in the private market.
"We are focused on building a sustainable business across our markets. Through Standard Life Investments' expertise and increased collaboration across the group, we are delivering efficiencies and ensuring we are well-placed to benefit from the changes in the regulatory landscape in the regions in which we operate.
"We are well positioned to drive forward our ambitions and become a leading retail savings and investment business in our chosen markets."
Most Popular Stories
- Consumer Prices Edge Up, Surprising Economists
- Steris to Add 100 Jobs in Birmingham
- Clinton Rallies New England Women
- Market Jolt Offers a Reality Check for Investors
- Stocks Close Out Best Week in Nearly 2 Years
- Do Voters Want Compromise?
- Timeline for New York Ebola Doctor
- Microsoft Earnings Drive Stocks Higher
- 'Kissing Congressman' Admits Mistake in Reelection Bid
- Ebola in New York, Mali Raises Travel Jitters