| Individual & Group Life - Participating | Participating insurance plans offering life cover and savings with bonuses. | Strong brand, distribution network, and actuarial expertise. | Individual and group policyholders seeking savings and protection solutions. | Older policies with established margins and renewals. | 18773 | 20 | Premium collections from participating life insurance policies. | Annualized and single premium payments; pricing based on actuarial assumptions. | Demand for savings-backed life products and retirement planning solutions. | Click 2 Achieve Par Advantage, Sanchay Par Advantage |
| Individual & Group Life - Non Participating | Non-participating protection and health insurance products. | Market leadership in retail term life insurance and strong bancassurance partnerships. | Individuals and corporate groups seeking risk protection products. | Term insurance with efficient claims management. | 37591 | 40 | Premiums from term and health insurance policies. | Regular and single premiums with fixed benefits. | Increasing awareness about protection needs and corporate schemes. | Saral Jeevan Bima, Click 2 Protect Ultimate |
| Pension and Annuity Products | Deferred pension, annuity plans, and retirement savings products. | Early mover in pension products and large AUM scale. | Individuals planning for retirement and corporates providing pension solutions. | Long-tenure pension products with guaranteed returns. | 19326 | 20 | Premium collections and annuity payouts over policy terms. | Single and regular premium based with guaranteed payouts. | Aging population and rising retirement awareness. | Sanchay Aajeevan Guaranteed Advantage (SAGA), Systematic Retirement Plan |
| Reinsurance | Life and health reinsurance products for domestic and international markets. | Strong credit ratings and strategic location in UAE. | Other insurers requiring risk transfer solutions. | Specialized reinsurance lines. | 198 | 1 | Reinsurance treaties and premium from ceded risks. | Contractual reinsurance premiums and commission structures. | Expansion of reinsurance activities and treaty signing. | HDFC International Life & Re Company |
| Shareholder | Earnings and investments related to shareholder funds. | Robust investment management capabilities. | Internal management and shareholders. | Equity and fixed income investments. | 1201 | 13 | Investment income, fees and other income sources. | Investment returns and fees generated from shareholder assets. | Asset growth and investment performance. | |
