PEER COMPANIES, MUMBAI: Private insurers led the growth in the industry in September as new business weighted retail premium (WRP) grew 16. Retail Weighted Received Premium or Retail WRP in short is Total Premium collected through Retail policies (only individual policies,not group policies) in a. MUMBAI: Private insurers led the growth in the industry in September as new business weighted retail premium (WRP) grew 16. Its individual WRP (weighted retail premium) business contracted by 5% y-o-y but overall APE grew by 3% y-o-y in Dec-18. HDFC Life Insurance is a joint venture between HDFC Ltd and Standard Life Aberdeen, a global investment company. Private players' new business WRP growth moderated to 12.