ICICI Prudential Life Insurance has filed its performance update for April 2026 with stock exchanges pursuant to Regulation 30 of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015. The update, dated May 8, 2026, highlights strong year-on-year growth across multiple premium metrics for the month, reflecting broad-based business momentum. The company, which states it is trusted by over 20 crore Indians in 25 years, also shared its full-year FY2026 performance alongside the monthly figures.

April 2026 Premium Performance

The company delivered notable growth in April 2026, with key premium indicators recording double-digit year-on-year expansion. Annual Premium Equivalent (APE) grew 24.1% YoY to ₹6.18 billion, while Risk-Weighted Received Premium (RWRP) rose 24.6% YoY to ₹4.21 billion. New Business (NB) premium recorded the highest growth among the tracked metrics at 25.6% YoY, reaching ₹12.96 billion for the month.

The following table summarises the premium growth metrics for April 2026 and FY2026:

Retail and New Business Highlights

Retail APE for April 2026 stood at ₹4.60 billion, registering a 23.0% YoY increase, demonstrating strong retail segment momentum during the month. New Business Sum Assured for April 2026 was ₹1,776.83 billion, reflecting a 2.9% YoY growth. For the full year FY2026, NB Sum Assured reached ₹14,502.24 billion, a significant 21.4% YoY increase, underscoring the company's sustained focus on protection business over the fiscal year.

Full-Year FY2026 Context

For the full fiscal year FY2026, APE stood at ₹106.41 billion, growing 2.2% YoY, while RWRP was ₹82.06 billion, a decline of 1.2% YoY. Retail APE for FY2026 was ₹86.92 billion, broadly flat with a marginal decline of 0.1% YoY. NB premium for FY2026 came in at ₹248.10 billion, up 9.9% YoY. The full-year figures provide context to the notably stronger performance recorded in April 2026 across all tracked metrics.

Regulatory Disclosure

The performance update was submitted to BSE Limited and the National Stock Exchange of India Limited in compliance with Regulation 30 of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015. The filing was signed by Priya Nair, Company Secretary (ACS 17769), on behalf of ICICI Prudential Life Insurance. A copy of the update has also been hosted on the company's website.

ICICI Prudential Life Insurance Company Limited has completed the allotment of equity shares under its Employee Stock Option and Stock Unit schemes, marking a continued commitment to its employee compensation strategy. The company informed stock exchanges about this corporate action through an official communication on May 5, 2026.

Share Allotment Details

The company allotted a total of 97,746 equity shares of face value ₹10 each on May 5, 2026, across two employee benefit schemes. The allotment specifics are outlined in the following table:

Scheme-Wise Breakdown

The allotment was distributed across two distinct employee benefit schemes. The scheme-wise breakdown is as follows:

Approval and Authorization

The allotment received approval from the Managing Director & CEO of the company on May 5, 2026. This approval was granted pursuant to the authority delegated by the Board of Directors at its meeting held on January 22, 2019. The delegation of authority allows the management to execute employee stock option allotments without requiring fresh board approval for each instance.

Share Rights and Regulatory Compliance

The newly allotted equity shares rank pari-passu with the existing equity shares of the company, ensuring that employees receiving these shares have the same voting rights, dividend entitlements, and other shareholder benefits as existing equity shareholders. The company fulfilled its disclosure obligations by informing both the Bombay Stock Exchange (BSE) and the National Stock Exchange of India (NSE) about this allotment. The communication was signed by Company Secretary Priya Nair and includes all necessary details required under regulatory guidelines for such corporate actions.