Latest news about ICICI Prudential Life Insurance
ICICI Prudential Life Insurance Reports Rs 55.81 Billion First-Year Premium in March, Up 46.5% YoY
ICICI Prudential Life Insurance
514.20
-21.10(-3.94%)
Company Performance:
View Company Insights1D-3.94%
1M-3.21%
6M-15.31%
1Y-15.29%
5Y+0.35%
More news about ICICI Prudential Life Insurance
16Apr 26
ICICI Prudential Life Insurance Records Rs. 31.16 Crore Block Trade on NSE
ICICI Prudential Life Insurance Company Ltd. recorded a major block trade on NSE worth Rs. 31.16 crores, involving approximately 552,940 shares at Rs. 563.50 per share. The transaction highlights significant institutional activity and demonstrates substantial investor interest in the leading private life insurance company. Block trades of this magnitude typically indicate strategic portfolio decisions by institutional investors and reflect the stock's liquidity in the market.
16Apr 26
ICICI Prudential Life Insurance Records Rs. 57.07 Crore NSE Block Trade
ICICI Prudential Life Insurance Company executed a major NSE block trade worth Rs. 57.07 crores involving 1,014,113 shares at Rs. 562.80 per share. The transaction represents significant institutional trading activity and demonstrates active investor interest in the insurance sector.
15Apr 26
ICICI Prudential Life Insurance Allots 209,760 Equity Shares Under ESOP Scheme
ICICI Prudential Life Insurance Company Limited allotted 209,760 equity shares of ₹10 face value each on April 15, 2026, under its Employee Stock Option Scheme (2005). The allotment was approved by the MD & CEO pursuant to Board authority delegated on January 22, 2019. The newly issued shares rank pari-passu with existing equity shares, providing equal rights to holders.
15Apr 26
ICICI Prudential Life Insurance Executes Rs. 85.76 Crore Block Trade on NSE
ICICI Prudential Life Insurance Company executed a major NSE block trade worth Rs. 85.76 crores involving 1,514,601 shares at Rs. 566.25 per share. The substantial transaction reflects significant institutional investor activity and demonstrates strong liquidity in the stock. Such block deals typically indicate strategic portfolio movements by large institutional participants in the insurance sector.
15Apr 26
Investec Maintains Buy Rating on ICICI Prudential Life Insurance with Revised Target Price of ₹685
Investec maintains Buy rating on ICICI Prudential Life Insurance with revised target price of ₹685, down from ₹720. The company delivered strong Q4 performance with 9% VNB beat driven by stronger APE, margin expansion, favourable product mix and yield curve. Despite attractive valuation implying just 2% 10-year VNB CAGR, growth challenges are expected to persist.
15Apr 26
UBS Maintains Neutral Rating on ICICI Prudential Life Insurance with ₹760 Target Price
UBS maintains a Neutral rating on ICICI Prudential Life Insurance with a ₹760 target price, citing strong retail protection-led margin expansion. The company shows APE growth of 2% YoY and VNB growth of 11% YoY in FY26, indicating solid business fundamentals. However, weak agency performance and muted bancassurance channel growth present operational challenges. Despite these mixed factors, embedded value and VNB walk metrics remain stable, supporting the company's underlying financial strength.
15Apr 26
Macquarie Maintains Neutral Rating on ICICI Prudential Life Insurance with ₹710 Target Price
Macquarie maintains Neutral rating on ICICI Prudential Life Insurance with ₹710 target price, citing multiple performance concerns for FY26 including weak APE, VNB, and EV growth projections. The brokerage highlighted declining persistency rates, ROEV below cost of equity, and growth underperformance versus industry peers. The absence of FY27 guidance further adds to uncertainty about the company's strategic direction and medium-term outlook.
15Apr 26
Bernstein Maintains Market Perform Rating for ICICI Prudential Life Insurance with ₹700 Target Price
Bernstein has maintained its Market Perform rating for ICICI Prudential Life Insurance with a ₹700 target price, citing strong Q4 new business profit and margin expansion driven by mix shift, operational efficiencies, and favourable yield curve conditions. However, the brokerage noted modest topline momentum and highlighted the absence of FY27 guidance, along with the company's upcoming transition to Ind AS from FY28.
15Apr 26
Morgan Stanley Maintains Overweight Rating on ICICI Prudential Life Insurance with ₹670 Target Price
Morgan Stanley has maintained its Overweight rating on ICICI Prudential Life Insurance with a ₹670 target price, citing strong VNB and margin performance driven by robust retail protection business and favourable yield curve conditions. While unfavorable operating variance, assumption changes, and persistency issues provided some offset, the brokerage believes the stock offers attractive valuation upside with a 9x NTM P/VNB ratio for expected 10% VNB CAGR during FY26-28.
15Apr 26
HSBC Maintains Buy on ICICI Prudential Life, Cuts Target to ₹690 Despite Q4 Beat
HSBC has maintained its Buy rating on ICICI Prudential Life Insurance while reducing the target price to ₹690 from ₹790. Despite the price cut, the company delivered a strong Q4FY26 performance with robust growth and healthy margins, though RoEV was impacted by assumption changes. The brokerage highlights attractive valuations at 1.2x FY28e EV and 3.8x FY28e VNB, expecting growth pickup with steady margins and potential for re-rating.
14Apr 26
ICICI Prudential Life Insurance Receives Regulatory Compliance Certificate for Q4FY26
ICICI Prudential Life Insurance Company Limited received its Q4FY26 compliance certificate from registrar KFin Technologies Limited, confirming all securities remain in dematerialized form with no rematerialization requests during the quarter ended March 31, 2026. The certificate, issued under SEBI (Depositories and Participants) Regulations, 2018, was submitted to BSE, NSE, and depositories on April 14, 2026, demonstrating the company's continued regulatory compliance.
14Apr 26
ICICI Prudential Life Insurance Makes FY2026 Earnings Call Recording Available
ICICI Prudential Life Insurance Company Limited has made its FY2026 earnings conference call recording available on the company website following the call held on April 14, 2026. The call discussed performance for the year ended March 31, 2026, with investors and analysts. The company informed BSE and NSE through regulatory filing under Regulation 30, continuing its transparent investor communication practices.
14Apr 26
ICICI Prudential Life Insurance Declares Dividend of ₹1.65 Per Share
ICICI Prudential Life Insurance Company has declared a dividend of ₹1.65 per share for its shareholders. This announcement reflects the company's commitment to shareholder value creation and demonstrates its strong financial position in the life insurance sector. The dividend declaration represents a balanced capital allocation approach, ensuring returns to investors while supporting continued business growth.
10Apr 26
ICICI Prudential Life Insurance Reports 1% Decline in Annual Premium Equivalent Against 10% Growth Target for FY26
ICICI Prudential Life Insurance reported a 1% decline in Annual Premium Equivalent for FY26, falling significantly short of its 10% growth target. The 11 percentage point variance highlights challenges in premium collection and business growth for the private life insurer during the current fiscal year.
07Apr 26
ICICI Prudential Life Insurance Allots 82,741 Equity Shares Under Employee Stock Option Schemes
ICICI Prudential Life Insurance Company Limited allotted 82,741 equity shares of ₹10 face value each on April 7, 2026, under employee stock option schemes. The allocation included 80,540 shares from the 2005 ESOP scheme and 2,201 shares from the 2023 Employee Stock Unit Scheme. The allotment was approved by the MD & CEO under Board-delegated authority, with the new shares ranking pari-passu with existing equity shares.
02Apr 26
ICICI Prudential Life Insurance Schedules Board Meeting and Earnings Call for April 14, 2026
ICICI Prudential Life Insurance has scheduled its board meeting for April 14, 2026 to approve audited financial statements for Q4FY26 and consider dividend recommendations. The company will also host an earnings conference call at 3:00 PM IST on the same day to discuss FY2026 performance with investors and analysts, with multiple access numbers provided for domestic and international participants.
01Apr 26
ICICI Prudential Life Insurance Announces SEBI Special Window for Physical Securities Transfer
ICICI Prudential Life Insurance Company Limited has notified stock exchanges about its social media publication regarding SEBI's special window for physical securities transfer. The window, available till February 4, 2027, facilitates transfer and dematerialisation of securities sold/purchased before April 1, 2019. Eligible shareholders can contact KFin Technologies Limited to avail this facility, with transferred securities subject to one-year lock-in period.
01Apr 26
ICICI Prudential Life Insurance Receives Mixed GST Appeal Order from Maharashtra Tax Authorities
ICICI Prudential Life Insurance has received a partially favorable GST appeal order from Maharashtra tax authorities for FY2019, with total demands of ₹2,407,776,714 including GST, interest, and penalties. The tax issues relate to input tax credit reversals, GST return mismatches, and non-payment of tax on asset sales. The company plans to file further appeals against the adverse portions of the ruling.
26Mar 26
ICICI Prudential Life Insurance Receives GST Order Worth ₹1.83 Crore from Rajasthan Tax Authorities
ICICI Prudential Life Insurance received a GST order from Rajasthan tax authorities demanding ₹1.83 crore for FY2020, comprising GST demand of ₹58.40 lakh, interest of ₹66.64 lakh, and penalty of ₹58.40 lakh. The order relates to reversal of input tax credit under GST law. The company plans to file an appeal and states no financial impact at this stage.
25Mar 26
ICICI Prudential Life Insurance Receives Income Tax Assessment Order for AY2024-25 with ₹3,910.84 Crore Demand
ICICI Prudential Life Insurance Company Limited received an Income Tax assessment order under Section 143(3) for AY2024-25 with a total demand of ₹3,910,838,913, comprising income tax of ₹3,471,293,534 and interest of ₹439,545,379. The order addresses issues including negative reserves, transfers between accounts, and exemptions, all of which the company states have been favorably resolved in earlier years. The company plans to file an appeal against the order within prescribed timelines.
24Mar 26
ICICI Prudential Life Receives ₹391 Crore Tax Demand for AY25, Plans Appeal
ICICI Prudential Life Insurance has received a tax assessment order demanding ₹391 crore for Assessment Year 2025 from income tax authorities. The life insurance company plans to challenge this substantial tax demand by filing an appeal with the Commissioner of Income Tax (Appeals). This development represents a significant regulatory challenge that the company will address through the standard appellate process available under tax laws.
24Mar 26
ICICI Prudential Life Insurance Allots 41,918 Equity Shares Under Employee Stock Option Schemes
ICICI Prudential Life Insurance Company Limited allotted 41,918 equity shares of ₹10 face value each on March 24, 2026, under employee stock option schemes. The allocation included 40,665 shares from the 2005 ESOP scheme and 1,253 shares from the 2023 Stock Unit scheme, approved by the MD & CEO under Board-delegated authority from January 2019.
19Mar 26
ICICI Prudential Life Insurance Denies Knowledge of Prudential Exit Reports
ICICI Prudential Life Insurance has clarified to stock exchanges that it is unaware of any developments regarding Prudential Corporation Holdings Limited's potential exit from their joint venture, following a Business Standard report on March 19, 2026. Prudential responded that they do not comment on market rumors or speculations. The company reaffirmed its commitment to regulatory compliance and timely disclosure of material information.
17Mar 26
ICICI Prudential Life Insurance Allots 56,510 Equity Shares Under Employee Stock Option Schemes
ICICI Prudential Life Insurance Company Limited allotted 56,510 equity shares with face value of ₹ 10 each on March 17, 2026, under two employee stock schemes. The allotment included 51,360 shares under the 2005 ESOP scheme and 5,150 shares under the 2023 stock unit scheme. The shares were approved by the MD & CEO under Board-delegated authority and will rank pari-passu with existing equity shares.
11Mar 26
ICICI Prudential Life Insurance Schedules Investor Meeting for March 18, 2026
ICICI Prudential Life Insurance Company Limited has scheduled an investor and analyst meeting for March 18, 2026, as part of the Nomura India Corporate Day event in Japan. The group meeting, organized by Nomura Financial Advisory & Securities, will commence at 5:30 a.m. IST and will be conducted in-person. The company filed the mandatory disclosure under SEBI Regulation 30 on March 10, 2026, confirming that no unpublished price sensitive information will be shared during the session.
10Mar 26
ICICI Prudential Life Insurance Allots 130,830 Equity Shares Under Employee Stock Option Schemes
ICICI Prudential Life Insurance Company Limited allotted 130,830 equity shares of ₹10 face value each on March 10, 2026, under employee stock option schemes. The allotment included 128,730 shares under the 2005 ESOP scheme and 2,100 shares under the 2023 ESUS scheme, with approval from the MD & CEO pursuant to Board authority from January 22, 2019.
09Mar 26
ICICI Prudential Life Insurance Reports Mixed Performance in February 2026 with Strong Sum Assured Growth
ICICI Prudential Life Insurance Company Limited reported mixed performance results for February 2026, with APE growth of 12.3% and exceptional New Business sum assured growth of 31.5% reaching ₹1,096.13 billion. However, the eleven-month cumulative performance shows RWRP declining 1.3% year-on-year to ₹68.99 billion, while APE maintained marginal growth of 0.6% at ₹87.88 billion. The company's New Business premium collection remained robust with 15.7% growth in February 2026.
04Mar 26
ICICI Prudential Life Insurance Allots 58,367 Equity Shares Under Employee Stock Option Schemes
ICICI Prudential Life Insurance Company Limited allotted 58,367 equity shares of ₹10 face value each on March 4, 2026, under employee stock schemes. The distribution included 57,150 shares from the 2005 Employee Stock Option Scheme and 1,217 shares from the 2023 Employee Stock Unit Scheme. The allotment was approved by the MD & CEO under Board-delegated authority from January 22, 2019, with the new shares ranking pari-passu with existing equity shares.
24Feb 26
ICICI Prudential Life Insurance Allots 124,912 Equity Shares Under Employee Stock Option Schemes
ICICI Prudential Life Insurance Company Limited allotted 124,912 equity shares of ₹ 10 face value each on February 24, 2026, under employee stock option schemes. The allotment comprised 121,072 shares from the ESOP 2005 scheme and 3,840 shares from the ESUS 2023 scheme. The Managing Director & CEO approved the allotment under Board-delegated authority from January 22, 2019, with the new shares ranking pari-passu with existing equity shares.
17Feb 26
ICICI Prudential Life Insurance Allots 460,058 Equity Shares Under Employee Stock Option Schemes
ICICI Prudential Life Insurance Company Limited allotted 460,058 equity shares with face value of ₹10 each on February 17, 2026, under employee stock option schemes. The distribution included 459,310 shares under the 2005 ESOP scheme and 748 shares under the 2023 stock unit scheme. The allotment was approved by the Managing Director & CEO and the new shares will rank pari-passu with existing equity shares.
10Feb 26
ICICI Prudential Life Insurance Allots 183,530 Equity Shares Under Employee Stock Option Scheme
ICICI Prudential Life Insurance Company Limited allotted 183,530 equity shares of face value ₹10 each on February 10, 2026, under its Employee Stock Option Scheme (2005). The allotment was approved by the MD & CEO pursuant to Board authority delegated in January 2019. The newly issued shares rank pari-passu with existing equity shares and the information has been disclosed to stock exchanges and made available on the company website.
09Feb 26
ICICI Prudential Life Insurance Submits January 2026 Performance Update to Stock Exchanges
ICICI Prudential Life Insurance Company Limited submitted its January 2026 performance update to BSE and NSE on February 9, 2026, under SEBI Regulation 30 compliance. The report focuses on premium growth metrics including retail weighted received premium and annualized premium equivalent. Company Secretary Priya Nair signed the regulatory filing, and the performance update has been made available on the company's website for stakeholder access.
03Feb 26
ICICI Prudential Life Insurance Allots 224,000 Equity Shares Under ESOP Schemes
ICICI Prudential Life Insurance Company Limited completed a significant allotment of 224,000 equity shares under its employee incentive programs on February 3, 2026. The allotment included 223,800 shares under the Employee Stock Option Scheme (2005) and 200 shares under the Employee Stock Unit Scheme (2023), demonstrating the company's commitment to employee compensation and retention strategies.
20Jan 26
ICICI Prudential Life Insurance Allots 100,201 Equity Shares Under Employee Stock Schemes
ICICI Prudential Life Insurance Company Limited allotted 100,201 equity shares under employee stock schemes on January 20, 2026, with 98,700 shares from ESOP 2005 and 1,501 shares from ESUS 2023, each carrying a face value of ₹10.00.
19Jan 26
ICICI Securities Maintains Buy Rating on ICICI Prudential Life Insurance with Target Price of ₹800
ICICI Securities maintains buy rating on ICICI Prudential Life Insurance with revised target price of ₹800, up from ₹720. The company showed strong recovery in Q3FY26 with APE growth turning positive at 3.60% and VNB growth surging 19.00% year-on-year, compared to negative growth in H1FY26. Margins expanded significantly to 24.40%, up 315 basis points despite input tax credit challenges, supported by GST tailwinds and stronger execution.
16Jan 26
ICICI Prudential Life Insurance schedules investor meetings for February 2026 in Singapore
ICICI Prudential Life Insurance has scheduled investor meetings for February 3-4, 2026, at the ICICI Securities Annual Investor Conference in Singapore. The regulatory disclosure filed on January 16, 2026, outlines two in-person group meetings at 11:30 a.m. IST and 6:30 a.m. IST respectively. The company confirmed no unpublished price sensitive information will be shared during these interactions.
14Jan 26
ICICI Prudential Q3 Review: Brokerages Raise Targets on Margin Resilience
ICICI Prudential Life Insurance delivered impressive Q3 performance with 19.82% profit growth and resilient margins despite GST challenges. The stock saw mixed trading but received positive brokerage reactions, with multiple firms raising target prices led by Jefferies at ₹830. While persistency issues remain a concern, brokerages are optimistic about the company's margin stability and growth prospects.
14Jan 26
Goldman Sachs Maintains Neutral Rating on ICICI Prudential Life, Cuts Target Price to ₹690
Goldman Sachs has maintained its neutral rating on ICICI Prudential Life Insurance while reducing the target price to ₹690 per share. The investment bank's latest research update reflects a cautious stance on the life insurance company's stock, suggesting a more conservative valuation approach while neither strongly recommending the stock as a buy nor advising investors to sell.
14Jan 26
ICICI Prudential Life Expects Annuity Business Recovery as Market Conditions Normalize
ICICI Prudential Life Insurance anticipates recovery in its annuity business as market conditions normalize, while simultaneously projecting long-term growth in the group term insurance segment. The company is implementing a strategic approach that emphasizes meeting specific risk-reward objectives across its business verticals.
14Jan 26
ICICI Prudential Life Insurance Q3 Profit Surges 20% on GST Reforms and Investment Income
ICICI Prudential Life Insurance reported strong Q3 results with 20% YoY profit growth to ₹390 crore, driven by GST reforms and investment income gains. The company's VNB margin improved to 24.4% while nine-month profit surged 24% to ₹992 crore. Protection premiums jumped 40% post-GST cuts, and the insurer refinanced ₹1,200 crore of subordinated debt during the quarter.
13Jan 26
ICICI Prudential Life Insurance Makes Q3 FY26 Earnings Call Recording Available
ICICI Prudential Life Insurance Company Limited has made available the audio recording of its earnings conference call for 9M-FY2026, conducted on January 13, 2026, at 3:30 p.m. IST. The call discussed the company's performance for the quarter and nine months ended December 31, 2025, with investors and analysts. The audio recording is now accessible on the company's official website, ensuring transparency and regulatory compliance under SEBI Regulation 30.
13Jan 26
ICICI Prudential Life Insurance Q3 FY26 Results: Net Profit Surges 19% to ₹390 Crores
ICICI Prudential Life Insurance Company reported strong Q3 FY26 results with net profit rising 19% to ₹390.00 crores compared to ₹326.00 crores in Q3 FY25. The significant year-on-year growth demonstrates the company's robust operational performance and effective strategic execution in the competitive life insurance market.
13Jan 26
ICICI Prudential Life Q3 Results: PAT Jumps 19% YoY to ₹397 Crore, Net Premium Income Drops 4%
ICICI Prudential Life Insurance delivered strong Q3 FY26 results with 19% YoY growth in net profit to ₹397.00 crore despite 4% decline in net premium income. Retail APE grew 9.9% while protection segment surged 40.8%, driven partly by GST reforms. Nine-month PAT increased 23.5% to ₹992.00 crore with VNB margin of 24.4%. AUM expanded 6.5% to ₹3,30,729.00 crore maintaining zero NPAs since inception.
13Jan 26
ICICI Prudential Life Insurance Q3 Net Profit Surges 19.6% to ₹390 Crore; VNB Margin Expands
ICICI Prudential Life Insurance reported strong Q3 FY26 results with net profit rising 19.6% to ₹390 crore, driven by higher investment income. The VNB margin expanded to 24.4% from 22.8% year-on-year, reflecting improved product mix and cost discipline. Protection segment led growth with retail protection APE jumping 40.8% and sum assured surging 51.6% to ₹1.24 lakh crore. The company maintained strong balance sheet metrics with AUM growing 6.5% to ₹3.31 lakh crore and solvency ratio at 214.8%.
13Jan 26
ICICI Prudential Life Q3 Results: VNB jumps 19%, margin expands to 24.4%
ICICI Prudential Life Insurance reported strong Q3 results with value of new business surging 19% to ₹615 crore and VNB margins expanding significantly to 24.4% from 21.2% year-on-year. Total annualised premium equivalent grew steadily by 4% to ₹2,525 crore, while shares gained 2% following the announcement and are trading 1.5% higher at ₹690.60.
13Jan 26
ICICI Prudential Life Insurance Q3 Results: Net profit rises 19% YoY to ₹387 crore; VNB margin expands to 24.4%
ICICI Prudential Life Insurance reported strong Q3 FY26 results with consolidated net profit rising 19.15% YoY to ₹387.15 crore from ₹324.91 crore. The company's VNB margin expanded to 24.4%, indicating improved profitability metrics. Shares gained 3.58% to ₹704.20 on BSE following the positive earnings announcement.
13Jan 26
ICICI Prudential Life Insurance Reports 9.9% Growth in Retail APE to ₹21.16 Billion
ICICI Prudential Life Insurance achieved retail APE of ₹21.16 billion, representing a 9.9% year-on-year growth from ₹19.26 billion. This ₹1.90 billion absolute increase demonstrates strong performance in the retail life insurance segment and reflects effective business expansion strategies.
13Jan 26
ICICI Prudential Life Insurance Reports 9.9% Growth in Retail APE
ICICI Prudential Life Insurance Company reported 9.9% year-on-year growth in retail Annual Premium Equivalent (APE). This performance metric demonstrates the company's strengthening position in the retail life insurance segment and reflects successful expansion of its individual customer base.
13Jan 26
ICICI Prudential Life Insurance Q3 VNB Surges 19% to ₹6.15 Billion
ICICI Prudential Life Insurance reported impressive Q3 results with Value of New Business growing 18.95% year-on-year to ₹6.15 billion from ₹5.17 billion. This strong performance demonstrates the company's effective market strategy and robust demand for its insurance products in the competitive life insurance sector.
13Jan 26
ICICI Prudential Life Insurance Reports 3.6% Growth in Q3 APE to ₹25.25 Billion
ICICI Prudential Life Insurance reported Q3 Annualised Premium Equivalent of ₹25.25 billion, representing a 3.6% year-on-year growth from ₹24.38 billion. The ₹0.87 billion absolute increase demonstrates the company's steady performance in premium collection. This growth in APE, a key metric for measuring new business performance in the insurance sector, reflects the insurer's ability to maintain business momentum in the competitive life insurance market.
13Jan 26
ICICI Prudential Life Insurance Reports 19.6% Growth in Q3 Net Profit to ₹3.90 Billion
ICICI Prudential Life Insurance achieved strong Q3 financial results with net profit reaching ₹3.90 billion, representing a 19.6% year-on-year increase from ₹3.26 billion. The ₹0.64 billion profit growth demonstrates the company's robust operational performance and effective business execution in the competitive life insurance market.
13Jan 26
ICICI Prudential Life Insurance Reports 3.8% Decline in Q3 Net Premium Income
ICICI Prudential Life Insurance recorded net premium income of ₹118.00 billion in Q3, down from ₹122.60 billion in the previous year's corresponding quarter. The 3.8% year-on-year decline represents a ₹4.60 billion reduction in premium collections, reflecting competitive pressures and market challenges in the life insurance sector.
13Jan 26
ICICI Prudential Life Insurance Allots 85,478 Equity Shares Under Employee Stock Schemes
ICICI Prudential Life Insurance Company Limited allotted 85,478 equity shares under employee stock schemes on January 13, 2026, comprising 83,378 shares under ESOP (2005) and 2,100 shares under ESUP (2023). All shares carry a face value of ₹10.00 each and were allotted at 10:49 a.m. IST, with proper regulatory notifications submitted to BSE and NSE.
12Jan 26
ICICI Prudential Life Insurance Completes ₹2.035 Billion Sale of ICICI PFM to ICICI Bank
ICICI Prudential Life Insurance Company Limited completed the sale of its 100% equity stake in ICICI Prudential Pension Funds Management Company Limited to ICICI Bank Limited for ₹2.035 billion on January 12, 2026. The transaction, executed at 11:49 a.m., transforms ICICI PFM from a wholly owned subsidiary of ICICI Prudential into a wholly owned subsidiary of ICICI Bank. As part of the completion, ICICI Prudential will withdraw its nominee directors from ICICI PFM's board, with the transaction representing a strategic intra-group restructuring within the ICICI ecosystem.
12Jan 26
ICICI Prudential Life Insurance Reports 25.1% Growth in New Business Premium to ₹19.45 Billion
ICICI Prudential Life Insurance has achieved impressive business growth with new business premium reaching ₹19.45 billion, up 25.1% year-on-year. The company's new business sum assured also increased to ₹1,182 crore, growing 10.7% from the previous year. These strong performance metrics demonstrate effective market penetration and robust customer acquisition in the life insurance sector.
12Jan 26
ICICI Prudential Life Reports 11.5% YoY Growth in December Retail Premium at ₹7.93 Billion
ICICI Prudential Life Insurance reported strong December performance with retail weighted received premium at ₹7.93 billion (+11.5% YoY), total APE of ₹9.29 billion (+7.3% YoY), and retail APE of ₹7.97 billion (+4.3% YoY), demonstrating robust growth momentum in the life insurance sector.
12Jan 26
ICICI Prudential Life Insurance Reports Steady Premium Growth in December 2025
ICICI Prudential Life Insurance reported steady premium growth in December 2025, while Q3 FY26 trends showed mixed performance. Detailed financial figures were not available for comprehensive analysis.
10Jan 26
ICICI Prudential Life Insurance Reports Consistent Premium Growth in December 2025
ICICI Prudential Life Insurance reported consistent premium growth in December 2025, demonstrating steady business momentum in the life insurance sector. The company experienced mixed performance trends during Q3 FY26, reflecting varying operational dynamics. The December growth indicates maintained customer acquisition and policy renewal rates, while mixed quarterly trends suggest both opportunities and challenges in the evolving insurance market.
10Jan 26
ICICI Prudential Life Insurance Reports 11.5% YoY Growth in December Retail Premiums
ICICI Prudential Life Insurance reported 11.5% YoY growth in retail weighted received premium to ₹793.00 crore for December 2025, alongside 7.3% growth in APE to ₹929.00 crore. New business premiums surged 25.1% to ₹1,945.00 crore, while new business sum assured grew 18.1% YoY for the nine-month period. However, nine-month metrics showed mixed performance with RWRP declining 3.8% and APE down 1.4% compared to the previous fiscal year.
08Jan 26
ICICI Prudential Life Insurance Executes ₹206.74 Crore Block Trade on BSE
ICICI Prudential Life Insurance recorded a significant block trade on BSE worth ₹206.74 crores for approximately 3.04 million shares executed at ₹680 per share. The substantial transaction highlights institutional interest and confidence in the insurance company's stock, representing major trading volume in the insurance sector.
06Jan 26
ICICI Bank Receives Regulatory Approval as Sponsor for ICICI Prudential's Pension Fund Management
PFRDA has approved ICICI Bank as sponsor for ICICI Prudential Life Insurance's pension fund management business. This regulatory milestone enables the insurance company to expand into pension fund management with institutional backing from ICICI Bank. The approval strengthens the company's position in India's retirement planning sector and provides access to the specialized pension fund management market.
06Jan 26
ICICI Prudential Life Insurance Allots 39,162 Equity Shares Under Employee Stock Schemes
ICICI Prudential Life Insurance Company Limited completed its latest equity share allotment under employee benefit schemes on January 6, 2026, distributing 39,162 shares with face value of ₹10.00 each. The allocation comprised 35,850 shares from the Employee Stock Option Scheme (2005) and 3,312 shares from the Employee Stock Unit Scheme (2023), demonstrating the company's ongoing commitment to employee incentive programs.
30Dec 25
ICICI Prudential Life Insurance Sees ₹66.94 Crore Block Trade on NSE
ICICI Prudential Life Insurance Company recorded a significant block trade on NSE worth ₹66.94 crores involving 1,025,272 shares at ₹652.90 per share. The transaction represents substantial institutional activity and demonstrates active market participation in the life insurance company's stock through large-volume trading mechanisms.
26Dec 25
ICICI Prudential Life Insurance Receives GST Order Worth ₹13.53 Crores from Rajasthan Tax Authorities
ICICI Prudential Life Insurance has received a GST order worth ₹13.53 crores from Rajasthan tax authorities for FY2019, involving GST demand, interest, and penalty components. The company plans to file an appeal against the order and states no financial impact at this stage.
24Dec 25
ICICI Prudential Life Receives ₹112.37 Cr GST Order from Maharashtra Authorities
ICICI Prudential Life Insurance Company has received a revised GST order totaling ₹112.37 crores from the Deputy Commissioner of State Tax, Maharashtra, relating to FY2022. The order involves reversal of input tax credit under GST Law, with the company planning to file an appeal while stating no current impact on operations.
20Dec 25
ICICI Prudential Life Insurance Pays Annual Interest on ₹1,400 Crore Debentures
ICICI Prudential Life Insurance Company Limited completed annual interest payment on its ₹1,400 crore debentures issue on December 19, 2025. The company paid 8.03% interest rate to holders of 1,40,000 non-convertible debentures through RTGS for the period December 19, 2024 to December 18, 2025. The payment was made in compliance with SEBI regulations with proper intimation to stock exchanges.
18Dec 25
ICICI Prudential Life Insurance Records ₹127.12 Crore Block Trade on NSE
A significant block trade of 2,010,144 shares of ICICI Prudential Life Insurance Company occurred on the National Stock Exchange (NSE). The transaction was valued at ₹127.12 crores, with shares trading at ₹632.40 each. This large-volume trade, typically associated with institutional investors, indicates substantial market activity in the company's stock.
17Dec 25
Citi Maintains Buy Rating on ICICI Prudential Life Insurance with Target Price of ₹870
Citi has reiterated its Buy rating for ICICI Prudential Life Insurance, setting a target price of ₹870.00 per share. This maintained recommendation suggests Citi's continued confidence in the company's market position and growth potential in the life insurance sector.
08Dec 25
ICICI Prudential Life Insurance Reports Robust Premium Growth
ICICI Prudential Life Insurance has reported significant growth in premium collections. Retail premiums grew by 15.20% year-on-year, while new business premium increased by 24.90% year-on-year. This growth indicates strong business performance and successful market expansion for the company.
03Dec 25
ICICI Prudential Life Insurance Receives Mixed GST Appeal Ruling, Plans Further Action
ICICI Prudential Life Insurance received a mixed ruling on GST appeals from Andhra Pradesh tax authorities. One appeal for ₹3.55 lakh was set aside in the company's favor, while another for ₹6.25 lakh was partially allowed, leaving a tax liability of ₹1.65 lakh. The company plans to contest the unfavorable portion. This follows a previous partially favorable order regarding a GST input tax credit mismatch for FY2019, involving a total amount of ₹72,23,218.
28Nov 25
ICICI Prudential Life Raises ₹11.95 Billion Through Oversubscribed Debenture Issue
ICICI Prudential Life Insurance Company has successfully raised ₹11.95 billion by allotting unsecured debentures. The issue was oversubscribed, receiving total bids of ₹25.73 billion against a base issue size of ₹11 billion. The debentures have a face value of ₹1,00,000 each, a coupon rate of 7.69% per annum, and a 10-year tenure maturing on November 28, 2035. They will be listed on the National Stock Exchange of India Limited. The company's strong financial position, with total assets of ₹308,847.0 crore as of March 2025, supports this debt issuance.
24Nov 25
ICICI Prudential Life Insurance Approves ₹12 Billion NCD Issue to Bolster Capital Structure
ICICI Prudential Life Insurance Company Limited has approved the issuance of Non-Convertible Debentures (NCDs) worth up to ₹12 billion. The issue includes a base size of ₹11 billion with a greenshoe option of ₹1 billion. These subordinated debt instruments will have a 10-year tenure with a call option after 5 years. The NCDs will be issued through private placement and listed on the National Stock Exchange of India Limited. This move aims to strengthen the company's capital base, supporting its growth initiatives in the insurance sector.
22Nov 25
ICICI Prudential Life Insurance Completes ₹1,200 Crore Debenture Redemption, Withdraws Credit Rating
ICICI Prudential Life Insurance Company has redeemed Non-Convertible Debentures (NCDs) worth ₹1,200 crore on November 6, 2025. Following this, the company requested CRISIL Ratings to withdraw its 'AAA/Stable' credit rating, which was done on November 21, 2025. The company's latest financial data shows growth in total assets by 5.22% year-over-year, with investments increasing by 4.92%. This move reflects the company's strong financial position and effective liquidity management.
10Nov 25
ICICI Prudential Life Reports 6.5% Growth in October First-Year Premiums
ICICI Prudential Life Insurance Company Limited recorded a 6.5% year-on-year increase in first-year premium collection for October, reaching Rs 17.73 billion. This growth indicates an expansion in the company's new business acquisition and suggests effective marketing strategies and product offerings. The performance signals a strong start to the second half of the fiscal year and could potentially impact the company's overall financial results if the trend continues.
07Nov 25
ICICI Prudential Life Insurance Reports Growth in October Premium Metrics
ICICI Prudential Life Insurance showed positive growth in October, with Annual Premium Equivalent (APE) increasing by 2.90% year-over-year and new business premiums rising by 6.50% compared to the same period last year. This growth indicates the company's ability to attract new policyholders and expand its market share in a competitive landscape.
28Oct 25
ICICI Prudential Life Pioneers Mobile Banking Premium Payments, Receives AAA Rating Reaffirmation
ICICI Prudential Life Insurance has become the first life insurer to enable premium payments through mobile banking apps using NPCI's Banking Connect platform. The system offers single authentication and flexibility for policyholders. CRISIL has reaffirmed its 'AAA/Stable' rating on the company's ₹2,600 crore subordinated debt instruments, citing its strategic importance to ICICI Bank, established market position, and strong financial performance. The company reported a 26% year-on-year growth in profit after tax for the first half, maintains a 2.13 times solvency ratio, and holds an 11.4% market share among private players.
23Oct 25
ICICI Prudential Life Reports Mixed H1-FY2026 Results: 26% PAT Growth Amid 4.1% APE Decline
ICICI Prudential Life Insurance Company Limited reported mixed financial results for H1-FY2026. Profit After Tax (PAT) increased by 26% to ₹6.01 billion, despite a 4.1% decline in Annualized Premium Equivalent (APE) to ₹42.86 billion. Total premium collection grew by 9.2% to ₹212.51 billion. The company saw growth in retail protection and non-linked savings business, while linked business declined. Operational efficiency improved with reduced cost to premium ratio and improved persistency. Recent GST reforms exempting life insurance are expected to impact the industry, potentially driving demand but also affecting margins due to input tax credit disallowance.
15Oct 25
ICICI Prudential Life Insurance Executes Rs. 99.54 Crore Block Trade on NSE
ICICI Prudential Life Insurance Company Limited experienced a significant block trade on the National Stock Exchange (NSE). The transaction involved 1,703,848 shares at Rs. 584.20 per share, totaling Rs. 99.54 crore. This comes as the company reported strong financial performance, including a 26% year-on-year growth in Profit After Tax to Rs. 601 crore and a Value of New Business of Rs. 1,049 crore with a 24.50% margin.
15Oct 25
ICICI Prudential Life Reports 26% Profit Growth in H1
ICICI Prudential Life Insurance Company Limited reported strong financial results for the first half of the fiscal year. Profit after tax grew 26% year-on-year to ₹601.00 crore. Value of New Business reached ₹1,049.00 crore with a 24.5% margin. Embedded Value increased by 9.7% to ₹50,501.00 crore. Total premium rose 9.2% to ₹21,251.00 crore, while New Business Sum Assured increased 19.3% to ₹6.77 lakh crore. The company maintained a diversified product mix and improved operational efficiency, reducing its cost-to-premium ratio. ICICI Prudential Life also reported strong customer-centric metrics and a robust capital position with a solvency ratio of 213.2%.
14Oct 25
ICICI Prudential Life Q2 Net Profit Jumps 18% to ₹296 Crore, VNB Margin Improves
ICICI Prudential Life Insurance's Q2 net profit increased by 18% year-on-year to ₹296.00 crore. The company's Annualised Premium Equivalent (APE) declined 3% to ₹2,422.00 crore, while Value of New Business (VNB) grew marginally by 1% to ₹592.00 crore. VNB margin improved to 24.4% from 23.4% in the previous year, indicating enhanced profitability in new business acquisition.
14Oct 25
ICICI Prudential Life Insurance Reports 26% Growth in Profit After Tax for H1-FY2026
ICICI Prudential Life Insurance announced strong financial results for H1-FY2026. Profit After Tax increased by 26% year-on-year to ₹601.00 crore. Value of New Business reached ₹1,049.00 crore with a 24.5% margin. Total premium income grew 9.2% to ₹21,251.00 crore. New Business Sum Assured rose 19.3% to ₹6.77 lakh crore. Embedded Value grew 9.7% to ₹50,501.00 crore. The company improved operational efficiency with reduced cost-to-premium ratios. Persistency and solvency ratios remained strong. Management welcomed recent GST reforms and noted positive customer response.
10Oct 25
ICICI Prudential Life Insurance Raises ₹2,600 Crores Through Debentures
ICICI Prudential Life Insurance Company Limited has successfully raised ₹2,600 crores by issuing unsecured subordinated non-convertible debentures. This capital mobilization is expected to strengthen the company's capital base, potentially enhancing its solvency ratio, supporting growth initiatives, and improving financial flexibility. The fundraising demonstrates the company's strategic financial planning and ability to access debt markets for growth capital.
09Oct 25
ICICI Prudential Reports Robust Premium Growth Across Key Metrics in September
ICICI Prudential Life Insurance Company Limited reported significant growth across key premium metrics for September. The company's retail weighted received premium increased by 15.20%, annualized premium equivalent grew by 15.00%, and new business premium surged by 24.90% year-over-year. These results indicate strong performance in the company's core retail business and success in attracting new customers.
26Sept 25
ICICI Prudential Life Insurance Secures IRDAI Nod for ₹12 Billion Debenture Redemption
ICICI Prudential Life Insurance received approval from IRDAI to redeem non-convertible debentures worth ₹12 billion. The company plans to exercise a call option on November 6, 2025, to redeem 12,000 debentures at par value. This move aligns with regulatory requirements and the company confirms its solvency margin will remain above the 180% regulatory requirement post-redemption. ICICI Prudential has informed the BSE and NSE about this approval, demonstrating transparency and compliance with SEBI regulations.
25Sept 25
ICICI Prudential Life Insurance Announces Board Meeting to Review Q2 and H1 2025 Financial Results
ICICI Prudential Life Insurance Company Limited has announced a board meeting for October 14, 2025, to review and potentially approve Q2 and H1 FY2025 financial results. The company has implemented a trading window closure from October 1 to October 16, 2025, for designated persons and their immediate relatives. This announcement complies with SEBI regulations and the company's Code of Conduct.
19Sept 25
ICICI Prudential Life Insurance Seeks Shareholder Approval for Two New Directors
ICICI Prudential Life Insurance has initiated a postal ballot to appoint Mr. Naveen Tahilyani and Mr. Samit Upadhyay as non-executive directors, effective September 13, 2025. Tahilyani, 51, is the Regional CEO at Prudential Plc, while Upadhyay, 45, is the Head of Retail Assets at ICICI Bank. The e-voting process for shareholders will run from September 20 to October 19, 2025, with results to be declared by October 21, 2025.
12Sept 25
ICICI Prudential Life Insurance Approves ₹12 Billion Debenture Call Option and Board Changes
ICICI Prudential Life Insurance Company Limited has approved the issuance of ₹12 billion in non-convertible debentures over the next year. The company will also exercise a call option to redeem existing debentures worth ₹12 billion on November 6, 2025. Board changes include the resignation of two non-executive directors and the appointment of two new non-executive directors, Mr. Navin Tahilyani and Mr. Samit Upadhyay, effective September 13, 2025. A postal ballot process has been initiated for shareholder approval of the new appointments.
09Sept 25
ICICI Prudential Life to Consider ₹12 Billion NCD Redemption and Fresh Fundraising
ICICI Prudential Life's board will meet on September 12, 2025, to consider redeeming ₹12 billion NCDs issued in 2020 and raising fresh funds through new subordinated NCDs via private placement. The company reported a 34% increase in net profit to ₹302.08 crore for Q1, despite a 5% decline in Total APE and a 3.2% drop in VNB. The company's shares closed 0.7% higher at ₹597.00 on NSE following the announcement. ICICI Prudential Life maintains strong operational metrics with 96.8% digital service interactions, a 99.6% claims settlement ratio, and an 86.0% 13-month persistency ratio.
09Sept 25
ICICI Prudential Life Insurance Reports Mixed Premium Performance in August, Plans ₹12 Billion Debenture Issue
ICICI Prudential Life Insurance Company Ltd reported a 9.3% year-over-year increase in new business premiums for the five-month period ending August. However, the retail weighted received premium (RWRP) declined by 13.1% compared to last year. For August, RWRP stood at ₹5.92 billion, while Annualized Premium Equivalent (APE) was ₹7.22 billion, down 9.4% year-over-year. The company announced plans to raise ₹12 billion through debentures on September 12.
05Sept 25
ICICI Prudential Life Insurance Anticipates 1% Boost in Embedded Value Following GST Exemption
ICICI Prudential Life Insurance Company has welcomed the GST council's decision to exempt individual life insurance policies from GST, effective September 22, 2025. The company anticipates a 1% positive impact on its Embedded Value. This reform aims to make life insurance more affordable and accessible, potentially boosting industry growth and insurance penetration in India. The exemption is expected to increase demand for life insurance products and be value accretive for the organization.
18Aug 25
Insurance Leaders Warn: GST Reduction Could Harm Industry
ICICI Prudential Life Insurance and other insurance industry leaders have expressed concerns about potential changes to the GST structure for the sector. They warn that reducing GST to 5% or removing it entirely for insurance products could lead to increased operational costs, higher premiums, and reduced demand. The industry argues that these changes, contrary to expectations, might negatively impact both insurance providers and consumers.
01Aug 25
IRDAI Allows ICICI Prudential Life to Continue Bancassurance Operations Through Parent Bank
IRDAI has decided not to impose restrictions on ICICI Prudential Life Insurance Company's bancassurance business through ICICI Bank. This allows the insurer to maintain its current distribution model via its parent bank's network. Separately, the company faces a GST-related tax demand of ₹24,70,789 from West Bengal authorities, which it plans to appeal.
30Jul 25
ICICI Prudential Life Insurance Credits ₹0.85 Per Share Final Dividend for FY2025
ICICI Prudential Life Insurance Company Limited has credited the final dividend of ₹0.85 per equity share for the financial year 2025 to shareholders' bank accounts on July 30, 2025. The dividend was approved at the Annual General Meeting on June 27, 2025, with June 12, 2025, set as the record date. Tax has been deducted at source where applicable, and Form 16A certificates will be available by August 15, 2025. Shareholders have been notified via email and can contact KFin Technologies Limited for any discrepancies.
28Jul 25
ICICI Prudential Life Launches 'Saksham Niveshak' Campaign to Address Unclaimed Dividends
ICICI Prudential Life Insurance Company initiates a 100-day 'Saksham Niveshak' campaign from July 28 to November 6, 2025, to help shareholders claim unpaid dividends and update details. The campaign aims to prevent transfer of unclaimed dividends and shares to the Investor Education and Protection Fund (IEPF). The company has sent reminder letters, provided online information, and simplified the claim process. Shareholders are urged to update their KYC and bank details to receive dividends electronically. This initiative complies with the Companies Act 2013 and SEBI regulations.
22Jul 25
ICICI Prudential Life Reports 5% APE Decline in Q1 Despite 34% PAT Growth
ICICI Prudential Life Insurance reported mixed Q1 results with APE declining 5% to ₹18.64 billion, but profit after tax growing 34.2% to ₹3.02 billion. VNB margin improved to 24.5%. Non-linked savings grew 20.8%, while linked business declined 13.6%. Protection business grew 15.2%. The company attributed APE decline to market volatility affecting linked products. ICICI Prudential Life maintains focus on product innovation, distribution expansion, and cost optimization.
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