ICICI Prudential Life Insurance
643.45
+6.60(+1.04%)
Market Cap₹93,144.60 Cr
PE Ratio68.07
IndustryInsurance
Company Performance:
1D+1.04%
1M-4.58%
6M+7.05%
1Y+6.18%
5Y+31.46%
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More news about ICICI Prudential Life Insurance
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.
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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.
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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.
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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.
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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.
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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.
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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%.
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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.
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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.
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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.
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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.
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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.
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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.
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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.
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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.
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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.
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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.
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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.
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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.
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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.
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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.
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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.
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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.
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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.
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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.
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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.
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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.
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23Dec 25
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.
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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.
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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.
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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.
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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.
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28Nov 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.
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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.
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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.
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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.
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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.
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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.
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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.
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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.
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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.
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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%.
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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.
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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.
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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.
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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.
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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.
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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.
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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.
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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.
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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.
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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.
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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.
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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.
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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.
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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.
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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.
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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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16Jul 25
ICICI Prudential Life Reports 34.2% PAT Growth, Plans Product Innovation
ICICI Prudential Life Insurance reported strong Q1 results with a 34.2% year-on-year increase in Profit After Tax to ₹302.00 crore. The company saw total premium growth of 8.1% to ₹8,954.00 crore and a 36.3% rise in New Business Sum Assured. Value of New Business reached ₹457.00 crore with a 24.5% margin. Assets Under Management grew 5.1% to ₹3.20 lakh crore. The company maintained a diversified product mix and distribution network, improved operational efficiency, and announced plans for growth recovery and product innovation over the next nine months.
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15Jul 25
ICICI Prudential Life Insurance Reports 34% Surge in Q1 Profit, Driven by Higher Premiums and Lower Costs
ICICI Prudential Life Insurance Company Limited posted strong Q1 results with a 34% year-on-year increase in Profit After Tax to ₹3.02 billion. Net premium income grew by 8% to ₹85.03 billion, driven by a 20% rise in single premiums. The company saw improved cost efficiency with a 10.1% decrease in operating expenses. Value of New Business reached ₹4.57 billion with a 24.5% VNB margin. Protection Annual Premium Equivalent grew by 15.2%, and New Business Sum Assured increased by 36.3%. The company maintained a robust solvency ratio of 212.3%.
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10Jul 25
ICICI Prudential Life: Q1 New Business Premium Rises Despite APE Fall
ICICI Prudential Life Insurance reported mixed Q1 results with new business premium growing 6.5% year-over-year to ₹4,012.00 crore, while Annualised Premium Equivalent (APE) decreased by 5% to ₹1,864.00 crore. Retail APE saw a 9.2% decline to ₹1,512.00 crore. The company's share price initially fell but later pared losses after the update.
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09Jun 25
ICICI Prudential Life Reports Mixed APE Results: Total APE Up, Retail APE Down
ICICI Prudential Life Insurance Company reports a 1.00% increase in Total Annualized Premium Equivalent (APE), but faces a 14.00% decline in Retail APE. Despite this, the company achieves a 7.00% growth in premiums, indicating a complex market performance across different business segments.
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14May 25
ICICI Prudential Life Insurance Reports 5.3% YoY Decline in APE for April 2025
ICICI Prudential Life Insurance Company Limited experienced a 5.30% year-on-year decrease in Annual Premium Equivalent (APE) for April 2025. This decline in APE, a key metric for measuring new business growth in the insurance industry, suggests potential challenges in new business acquisition or policy renewals. The company may be facing increased competition, changing consumer preferences, or impacts from regulatory changes. This performance raises questions about the overall health of India's life insurance sector and may prompt ICICI Prudential to consider strategies such as introducing new products, enhancing digital capabilities, or focusing on cost optimization.
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13May 25
ICICI Prudential Life Insurance Reports 5.3% Decline in APE for April 2025
ICICI Prudential Life Insurance Company Limited experienced a 5.30% decrease in Annual Premium Equivalent (APE) for April 2025 compared to the previous year. APE, a key metric for measuring new business growth in the insurance industry, combines annualized first-year premiums on regular policies with 10% of single premiums. This decline suggests a challenging start to the financial year for the company, potentially due to changing market conditions, increased competition, shifts in consumer preferences, or economic factors affecting insurance buying patterns.
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18Apr 25
ICICI Prudential Life Insurance Faces ₹3.67 Crore GST Demand as Appeal Rejected
ICICI Prudential Life Insurance received an order from the Commissioner of CGST & Central Excise (Appeals), Mumbai, confirming a tax liability of ₹3.67 crore. The demand includes ₹1.83 crore in GST liability, an equal amount in penalties, and ₹1,611 in interest. The dispute originates from FY 2018 and involves denied service tax credits during the GST transition. The company plans to appeal the decision, stating there's no immediate financial impact.
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15Apr 25
ICICI Prudential Life Insurance Reports 39.6% PAT Growth in FY2025, Recommends ₹0.85 Final Dividend
ICICI Prudential Life Insurance Company Limited announced impressive financial results for FY2025. Profit After Tax surged 39.6% to ₹1,189.00 crore. Value of New Business increased 6.4% to ₹2,370.00 crore, with a 22.8% margin. Total premium income rose 13.2% to ₹48,951.00 crore. Annualized Premium Equivalent grew 15% to ₹10,407.00 crore. The company maintained a diversified product mix and multi-channel distribution network. Assets under management grew 5.2% to ₹3,09,359.00 crore, with a strong solvency ratio of 212.2%. The Board recommended a final dividend of ₹0.85 per equity share.
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15Apr 25
ICICI Prudential Life Insurance: Q4 Profit Soars 122%, FY25 Performance Shows Strong Growth
ICICI Prudential Life Insurance Company Limited announced strong financial results for FY25. Net profit in Q4 FY25 surged 122% year-on-year to ₹385.00 crore. For the full fiscal year, Profit After Tax (PAT) increased by 39.6% to ₹1,189.00 crore. Value of New Business (VNB) grew by 6.4% to ₹2,370.00 crore. Total premium income rose 13.2% to ₹48,951.00 crore, while Assets Under Management grew 5.2% to ₹3.09 lakh crore. The company maintained a diversified product mix and improved its 13th month persistency ratio to 89.1%. A final dividend of ₹0.85 per share was declared for FY25.
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13Apr 25
ICICI Prudential Life Insurance to Announce Q4 Results and Consider Dividend on April 15
ICICI Prudential Life Insurance Company will release its Q4 FY25 and full fiscal year 2025 results on April 15, 2025. The board will consider dividend recommendations. Trading window for designated persons will be closed from April 1 to April 17, 2025.
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01Apr 25
ICICI Prudential Life Insurance Faces Rs 328 Crore Tax Demand Amid Strong Financial Performance
ICICI Prudential Life Insurance has received a tax demand of Rs 328.00 crore for the assessment year 2023-24. Despite this challenge, the company shows robust financial performance with revenue growth of 78.53% to Rs 91,712.50 crore and a 4.57% increase in net profit to Rs 850.70 crore. Total assets have grown by 17.34% to Rs 293,527.00 crore, and the investment portfolio has increased by 16.72% to Rs 289,796.00 crore.
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28Mar 25
ICICI Prudential Life Insurance to Challenge ₹328 Crore Income Tax Demand
ICICI Prudential Life Insurance received a tax demand of ₹328.42 crore for AY 2023-24 from Maharashtra's Assistant Commissioner of Income Tax. The demand includes ₹265.49 crore in tax and ₹62.92 crore in interest. The company plans to appeal, citing previous favorable rulings on similar issues. Key points of contention include treatment of transfers between accounts, disallowance of exemptions, and taxation of certain incomes. ICICI Prudential Life will file an appeal with the Commissioner (Appeals) within the prescribed timeline.
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28Mar 25
ICICI Prudential Life Insurance Faces ₹3.28 Billion Tax Demand for FY 2023-24
ICICI Prudential Life Insurance Company has received a tax demand of ₹3.28 billion from the Income Tax Department for the Assessment Year 2023-24. The demand includes ₹2.65 billion in income tax and ₹629 million in interest. Key issues raised include treatment of transfers between accounts, disallowance of exemptions, and taxation of certain incomes. The company plans to appeal the order, citing previous favorable rulings on similar issues.
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05Mar 25
ICICI Prudential Life Insurance Sees Block Trade and Employee Stock Option Allotment
A significant block trade of 329,448 ICICI Prudential Life Insurance Company Ltd. shares occurred on NSE, valued at ₹18.17 crores at ₹551.55 per share. The company also allotted 500 equity shares under its employee stock option scheme on March 4, 2025.
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05Mar 25
ICICI Prudential Life Insurance Reports Large Block Trade and Share Allotment
ICICI Prudential Life Insurance Company Ltd. saw a significant block trade on NSE involving 399,036 shares valued at Rs. 21.96 crores. Additionally, the company allotted 500 equity shares under its employee stock option scheme on March 4, 2025.
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04Mar 25
ICICI Prudential Life Insurance Sees Major Block Trade Amid Recent Corporate Activities
A significant block trade of 508,893 shares of ICICI Prudential Life Insurance Company Ltd. was executed on the National Stock Exchange, valued at Rs. 27.88 crores with a per-share price of Rs. 547.90. The company also reported recent corporate activities, including an allotment of 500 equity shares under an employee stock option scheme on March 4, 2025, and upcoming investor meetings at the Jefferies 6th Asia Forum in Hong Kong on March 19-20, 2025.
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