ICICI Prudential Life Insurance Reports Strong 9M-FY2025 Performance
Bengaluru: ICICI Prudential Life Insurance has reported an 18.3% year-on-year growth in Profit After Tax (PAT) to ₹803 crore for 9M-FY2025.
Key Highlights:
- Value of New Business (VNB) grew 8.5% to ₹1,575 crore
- VNB margin stood at 22.8%
- Annualised Premium Equivalent (APE) grew 27.2% year-on-year
- Annuity business APE grew 81.7% year-on-year
- Retail protection business APE grew 24.2% year-on-year
MD & CEO, Anup Bagchi, said, “Our focus on customer demand has helped us outperform the industry’s premium growth. We’ve delivered a 31.4% year-on-year Retail Weighted Received Premium growth in 9M-FY2025.”
