ICICI Prudential Life Insurance Company Limited — PPTs, 14-10-2025: Investor Presentation

ICICI Prudential Life Insurance reported strong H1-FY2026 results with Profit After Tax up 26% YoY to ₹601 Cr and total premium rising 9.2% to ₹21,251 Cr. While Annualised Premium Equivalent (APE) saw a 4.1% decline to ₹4,286 Cr, the 2-year CAGR remains healthy at 10.3%. Value of New Business (VNB) was stable at ₹1,049 Cr with a robust 24.5% margin. Retail sum assured grew significantly by 17.2% to ₹1,71,614 Cr, driven by strong Annuity (+87.5% YoY) and Protection (+6.7% YoY) segment growth.

The company's strategy focuses on balancing growth, profitability, and risk through its '3C Framework', leveraging technology and analytics to enhance customer experience and operational efficiency. Recent efforts include adding 90+ partnerships, 2 new bank tie-ups, 55% digital KYC, and 50% same-day issuance for savings policies. Operational costs (Cost/Total Premium) improved by 280 bps. The company maintains a strong balance sheet with zero NPA and a 213.2% solvency ratio. Management sees significant long-term opportunities in Protection, Savings, and Retirement, fueled by India's demography and low penetration.