ICICI Prudential Life Insurance Company Limited — PPTs, 15-07-2026: Investor Presentation

ICICI Prudential Life delivered strong Q1-FY27 results. Annualised Premium Equivalent (APE) grew 14.6% YoY to ₹2,136 Cr, with Total Premium reaching ₹10,251 Cr (+14.5% YoY). Value of New Business (VNB) surged 24.9% to ₹571 Cr, achieving a 26.7% margin. Profits after Tax increased 27.8% to ₹386 Cr. Notably, retail sum assured jumped 45.9% YoY to ₹113,413 Cr, showcasing robust growth in the protection segment. Cost efficiency improved, with the savings LOB cost ratio declining to 13.6%.

The company's strategy focuses on sustainable VNB growth, driven by a comprehensive product suite, diversified distribution, and operational efficiency leveraging technology. A key initiative is the proposed renaming to 'ICICI Life Insurance Limited', reflecting the strong brand association. Management sees significant long-term growth potential in India's under-penetrated protection, long-term savings, and retirement markets, supported by favorable demographics and rising financialization of savings.