ICICI Prudential Life Insurance announced a 23.5% year-on-year increase in profit after tax (PAT), reaching ₹992 crore for the nine months ended December 31, 2025. Value of New Business (VNB) stood at ₹1,664 crore. The company’s solvency ratio was 214.8%. The results reflect strong performance in core retail protection and balanced growth. Assets under management (AUM) reached ₹3.31 lakh crore.
Financial Performance
ICICI Prudential Life Insurance has reported a strong financial performance for the nine months ended December 31, 2025 (9M-FY2026):
- Profit after Tax (PAT) increased by 23.5% year-on-year to ₹992 crore.
- Value of New Business (VNB) reached ₹1,664 crore, with a margin of 24.4%.
- Operating expense decreased by 9.2%
- Assets under Management (AUM) reached ₹3.31 lakh crore.
Business Highlights
Key highlights from the report include:
- The retail protection APE increased by 40.8% year-on-year.
- New Business Sum Assured (NBSA) grew by 15.5% year-on-year in Q3-FY2026.
- The company’s solvency ratio was recorded at 214.8% as of December 31, 2025.
- The company maintained a claim settlement ratio of 99.3%.
Segment Performance
The following table provides information pertaining to net premium income, income from investments and total income for various operating segments:
Source: BSE
