ICICI Prudential Life Insurance has released its performance update for April 2026, showcasing robust year-on-year growth across key business metrics. The company reported double-digit increases in several areas, including a 24.6% rise in Retail Weighted Received Premium (RWRP) and a 25.6% surge in New Business (NB) premium. These results highlight a strong start to the new financial year, reflecting sustained momentum in the company’s retail and new business segments.
Monthly Business Performance
The company experienced significant growth in April 2026, outperforming its year-to-date benchmarks. Key performance indicators show strong market traction across its various product lines. The Retail Weighted Received Premium (RWRP) reached ₹4.21 billion, marking a healthy 24.6% year-on-year increase. Similarly, the Annualized Premium Equivalent (APE) grew by 24.1% to reach ₹6.18 billion during the same period.
New Business Expansion
The New Business (NB) segment remains a primary growth driver for ICICI Prudential Life Insurance. In April 2026, the company recorded an NB premium of ₹12.96 billion, representing a substantial 25.6% growth compared to the previous year. Furthermore, the Retail APE segment contributed ₹4.60 billion, achieving a 23.0% increase in year-on-year performance. While the total New Business sum assured stood at ₹1,776.83 billion, the steady growth in premium segments underscores the company’s ongoing success in capturing customer demand and expanding its insurance footprint.
Source: BSE
