ICICI Life Insurance has released its performance update for October 2026. The update, submitted as per SEBI regulations, details key business metrics including Retail APE, NB premium, and NB sum assured. The company also noted that a copy of this update is hosted on its official website for public access and record.
ICICI Life Insurance: October 2026 Performance Update
ICICI Life Insurance, formerly known as ICICI Prudential Life Insurance Company Limited, has issued its performance update for the month of October 2026. This disclosure is made in accordance with Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015.
Key Business Metrics
The performance update highlights several key financial and business indicators:
- RWRP (Retail Weighted Received Premium): The reported figure for October 2026 was ₹5.99 billion, with a year-on-year growth of (0.3%).
- APE (Annualised Premium Equivalent): This stood at ₹7.97 billion for October 2026, showing a year-on-year growth of 8.6%.
- Retail APE: The Retail APE for the month was ₹5.82 billion, marking a year-on-year growth of (3.2%).
- NB premium (New Business Premium): ICICI Life recorded ₹24.37 billion in new business premium for October 2026, a significant year-on-year increase of 37.5%.
- NB sum assured (New Business Sum Assured): The sum assured for new business reached ₹1,292.60 billion in October 2026, with a year-on-year growth of 15.4%.
Comparative Performance Data
The document also provides comparative data against previous financial periods, including FY2026, Q1-FY2027, and Q2-FY2027, as well as the 7-month period of FY2027 (7M-FY2027). For instance, the NB premium for 7M-FY2027 was ₹142.58 billion with a year-on-year growth of 27.0%. Similarly, the NB sum assured for 7M-FY2027 was ₹10,104.52 billion, showing a year-on-year growth of 28.1%.
A copy of this performance update has also been hosted on the company’s website.
Source: BSE
