ICICI Prudential Life Insurance has released its performance update for January 2026. The data provided covers key metrics like Retail Weighted Received Premium (RWRP), Annualized Premium Equivalent (APE), and New Business (NB) premium and sum assured for the month and the 10 months ending January 2026. The update shows positive year-on-year growth in several metrics for the month, particularly in New Business sum assured at 17.5%.
ICICI Prudential Life Insurance: January 2026 Performance
This communication provides a summary of the key operational metrics for ICICI Prudential Life Insurance for the month of January 2026, compared against the corresponding period last year (Y-o-Y) and cumulative figures for the 10 months of FY2026 (10M-FY2026).
Premium Growth Metrics (₹ Billion)
The following table summarizes the premium growth indicators. Note that the figures are presented in ₹ Billion.
Retail Weighted Received Premium (RWRP)
- For January 2026: ₹7.84 billion, showing a 8.7% year-on-year growth.
- For 10M-FY2026: The cumulative figure stands at ₹61.11 billion, which reflects a decline of (2.3%) Y-o-Y.
Annualized Premium Equivalent (APE)
- January 2026 saw an APE of ₹9.90 billion, marking a 4.1% increase compared to the previous year.
- The 10M-FY2026 cumulative APE is ₹78.01 billion, down (0.7%) Y-o-Y.
Retail APE
- Retail APE for the month reached ₹8.18 billion, posting a growth of 5.0% Y-o-Y.
- The 10-month performance for Retail APE is ₹64.53 billion, showing a slight contraction of (1.2%).
New Business (NB) Highlights
New Business Premium
- New Business premium for January 2026 was ₹19.90 billion, reflecting strong monthly momentum with a 12.0% Y-o-Y growth.
- The cumulative NB premium for 10M-FY2026 stands at ₹170.80 billion, representing a modest 1.0% growth year-on-year.
New Business Sum Assured
- The New Business sum assured in January 2026 was ₹1,656.71 billion, demonstrating robust growth of 17.5% compared to January last year.
- For the 10-month period ending January 2026, the total sum assured is ₹11,816.80 billion, growing by 18.0% Y-o-Y.
Context and Reporting
The data presented here pertains to the performance for the month of January 2026. The company confirms that a complete copy of this performance update has been made available on its official website for broader stakeholder reference.
Source: BSE
