ICICI Prudential Life Insurance has released its performance update for August 2026. The company reported positive year-on-year growth across several key financial metrics, including Retail APE, NB premium, and NB sum assured. This update, submitted as per SEBI regulations, reflects the ongoing business momentum and strategic progress of the company in the life insurance sector.
August 2026 Performance Highlights
ICICI Prudential Life Insurance has issued its performance update for the month of August 2026. The figures presented indicate continued growth and positive trends across critical business segments, offering insight into the company’s operational trajectory for the period.
Key Financial Metrics
The reported data showcases the following key performance indicators:
- RWRP (Retail Weighted Received Premium): The company reported ₹6.57 billion for August 2026, with a year-on-year growth of 11.0%. This metric demonstrates a steady increase in premium income from retail policies.
- APE (Annualized Premium Equivalent): APE stood at ₹8.91 billion for the month, registering a significant year-on-year growth of 23.4%. This indicates strong growth in new business sales.
- Retail APE: Specifically for the retail segment, APE was recorded at ₹7.36 billion, marking a substantial year-on-year increase of 24.5%.
- NB Premium (New Business Premium): New business premium reached ₹19.53 billion, showing a year-on-year growth of 10.0%. This is a key indicator of the company’s ability to acquire new customers and generate immediate revenue from new policies.
- NB Sum Assured: The new business sum assured amounted to ₹1,377.10 billion, reflecting an impressive year-on-year growth of 57.9%. This substantial increase highlights the growing protection coverage being provided to policyholders.
Quarterly and Fiscal Year Data
The update also provides comparative data for Q1-FY2027 and the 5M-FY2027 period, allowing for a broader perspective on the company’s performance:
- Q1-FY2027: Key figures for the first quarter include RWRP of ₹15.38 billion (13.4% growth), APE of ₹21.36 billion (14.6% growth), Retail APE of ₹16.46 billion (8.9% growth), NB Premium of ₹48.66 billion (21.3% growth), and NB Sum Assured of ₹4,896.65 billion (31.8% growth).
- 5M-FY2027: For the first five months of FY2027, the company reported RWRP of ₹29.07 billion (11.7% growth), APE of ₹39.75 billion (16.4% growth), Retail APE of ₹31.41 billion (13.0% growth), NB Premium of ₹91.20 billion (18.5% growth), and NB Sum Assured of ₹7,581.67 billion (33.7% growth).
A copy of this performance update has been hosted on the company’s website for public access.
Source: BSE
