ICICI Prudential Life Insurance announces its performance update for October 2025. The company reported a 2.7% year-on-year increase in RWRP and a 2.9% year-on-year growth in APE. New business premium saw a substantial rise of 6.5% year-on-year, with new business sum assured increasing by 23.1%. The company maintains a strong focus on balancing growth, profitability, and risk prudence.
Premium Growth Overview
ICICI Prudential Life Insurance has released its performance figures for October 2025, showcasing positive momentum in key metrics:
- RWRP (Retail Weighted Received Premium): Increased by 2.7% year-on-year to ₹6.01 billion.
- APE (Annualized Premium Equivalent): Grew by 2.9% year-on-year to ₹7.34 billion.
- Retail APE: Reached ₹6.01 billion.
New Business Performance
The company demonstrated robust growth in its new business segment:
- New Business Premium: Increased by 6.5% year-on-year, reaching ₹17.73 billion.
- New Business Sum Assured: Showed a significant increase of 23.1% year-on-year, amounting to ₹1,119.90 billion.
H1-FY2026 Snapshot
A review of H1-FY2026 performance highlights:
- APE: ₹42.86 billion.
- VNB Margin: 24.5%.
- Assets Under Management: ₹3,214.94 billion.
- Solvency Ratio: 213.2%.
Channel-Wise Growth
Analyzing channel performance for H1-FY2026:
- Agency: Contributes 24.9%.
- Direct: Contributes 14.3%.
- Banca: Contributes 30.2%.
- PD: Contributes 12.7%.
Product Mix
Product mix highlights for H1-FY2026:
- Linked: 48%.
- Non-Linked: 22%.
- Protection: 19%.
- Group Funds: 6%.
- Annuity: 5%.
Persistency Ratios
The company maintains healthy persistency ratios across its policies:
- 13th Month Persistency: 85.3%.
- 25th Month Persistency: 83.1%.
Source: BSE
