ICICI PRU LIFE INS CO LTD

ICICI Prudential Life Insurance Company Limited hosted an earnings conference call on July 15, 2026, to discuss its performance for Q1-FY2027. Management reported a 24.9% year-on-year growth in Value of New Business (VNB) to ₹5.71 billion, with VNB margins expanding to 26.7%. The company noted a 31.8% increase in sum assured, driven by a 45.7% growth in protection APE. Retail protection grew by 60.4% year-on-year, while New Business Premium rose by 21.3% to ₹48.66 billion. Management highlighted the impact of regulatory changes aimed at enhancing transparency and customer outcomes. The company maintained a strong solvency ratio of 225.4% and a claim settlement ratio of 99.3%. Despite macroeconomic volatility, management expressed confidence in sustaining growth and enhancing customer value.

Management emphasized strong growth metrics and positive regulatory developments.