INSUBCONTINENT EXCLUSIVE:
ICICI Prudential Life shares traded 7.25 per cent higher at Rs 485HighlightsICICI Prudential Life Insurance share price rose as much as
11.44% ICICI Prudential Life Insurance reported profit of Rs 62.51 crore in Q4 ICICI Prudential Life Insurance posted growth despite
Covid-19Shares of leading life insurance services provider - ICICI Prudential Life Insurance - rose as much as 11.44 per cent to hit an
intraday high of Rs 504 a day after the company reported its March quarter earnings
ICICI Prudential Life Insurance's net profit fell to Rs 62.51 crore from Rs 178 crore
challenges posed by the pandemic, ICICI Prudential Life Insurance posted a strong growth in the quarter ended March 31, 2021
New business Annualised Premium Equivalent (APE) grew 27 per cent year-on-year in Q4-FY2021 to Rs 2,509 crore, on the back of 108 per cent
(VNB) for the quarter grew by 26 per cent year-on-year to Rs 591 crore
disruptions caused by Covid-19, we were able to demonstrate resilience in our operations
In this quarter, APE grew by 27 per cent year-on-year with the month of March posting the best ever monthly sales for the Company in any
year-on-year in Q4-FY2021 to end the quarter at Rs 5,133 crore, resulting in new business premium for FY2021 at Rs 13,032 crore
The annuity business registered a robust growth of 213 per cent from Rs 346 billion in Q4-FY2020 to Rs 1,083 crore of new business received
premium in Q4-FY2021; resulting in new business premium of Rs 22.92 billion for this segment in FY2021
Assets under Management grew by 40 per cent from Rs 1,529.68 crore at March 31, 2020 to Rs 2,142.18 crore at March 31, 2021, ICICI
