StockWatch
·
Life Insurance
Monthly Update8 Oct 2026, 12:26 pm

ICICI Prudential Life Insurance: September 2026 Business Update

AI Summary

ICICI Prudential Life Insurance Company Ltd has released its monthly business performance update for September 2026. The company reported a year-on-year growth of 15.38% in Retail Weighted Received Premium (RWRP) to ₹82.06 billion for the month. Annualised Premium Equivalent (APE) saw a 2.2% YoY growth to ₹106.41 billion. Retail APE grew by 8.9% YoY to ₹16.46 billion. New Business (NB) premium increased by 21.3% YoY to ₹48.66 billion, with NB sum assured growing by 31.8% YoY to ₹4,896.65 billion. The update also includes year-to-date figures for FY2026 and Q1-FY2027.

Key Highlights

  • September 2026 RWRP grew 15.38% YoY to ₹82.06 billion.
  • APE grew 2.2% YoY to ₹106.41 billion in September 2026.
  • New Business premium rose 21.3% YoY to ₹48.66 billion.
  • NB sum assured surged 31.8% YoY to ₹4,896.65 billion.