ICICI Prudential Life Reports Healthy June & Q1 FY27 Business Update

Key Highlights ICICI Prudential Life Insurance reported healthy growth across key business metrics in both June 2026 and Q1 FY27, reflecting continued momentum in premium collections and new business. June 2026 Performance • Retail Weighted Received Premium (RWRP) stood at ₹623 Crore, up 12.7% YoY. • Annualized Premium Equivalent (APE) increased to ₹795 Crore, registering 14.6% YoY growth. • Retail APE stood at ₹628 Crore, up 9.6% YoY. • New Business Premium (NBP) rose to ₹1,967 Crore, growing 25.0% YoY. • New Business Sum Assured increased to ₹1,453.33 Crore, up 44.3% YoY. Q1 FY27 Performance • Retail Weighted Received Premium (RWRP) stood at ₹1,538 Crore, up 13.4% YoY. • Annualized Premium Equivalent (APE) grew to ₹2,136 Crore, registering 14.6% YoY growth. • Retail APE increased to ₹1,646 Crore, up 8.9% YoY. • New Business Premium (NBP) stood at ₹4,866 Crore, up 21.3% YoY. • New Business Sum Assured increased to ₹4,896.65 Crore, reflecting 31.8% YoY growth. What It Means • Strong growth in APE and RWRP indicates healthy demand across the company's life insurance products. • Robust growth in New Business Premium and Sum Assured reflects improving customer acquisition and higher protection-led sales. • The business update highlights sustained momentum in both premium growth and insurance coverage expansion. Market Impact Impact: Positive Healthy growth across key operating metrics reinforces ICICI Prudential Life's strong business momentum and supports a positive outlook for FY27. Learning Outcome For life insurance companies, APE, RWRP, New Business Premium (NBP), and New Business Sum Assured are key operating metrics. Consistent growth across these indicators reflects healthy distribution, stronger customer demand, and long-term business expansion.