ICICI Prudential investor presentation: Strong growth in premium income

ICICI Prudential Life Insurance Company reports significant growth in its investor presentation for February 2025. The company highlights a 22.3% year-over-year increase in retail weighted received premium (RWRP), reaching ₹69.88 billion for the 11-month period. Annualized premium equivalent (APE) also rose impressively, at 20.1% to ₹87.34 billion. The company showed strong retail APE growth up 19.7% year over year. New business premium increased 26.4% to reach ₹187.74 billion, and new business sum assured went up 19.1% to ₹10,849.97 billion. ICICI Prudential emphasizes its customer-centric approach, diversified distribution channels, and sustained focus on innovation as key drivers for its performance.