ICICI Prudential Life Q3 FY26: Profit Soars, Business Booms
ICICI Prudential Life Insurance is once again the hot topic of the town! The net profit of the company for the third quarter of the fiscal year 2026 spectacularly increased by 19.15% year-on-year, reaching ₹387.15 crore compared to last year’s net profit of ₹324.91 crore. This is just the beginning, the Value of New Business (VNB) skyrocketed by 19% year-on-year to ₹615 crore, a clear indication of strong growth momentum. Moreover, VNB margin has expanded to 24.4% from 21.2%, making the business even more profitable.
On the other hand, the Annualised Premium Equivalent (APE) has grown to ₹2,525 crore, with the retail segment being the major contributor, increasing its share by 9.9% year-on-year to ₹2,116 crore. Investors were so pleased that the stock price rose by 3.58% to ₹704.20 on the BSE.
The announcement could not be clearer: ICICI Prudential is not just about growth, it is a golden goose, and more importantly, it is setting a new benchmark for life insurance in India.
This is indeed a very bold upward trajectory for policyholders, investors, and market watchers!
About ICICI Prudential Life Insurance
Are you in need of an insurance provider that truly offers the best? Then, look no further than ICICI Prudential Life, which was established in the year 2000 and is jointly owned by ICICI Bank (51%) and Prudential UK (22%).
It was a pioneer in India by being the first life insurance company to go for listing on NSE and BSE in 2016. Not only is it big with its assets of ₹3.21 trillion under management, but actually, it is also very strong. Do you wonder what’s the speed of claim settlements? Well, 99.04% of claims are approved with an average turnaround time of 1.2 days. Therefore, whether you are investing or insured, ICICI Prudential has not only been there but also has played a major role in the market. Are you prepared to discover a life insurance policy that can work for you?
ICICI Prudential Life: Key Shareholding & Financial Snapshot
| Category | Details |
|---|---|
| Promoter Holding | 72.93% |
| Market Capitalization | ₹99,228 crore (mid-January 2026) |
| Profitability (Q3 FY26) | Net profit ₹387.15 crore, up 19% YoY |
Digital-First Services
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Over 95% of new business logged digitally.
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Features AI-powered chatbot LiGo.
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Policy management available through ICICI Prudential Life official website.
(With Inputs)
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Aishwarya is a journalism graduate with over three years of experience thriving in the buzzing corporate media world. She’s got a knack for decoding business news, tracking the twists and turns of the stock market, covering the masala of the entertainment world, and sometimes her stories come with just the right sprinkle of political commentary. She has worked with several organizations, interned at ZEE and gained professional skills at TV9 and News24, And now is learning and writing at NewsX, she’s no stranger to the newsroom hustle. Her storytelling style is fast-paced, creative, and perfectly tailored to connect with both the platform and its audience. Moto: Approaching every story from the reader’s point of view, backing up her insights with solid facts.
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