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ICICI Life reports strong growth in premiums, with NB premium reaching Rs 142.58 billion

11-Nov-26 17:35 Hrs IST

ICICI Life Insurance Limited announced a performance update for October 2026, revealing a year-on-year growth of 8.1% in Retail Weighted Received Premium to Rs 42.01 billion for the seven-month period ending October 2026, compared to the same period last year. The company also reported an Annualised Premium Equivalent (APE) growth of 14.2% to Rs 57.32 billion for the same period, with New Business (NB) premium increasing by 27.0% year-on-year to Rs 142.58 billion. Furthermore, the New Business Sum Assured grew by 28.1% year-on-year to Rs 10,104.52.

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