Companies

ICICI Prudential Life Insurance Q3 Results: Net profit rises 19% YoY to ₹387 crore; VNB margin expands to 24.4%

January 13, 2026

ICICI Prudential Life Insurance Company reported over 19% jump in its net profit along with a strong improvement in value of new business and margins during the third quarter of FY26. The company’s net profit in Q3FY26 rose 19.15% to ₹387.15 crore from ₹324.91 crore in the year-ago period. Value of New Business (VNB), which is the measure of profitability for a life insurance company, during the December 2025 quarter rose 19% to ₹615 crore, compared with ₹517 crore, year-on-year (YoY).

ICICI Prudential Life Insurance Q3 Results: Net profit rises 19% YoY to ₹387 crore; VNB margin expands to 24.4%

Credit: Livemint

Key Highlights

The company’s VNB margins improved to 24.4% from 21.2%, YoY.
Annualised Premium Equivalent (APE) stood at ₹2,525 crore and retail APE grew by 9.9% YoY to ₹2,116 crore in Q3-FY2026.
Retail Protection APE grew by 40.8% YoY in Q3FY26, ICICI Prudential Life Insurance Company said.
Retail New Business Sum assured grew by 51.6% YoY to ₹1.24 lakh crore during the December quarter.
Retail Number of Policies grew by 11.7% YoY.

Sources

ICICI Prudential Life Insurance Q3 Results: Net profit rises 19% YoY to ₹387 crore; VNB margin expands to 24.4%

This quick summary is automatically generated using AI based on reports from multiple news sources. The content has not been reviewed or verified by humans. For complete details, accuracy, and context, please refer to the original published articles.

ICICI Prudential Life Insurance Q3 Results: Net profit rises 19% YoY to ₹387 crore; VNB margin expands to 24.4%

Key Highlights

Sources

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