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ICICI Life Insurance Q2 Profit Surges 25 Percent to Rs 374 Crore
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News18•13-10-2026, 17:45
ICICI Life Insurance Q2 Profit Surges 25 Percent to Rs 374 Crore
- •ICICI Life Insurance Ltd reported a 25 percent rise in profit after tax to Rs 374.22 crore for the September quarter of FY27.
- •The growth in profit was primarily driven by higher premium income during the quarter.
- •Net premium income rose 16.5 percent to Rs 13,804 crore compared to Rs 11,843 crore in the year-ago period.
- •The company was recently renamed ICICI Life Insurance Ltd, marking a major milestone in its 25-year journey.
- •Assets under management stood at Rs 3.29 lakh crore with a strong solvency ratio of 229.9 percent as of September 30, 2026.
Key Questions Answered
ICICI Life Insurance Ltd reported a 25 per cent rise in profit after tax (PAT) to Rs 374.22 crore for the September quarter of FY27, compared to Rs 299.26 crore in the year-ago period.
The company's net premium income rose 16.5 per cent to Rs 13,804 crore during the July-September quarter, up from Rs 11,843 crore recorded a year ago.
The company has been officially renamed 'ICICI Life Insurance Ltd', marking a key milestone in its 25-year journey after proposals were previously approved by its board.
