Icici Bank ( (IBN) ) has released its Q4 earnings. Here is a breakdown of the information Icici Bank presented to its investors.
ICICI Prudential Life Insurance Company Limited, a leading private sector life insurance company in India, offers a range of protection and savings products to meet various customer needs. The company has reported a significant growth in its financial performance for the fiscal year 2025, with a 39.6% increase in Profit After Tax (PAT) to ₹11.89 billion. The Value of New Business (VNB) rose by 6.4% to ₹23.70 billion, and the company’s Embedded Value (EV) increased by 13.3% to ₹479.51 billion. The company also declared a final dividend of ₹0.85 per share, subject to shareholder approval.
The company’s financial results highlight a robust growth trajectory, with a 24.9% increase in new business received premium to ₹225.83 billion and a 15.0% rise in Annualised Premium Equivalent (APE) to ₹104.07 billion. The retail new business sum assured saw a remarkable 37% growth to ₹3,324.49 billion, while the total in-force sum assured increased by 15.6% to ₹39,434.74 billion. The company’s assets under management grew by 5.2% to ₹3,093.59 billion, reflecting strong customer trust and effective fund management.
ICICI Prudential’s diverse product mix and distribution network have contributed to its strong performance, with significant growth in the retail protection and annuity segments. The company’s cost metrics have improved, with a slight reduction in the cost-to-premium ratio to 18.1% and a stable solvency ratio of 212.2%, well above the regulatory requirement. The company’s commitment to sustainability and customer satisfaction is evident in its high persistency ratios and industry-leading claim settlement record.
Looking ahead, ICICI Prudential Life Insurance remains focused on enhancing customer experience through innovative products and efficient service delivery. The company’s strong financial foundation and strategic initiatives position it well for sustainable growth in the competitive insurance market.