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Banking and Finance

ICICI Prudential Life Insurance reports strong performance for 9M-FY2025

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Performance Highlights •         Profit after Tax (PAT) registers a growth of 18.3% to ₹ 803 crore in 9M-FY2025 •         VNB grew by 8.5% ₹ 1,575 crore in 9M-FY2025 •         Robust RWRP growth of 31.4% in 9M-FY2025, outperforming overall and private life insurers over the last five quarters •         Number of policies (NOP) sold grew by 14.4% in 9M-FY2025, outperforming the private sector NOP growth •         Strong growth in Annuity and Retail Protection of 81.7% and 24.2% respectively in 9M-FY2025 •         13th month persistency of 89.8% at 9M-FY2025 •         Total In-force Sum Assured witnessed a growth of 17.0% to ₹ 37.78 lakh crore at December 31, 2024 •         Pension

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