ICICI Life Insurance Q2 profit surges 25 pc to Rs 374 cr

New Delhi, Oct 13 (PTI) ICICI Life Insurance Ltd on Tuesday reported a 25 per cent rise in profit after tax to Rs 374.22 crore for the September quarter of FY27, driven by higher premium income.

The private insurance firm had posted a PAT of 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 in the July-September quarter against Rs 11,843 crore a year ago, ICICI Life Insurance said in a stock exchange filing. 

Its total income declined to Rs 11,742 crore in the quarter under review from Rs 12,015 crore in the year-ago period.

Further, the company has been renamed ‘ICICI Life Insurance Ltd’, marking a key milestone in its 25-year journey.

ICICI Life Insurance’s solvency ratio stood at 229.9

per cent as of September 30. Its assets under management stood at Rs 3.29 lakh crore as of September 30, 2026. PTI SP SP BAL

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