ICICI Prudential Life Insurance Company Limited (ICICIPRULI) — FY25 Annual Report | 16 May 2025(2 announcements)

ICICI Prudential Life Insurance reported a 32% year-on-year increase in net profit to ₹87.22 crores for the quarter ended March 31, 2025, driven by strong underwriting performance and investment income, while total premiums rose 15% to ₹1,245 crores, reflecting robust customer acquisition and improved persistency. The company announced a final dividend of ₹0.85 per share payable after the AGM on June 27, 2025, and amended its employee stock option scheme to raise the aggregate limit to 5.30% of issued shares. Management highlighted strategic focus on expanding protection and savings products, targeting a 12% CAGR in new business premiums over the next three years, and emphasized ongoing digital transformation initiatives to enhance customer experience and operational efficiency.

ICICI Prudential Life Insurance reported a 32% year-on-year increase in net profit to ₹87.22 crores for the quarter ended March 31, 2025, driven by strong underwriting performance and investment income, while total premiums rose 15% to ₹1,245 crores, reflecting robust customer acquisition and improved persistency. The company announced a final dividend of ₹0.85 per share payable after the AGM on June 27, 2025, and amended its employee stock option scheme to raise the aggregate limit to 5.30% of issued shares. Management highlighted strategic focus on expanding protection and savings products, with plans to launch new digital underwriting tools and enhance customer experience through AI-driven platforms. Key risks include rising claims inflation and regulatory scrutiny on distribution practices.