BusinessPhoto: Mint MarketsICICI Prudential Life Q2 Shows Strong Growth, Watch Risks
ICICI Prudential Life Insurance reported strong Q2FY27 results with annualized premium equivalent (APE) rising 15.6% year-on-year to ₹2,799 crore. The value of new business (VNB) increased 20.3% to ₹712 crore, expanding the margin by 98 basis points to 25.4%, driven by a better mix of protection (term) insurance products. Investors are advised to monitor potential risks despite growth.
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