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India's ICICI Prudential Life posts higher quarterly profit on group policy demand

July 15 (Reuters) - India's ICICI Prudential Life Insurance ICIR.NS on Tuesday reported a 34% rise in first-quarter profit, helped by higher premiums from group policies.

The life insurer reported a profit after tax of 3.02 billion rupees ($35.2 million) for the quarter ended June 30, compared to 2.25 billion rupees a year before.

($1 = 85.7800 Indian rupees)

 (Reporting by Meenakshi Maidas in Bengaluru; Editing by Mrigank Dhaniwala)

 ((Meenakshi.Maidas@thomsonreuters.com; +91 8921483410;))

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