India's ICICI Prudential Life Insurance falls after Q1 business update

Icici Prudential Life Insurance

10/07/2025 07:52

** ICICI Prudential Life Insurance ICIR.NS falls as much as 2.6% to 662.85 rupees, last down 1.6%

** Co says in quarterly business update that its first quarter FY26 annualized premium equivalent (APE) is down 5% y/y

** APE refers to the sum of annualized first year premiums on regular policies and 10% of single premiums from individual and group customers

** Retail weighted received premium (RWRP) declines 13% y/y in Q1

** RWRP refers to premiums actually received by an insurer under individual products and weighted at the rate of 10% for single premiums

** Including session's decline, ICIR up 2.4% YTD

 (Reporting by Ananta Agarwal in Bengaluru)

 ((Ananta.Agarwal@thomsonreuters.com))