ICICI Prudential Life Insurance Company Limited has released its investor presentation for April 2025, detailing performance for the month and the full financial year 2025.

Key highlights for FY2025 (ended 31 March 2025):

• Annualized Premium Equivalent (APE) grew by 15.0% year-on-year (Y-o-Y) to ₹ 104.07 billion.
• Retail Weighted Received Premium (RWRP) increased by 15.2% Y-o-Y to ₹ 83.07 billion.
• New Business Premium stood at ₹ 225.83 billion, up 24.9% Y-o-Y.
• Value of New Business (VNB) was ₹ 23.70 billion, a growth of 6.4% Y-o-Y.
• VNB margin was 22.8% (vs 24.6% in FY2024).
• Profit After Tax (PAT) surged by 39.6% Y-o-Y to ₹ 11.89 billion.
• Assets Under Management (AUM) reached ₹ 3,093.59 billion, up 5.2% Y-o-Y.
• Embedded Value (EV) was ₹ 479.51 billion, a growth of 13.3% Y-o-Y.
• Return on Embedded Value (ROEV) was 13.1%.
• Solvency Ratio stood at a strong 212.2% (vs 191.8% in FY2024).
• 13th month persistency improved to 89.1% (vs 89.0% in FY2024).
• Individual death claim settlement ratio was 99.3% for FY2025.
• Cost/Total Premium was 18.1% (vs 18.2% in FY2024), showing improvement in cost ratios.

Performance for April 2025:

• RWRP was ₹ 3.38 billion, down 15.7% Y-o-Y.
• APE was ₹ 4.98 billion, down 5.3% Y-o-Y.
• Retail APE was ₹ 3.74 billion, down 14.4% Y-o-Y.
• New Business Premium was ₹ 10.32 billion, up 9.8% Y-o-Y.

The company highlighted its 3C Framework focusing on Competency, Customer Centricity, and Catalyst. Strategic priorities include delivering sustainable VNB growth by balancing business growth, profitability, risk, and prudence. The presentation also detailed comprehensive product suite, diversified distribution channels, operational efficiency, risk management, customer centricity, people strategy, technology, analytics, and ESG integration.