ICICI Prudential Life Insurance Company Limited reported strong business growth in the first quarter of FY2027. The stocks continue to trade below its 52-week peak.
The insurer’s Annualized Premium Equivalent (APE) for Q1-FY2027 rose 14.6 per cent year-on-year to ₹21.36 billion, driven by a recovery in momentum through the quarter. June 2026 alone saw APE climb 14.6 per cent to ₹7.95 billion, improving markedly from May’s 7.3 per cent growth.
New business (NB) premium for Q1-FY2027 stood at ₹48.66 billion, up 21.3 per cent year-on-year. June’s NB premium of ₹19.67 billion surged 25 per cent year-on-year, the strongest monthly performance of the quarter. New business sum assured for the quarter jumped 31.8 per cent to ₹4,896.65 billion.
Retail Weighted Received Premium (RWRP) for Q1-FY2027 grew 13.4 per cent to ₹15.38 billion, with June contributing ₹6.23 billion, a 12.7 per cent year-on-year increase.
Retail APE for the quarter rose 8.9 per cent to ₹16.46 billion.
Shares of ICICI Prudential Life Insurance traded at ₹488.10 on the NSE on Wednesday afternoon. Nearly 27.6 per cent year-to-date and around 26.5 per cent over the past year. The stock hit a 52-week high of ₹706.80 in January 2026 and a 52-week low of ₹459.50 on June 11, 2026.
Total market capitalisation stands at approximately ₹70,871 crore. The stock trades at a P/E of 44.02. Buy orders accounted for 57.83 per cent of total traded quantity on Wednesday.
Published on July 8, 2026
