ICICI Prudential Life Insurance Comp. Ltd : Significant Push in Protection New Business and Prudent Cost Ratio Driven Productivity will Set the Course
Value of New Business APE increased by 26.6% in Q1FY20 with VNB Margin at 21% with % contribution from Protection in APE increasing by 87.7% and now contributing 14.6% in overall APE which has contributed 5.3% of APE growth this quarter.