Name: Latest research reports of ICICI Prudential Life Insurance Company Ltd. authored by Motilal Oswal and published by - Trendlyne research reports.
Item: ICICI Prudential Life Insurance Company Ltd.
Rating: 5
Author: Motilal Oswal

Higher costs and adverse product mix impact VNB

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Motilal Oswal

In 4QFY24, ICICI Prudential Life Insurance (IPRU) reported 9.6% YoY growth
in APE to INR36.16b. The protection and ex-ULIP individual savings segments
declined YoY by 4.6% and 19.9%, respectively. ULIPs grew 77% YoY.