Support and Resistance Levels
Past performance
About ICICI Prudential Life Insurance Company Ltd ICICI Prudential Life Insurance Company Limited, established in 2000, is a joint venture between ICICI Bank Limited and Prudential Corporation Holdings Limited. As one of India's first private sector life insurers, it offers life insurance, pensions, and health insurance products for individuals and groups, distributed through various channels including agents and proprietary sales. The company has achieved several milestones, including being the first private life insurer to surpass Rs. 1 lakh crore in assets under management in 2014-15 and becoming the first pure-play life insurance company listed on Indian stock exchanges in 2016.
As of FY2023, ICICI Prudential Life Insurance manages assets worth Rs. 2,404.92 billion, confirming its status as one of India's largest fund managers. It operates through 471 offices across 408 locations, with a strong focus on innovative products like ICICI Pru Sukh Samruddhi and ICICI Pru Gold. The company's new business premium grew to Rs. 169.22 billion in FY2023 and maintains high claim settlement ratios, reflecting robust growth and operational efficiency.