ICICI Prudential Life’s Q2 profit rises to Rs 252 crore
ICICI Prudential Life Insurance witnessed a 3% increase in net profit for the September quarter, reaching Rs 252 crore. Total income, net premium earned, and assets under management also saw significant growth. The solvency ratio stood at 188.6%. The firm plans to raise up to Rs 1,400 crore via Non-Convertible Debentures over the next year.
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ICICI Prudential Life Insurance witnessed a 3% increase in net profit for the September quarter, reaching Rs 252 crore. Total income, net premium earned, and assets under management also saw significant growth. The solvency ratio stood at 188.6%. The firm plans to raise up to Rs 1,400 crore via Non-Convertible Debentures over the next year. 
