ICICI Pru Life’s This fall web revenue tripled to Rs 187 crore on decrease progress in actuarial liabilities in This fall

ICICI Pru Life Insurance coverage reported -29.5% year-on-year decrease income at Rs 13,846 crore within the March-22 quarter. Whereas web premium earnings was steady, the decline in income was primarily on account of a pointy decline in funding earnings for the fourth quarter.

For the complete monetary 12 months FY 2012, the worth of recent enterprise (VNB) stood at over Rs 21.63 billion as in comparison with Rs 16.21 billion in FY 2011.

New enterprise margins additionally confirmed a pointy progress of 28% year-on-year from 25.1% in FY22. Annual premium equal or APE rose to Rs 77.33 billion on a year-on-year foundation in FY22 from Rs 64.62 billion within the earlier 12 months.

The embedded worth of ICICI Prudential Life stood at Rs 316.25 billion on the finish of FY 2012 as in comparison with Rs 291.06 billion within the earlier 12 months. The embedded valuation of ICICI Prudential Life is estimated by Milliman Advisors.

Web margin for the March-22 quarter stood at 1.35%, up from 0.32% within the March-21 quarter a 12 months in the past, however considerably decrease than the three.16% recorded within the sequential December-21 quarter. The expense administration ratio within the newest quarter grew quicker by over 400 foundation factors on a year-on-year foundation as in comparison with the March-21 quarter.

Monetary Highlights for March-22 as in comparison with year-on-year and sequentially

ICICI Pru Life

in crore rupees



12 months after 12 months


quarter by quarter
Complete earnings ₹ 13,846 ₹ 19,639 -29.50% ₹ 9,865 40.35%
Web Revenue ₹ 187 ₹ 63 198.96% ₹312 -40.10%
skinny eps ₹ 1.29 ₹ 0.43 ₹ 2.16
web margin 1.35% 0.32% 3.16%
solvency ratio 2.045 2.168 2.022
Expense Mgmt Ratio 15.80% 11.70% 13.50%
Coverage Holder Legal responsibility Ratio 2498.70% 2230.50% 2494.20%

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