ICICI Prudential Life Insurance Company Limited announced its un-audited financial results for the quarter and nine months ended December 31, 2025. The Board of Directors approved the results in a meeting held on January 13, 2026.

The company reported a Profit After Tax (PAT) of ₹992 crore for the nine months ended December 31, 2025, marking a significant year-on-year growth of 23.5%. For the third quarter of FY2026, PAT stood at ₹390 crore, a 19.6% increase compared to the same period last year. The Value of New Business (VNB) for the nine months was ₹1,664 crore, with a VNB margin of 24.4%. In Q3-FY2026, VNB was ₹615 crore, driven by a 9.9% year-on-year growth in retail Annualised Premium Equivalent (APE).

Total premium income for the nine months increased by 4.2% to ₹33,477 crore. Retail protection APE showed robust growth, increasing by 40.8% year-on-year in Q3-FY2026, contributing to a 51.6% rise in retail new business sum assured to ₹1.24 lakh crore during the quarter. Overall new business sum assured grew by 15.5% year-on-year to ₹3.39 lakh crore in Q3-FY2026.

The company also highlighted its cost efficiency, with the cost-to-premium ratio improving by 50 basis points to 19.3% in 9M-FY2026. The solvency ratio remained strong at 214.8% as of December 31, 2025, well above the regulatory requirement of 150%. Assets Under Management (AUM) grew by 6.5% year-on-year to ₹3.31 lakh crore.

Additionally, the company announced the authorization of Key Managerial Personnel/Officials for determining materiality of events and information and making disclosures to the stock exchanges. Mr. Anup Bagchi (MD & CEO), Mr. Dhiren Salian (CFO), Mr. Dhiraj Chugha (Chief Investor Relations Officer), and Ms. Priya Nair (Company Secretary and Compliance Officer) have been designated for this purpose.