September 30, 2016 7:19 PM ET

Insurance

Company Overview of ICICI Prudential Life Insurance Company Ltd.

Company Overview

ICICI Prudential Life Insurance Company Limited provides life insurance, pensions, and health insurance to individuals and groups in India. It offers participating, non-participating, and unit linked products. The company also provides insurance products for individuals, such as term life, child education, retirement, and health insurance plans, as well as traditional savings/money back plans. In addition, it offers group insurance solutions for companies, such as loan protect, loan protect plus, group term plus, group gratuity, group superannuation, group leave encashment, group immediate annuity plans. Further, the company provides rural plans and other rider benefit plans, as well as cust...

ICICI Pru Life Towers

1089 Appasaheb Marathe Marg

Prabhadevi

Mumbai,  400025

India

Founded in 2000

12,236 Employees

Phone:

91 22 6662 1600

Fax:

91 22 2437 6638

Key Executives for ICICI Prudential Life Insurance Company Ltd.

Chief Executive Officer, Managing Director, Director, Member of Investment Committee, Member of With Profits Committee and Member of Stakeholders' Relationship Committee
Age: 56
Total Annual Compensation: 29.2M
Chief Marketing Officer, Executive Vice President and Executive Director
Age: 47
Total Annual Compensation: 17.8M
Company Secretary
Age: 34
Total Annual Compensation: 1.9M
Executive Director of Corporate Center, Executive Director, Member of Investment Committee and Member of Stakeholders' Relationship Committee
Age: 50
Total Annual Compensation: 15.1M
Compensation as of Fiscal Year 2016.

ICICI Prudential Life Insurance Company Ltd. Key Developments

ICICI To Cut Stake In ICICI Prudential

ICICI Bank Ltd. (NSEI:ICICIBANK) will bring down its stake in ICICI Prudential Life Insurance Company Ltd. to 54% from 67.52% over the next three years. Prudential Corporation Holdings Limited will then hold 20% stake, down from 25.83% as of September 7, after three years.

ICICI Prudential Life Insurance Company Ltd. - Shareholder/Analyst Call

To announce IPO

ICICI Prudential Set To File For IPO

ICICI Prudential Life Insurance Company Ltd. is set to file for an initial public offering of shares valued at approximately INR 5,000 crore. Under plans for the IPO, ICICI Prudential Life will seek a listing during the second half of this year. ICICI Bank will sell shares in the offering, which will not include the issue of any new stock.

Recent Private Companies Transactions

Type
Date
Target
Merger/Acquisition
November 16, 2015
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