January 26, 2015 11:35 AM 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. The company offers participating, non-participating, and unit linked products. It provides insurance products for individuals, such as savings and wealth creation, protection, child, retirement, and health insurance plans. The company also offers group insurance solutions for companies, including group gratuity plan, group leave encashment plan, and group term plan. In addition, it provides flexible rider options comprising accident and disability benefit, critical illness benefit, income benefit rider, waiver of premium rider, and waiver of premium ride...

ICICI Pru Life Towers

1089, Appasaheb Marathe Marg

Prabhadevi

Mumbai,  400025

India

Founded in 2000

10,700 Employees

Phone:

91 22 6662 1600

Fax:

91 22 2422 8955

Key Executives for ICICI Prudential Life Insurance Company Ltd.

Chief Executive Officer
Chairman of ICICI Lombard General Insurance Company Limited
Age: 66
Chief Financial Officer
Age: 48
Chief Executive Officer of ICICI Lombard General Insurance and Managing Director of ICICI Lombard General Insurance
Age: 48
Chief Executive Officer of ICICI Ventures and Managing Director of ICICI Ventures
Age: 45
Compensation as of Fiscal Year 2014.

ICICI Prudential Life Insurance Company Ltd. Key Developments

Icici Prudential Life Insurance Company Ltd. Reports Earnings Results for the Second Quarter Ended September 30, 2014

ICICI Prudential Life Insurance Company Ltd. reported earnings results for the second quarter ended September 30, 2014. For the quarter, the company reported profit after tax was INR 3,990 million compared to INR 3,870 million a year ago. Annualized premium equivalent was INR 11,970 million compared to INR 9,540 million a year ago.

ICICI Prudential Life Insurance Company Announces Earnings Results for the First Quarter Ended June 30, 2014

ICICI Prudential Life Insurance Company announced earnings results for the first quarter ended June 30, 2014. For the quarter, the company announced profit after tax was INR 3,820 million ($63 million) compared to INR 3,640 million ($60 million) for the same period a year ago. The company’s annualized premium equivalent (APE) was INR 6,590 million ($110 million) compared to INR 5,410 million ($90 million) in the same period a year ago.

Standard Chartered Bank and ICICI Prudential Life Sign Banc assurance Partnership

ICICI Prudential Life Insurance announced that it has entered into a strategic banc assurance partnership with Standard Chartered Bank. Standard Chartered and Prudential are in an agreement to expand the term and geographic scope of their pan-Asian banc assurance partnership. The new 15-year-agreement covers India and 10 other markets and it commenced on July 1, 2014. Under the terms of this agreement, Standard Chartered Bank will distribute a wide range of ICICI Prudential Life's comprehensive life insurance products through its network of 99 branches across 42 cities.

Recent Private Companies Transactions

Type
Date
Target
No transactions available in the past 12 months.
 

Stock Quotes

Market data is delayed at least 15 minutes.

Company Lookup

Most Searched Private Companies

Company Name Geographic Region
Bertelsmann AG Europe
Lawyers Committee for Civil Rights Under Law United States
NYC2012, Inc. United States
Rush University United States
Citizens Budget Commission United States

Sponsored Financial Commentaries

Sponsored Links

Report Data Issue

To contact ICICI Prudential Life Insurance Company Ltd., please visit www.iciciprulife.com. Company data is provided by Capital IQ. Please use this form to report any data issues.

Please enter your information in the following field(s):
Update Needed*

All data changes require verification from public sources. Please include the correct value or values and a source where we can verify.

Your requested update has been submitted

Our data partners will research the update request and update the information on this page if necessary. Research and follow-up could take several weeks. If you have questions, you can contact them at bwwebmaster@businessweek.com.