ICICI Prudential Life Insurance pays total benefits of Rs. 4,666 crore to customers in Q1-FY2027

Term plan business grows by 60.4% in Q1-FY2027 Industry-leading claim settlement ratio of 99.3% in Q1-FY2027 Profit After Tax increased by 27.8% year-on-year to ₹ 386 crore Mumbai, July 17, 2026: ICICI Prudential Life Insurance reported a growth of 27.8% year-on-year in net profit to ₹ 386 crore for the first quarter ended June 2026. Notably, the Term plan (retail protection) business of the company grew by 60.4% year-on-year in Q1-FY2027. The Board of the Company approved proposal to rename the Company as ‘ICICI Life Insurance Limited’. The Company’s MD…