ICICI Prudential Life Insurance Co Ltd - Company Profile
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ICICI Prudential Life Insurance Co Ltd (ICICI Prudential) is a joint venture between ICICI Bank Limited and Prudential Corporation Holdings Limited. The company's primary activities involve offering long-term savings and protection products designed to meet the varying life stage requirements of its customers. Its product portfolio includes savings, protection, and annuity products, with offerings such as the ICICI Pru Smart Health Cover and ICICI Pru Easy RetirementSingle Premium. The company serves a broad customer base, providing financial security and helping them achieve their long-term financial goals. ICICI Prudential distributes its products through various channels, including agents, corporate agents, banks, brokers, proprietary sales force, and online platforms. The company has a significant presence across India, also operates representative office in Dubai. ICICI Prudential is headquartered in Mumbai, India.
Headquarters
India
Address
Icici Prulife Towers, 1089, Appasaheb Marathe Marg, Prabhadevi, Mumbai, Maharashtra, 400025
Website
www.iciciprulife.com
Telephone
91 22 50391600
No of Employees
19,303
Industry
Financial Services
Ticker Symbol & Exchange
ICICIPRULI (NSE)
Revenue (2025)
$7.3B
-10.3%
(2025 vs 2024)
EPS
XYZ
Net Income (2025)
XYZ
32.2%
(2025 vs 2024)
Market Cap*
$7.6B
Net Profit Margin (2025)
XYZ
47.3%
(2025 vs 2024)
* As of and is in US$
ICICI Prudential Life Insurance Co Ltd premium industry data and analytics
Products and Services
| Products | Services | Brands |
|---|---|---|
| Term Insurance: | Insurance Advisory | ICICI Pru |
| ICICI Pru IProtect Smart | Fund Switching | |
| Unit Linked Insurance Plans: | Claims Settlement | |
| XYZ | XYZ | |
| XYZ | XYZ | |
| XYZ | XYZ |
History
History section provides information on new products, mergers, acquisitions, expansions, approvals, and many more key events.
| Year | Event | Description |
|---|---|---|
| 2026 | New Products/Services | In June, the company launched ICICI Pru iProtect Smart Plus. |
| 2026 | Acquisitions/Mergers/Takeovers | In June, the company, in a consortium, acquired a 3% stake in Anthem Biosciences Ltd. |
| 2026 | New Products/Services | In May, the company introduced the ICICI Prudential Life BSE Enhanced Value 30 Index Fund for its Unit-Linked Insurance Plans. |
Competitor Comparison
| Key Parameters | ICICI Prudential Life Insurance Co Ltd | Life Insurance Corporation of India | SBI Life Insurance Co Ltd | HDFC Life Insurance Co Ltd | Max Life insurance Co Ltd |
|---|---|---|---|---|---|
| Headquarters | India | India | India | India | India |
| City | Mumbai | Mumbai | Mumbai | Mumbai | Gurugram |
| State/Province | Maharashtra | Maharashtra | Maharashtra | Maharashtra | Haryana |
| No. of Employees | 19,303 | 91,606 | 25,672 | 38,291 | 23,125 |
| Entity Type | Public | Public | Public | Public | Private |
Key Financial Charts
Sales Growth
Net Income Growth
Executives
| Name | Position | Board | Since | Age |
|---|---|---|---|---|
| Sandeep Batra | Chairman | Executive Board | 2024 | - |
| Anup Bagchi | Chief Executive Officer, Managing Director, Director | Executive Board | 2023 | 52 |
| Dhiren Salian | Chief Financial Officer | Senior Management | 2023 | - |
| Amish Banker | Chief Distribution Officer | Senior Management | 2026 | - |
| R. K. Nair | Director | Non Executive Board | - | - |
| Non Dignissim Eros | Proin vel | Convallis | 2026 | XY |
| Non Dignissim Eros | Proin vel | Convallis | 2026 | XY |
| Non Dignissim Eros | Proin vel | Convallis | 2026 | XY |
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