ICICI Life Insurance Ltd

ICICI Life Insurance Limited, formerly known as ICICI Prudential Life Insurance Company Limited, announced the allotment of 2,697 equity shares of face value of Rs 10 each on October 21, 2026, under the ICICI Prudential Life Insurance Company Limited - Employees Stock Unit Scheme (2023).

ICICI Life Insurance Limited, formerly known as ICICI Prudential Life Insurance Company Limited, confirmed receipt of a certificate from KFin Technologies Limited, its Registrar and Transfer Agent, for the quarter ended September 30, 2026, as mandated by Regulation 74(5) of the SEBI (Depositories and Participants) Regulations, 2018.

ICICI Life Insurance Limited, formerly known as ICICI Prudential Life Insurance Company Limited, announced the allotment of 1,552 equity shares of face value of Rs 10 each on October 13, 2026, under the ICICI Prudential Life Insurance Company Limited - Employees Stock Unit Scheme (2023), as approved by the Managing Director & CEO.

ICICI Life Insurance Limited, formerly known as ICICI Prudential Life Insurance Company Limited, announced the allotment of 4,304 equity shares with a face value of Rs 10 each on October 6, 2026, under the ICICI Prudential Life Insurance Company Limited - Employees Stock Unit Scheme (2023), according to a filing with the BSE Limited and National Stock Exchange of India Limited.

ICICI Life Insurance Limited announced that Anup Bagchi has resigned as Managing Director and Chief Executive Officer, effective October 13, 2026, and that Sidharatha Mishra has been appointed as Chief Operating Officer, effective October 6, 2026, and as Additional Director and Managing Director & CEO, effective October 14, 2026, or the date of approval from the Insurance Regulatory and Development Authority of India, whichever is later, for a period of five consecutive years.

ICICI Life Insurance Limited announced that Anup Bagchi has resigned as Managing Director and Chief Executive Officer, effective October 13, 2026, and that Sidharatha Mishra has been appointed as Chief Operating Officer, effective October 6, 2026, and as Additional Director and Managing Director & CEO, effective October 14, 2026, or the date of approval from the Insurance Regulatory and Development Authority of India, whichever is later, for a period of five consecutive years.

ICICI Prudential Life Insurance Company Ltd announced reaffirmations from ICRA Limited and ICRA regarding its outstanding debt instruments. ICRA reaffirmed the rating of [ICRA]AAA (Stable) on its subordinated debt programme of Rs 2,600.00, as well as reaffirmed ratings of ICRA AAA/Stable on Non-Convertible Securities totaling Rs 1400 Crores (ISIN INE726G08022) and Rs 1195 Crores (ISIN INE726G08030), all maturing on September 30, 2026; additionally, ICRA also reaffirmed ratings on Basel III Tier II bonds and noted factors including a strong promoter profile with ICICI Bank holding 50.8% as of June 30, 2026, subsequently increasing to 52.8% as of September 02, 2026, and a reported solvency of 2.25 times compared to the regulatory requirement of 1.50 times as of June 30, 2026, while also highlighting a potential impact of mortality rates on financial performance and reserves.

ICICI Prudential Life Insurance Company Ltd announced the issuance of 1,40,000 rated, listed, redeemable, unsecured, subordinated, taxable, fully paid-up, non-cumulative, non-convertible debentures having a face value of Rs 1 lakh each, aggregating to Rs 1400 Crores, and 1,19,500 unsecured, subordinated, listed, rated, redeemable, non-cumulative, fully paid-up, taxable, non-convertible debentures having a face value of Rs 1 lakh each, aggregating to Rs 1195 Crores; ICRA Limited has re-affirmed the rating for these Non-Convertible Securities at 4:25 p.m. IST on September 30, 2026, assigning a rating of ICRA AAA/Stable Outlook, with a verification status confirmed on September 30, 2026, and no other rating action specified.

ICICI Prudential Life Insurance Company Ltd share price declined by 0.22% to Rs 461.0. The Company's net profit surged by 61.15% to Rs 623.91 crore, while revenue from operations gained significantly 62.42% to Rs 19180.08 crore in Q1FY26 over Q4FY25. The market capitalization of Life Insurance industry group stocks on BSE stood at Rs 9.94 lakh crore, nosediving by 16.46%. It has softened by 2.01% over last one week and dipped slightly by 6.75% in last one month while the market capitalization of ICICI Prudential Life Insurance Company Ltd has slipped by 5.10% and 6.42% in the same period respectively. Profit before tax (PBT) of ICICI Prudential Life Insurance Company Ltd stood at Rs 281.34 crore in Q1 FY26, plunging by 52.96% year-on-year, and tumbling by 43.52% quarter-on-quarter. EBITDA came in at Rs 1790 crore, crashing by 871.32% YoY and tanking 281.89% sequentially. Total expenses tumbled by 82.17% to Rs 3939.68 crore in Q1FY26 over Q1FY25. During the quarter, employee benefits expense was at Rs 470.24 crore, inching up 3.20% YoY. For the TTM ended FY26, revenue from operations tick up 8.63% to Rs 51335.63 crore, while net profit saw a strong growth of 35.63% to Rs 1607.89 crore, compared to previous TTM. EBITDA jumped by 43645% to Rs 1197.68 crore, and PBT dipped slightly 1.45% to Rs 1558.9 crore compared to previous TTM. ICICI Prudential Life Insurance Company Ltd crashed 21.76% in last one year, underperforming the benchmark BSE Sensex which has softened by 9.45% during the same period.

ICICI Prudential Life Insurance Company Ltd share price softened by 0.22% to Rs 461.0. The Company's net profit surged by 61.15% to Rs 623.91 crore, while revenue from operations gained significantly 62.42% to Rs 19180.08 crore in Q1FY26 over Q4FY25. The market capitalization of Life Insurance industry group stocks on BSE stood at Rs 9.87 lakh crore, crashing by 16.46%. It has slipped by 1.94% over last one week and eased lower by 6.15% in last one month while the market capitalization of ICICI Prudential Life Insurance Company Ltd has eased by 6.87% and 5.53% in the same period respectively. Profit before tax (PBT) of ICICI Prudential Life Insurance Company Ltd stood at Rs 281.34 crore in Q1 FY26, nosediving by 52.96% year-on-year, and plunging by 43.52% quarter-on-quarter. EBITDA came in at Rs 1790 crore, tanking 871.32% YoY and tumbling by 281.89% sequentially. Total expenses slumped by 82.17% to Rs 3939.68 crore in Q1FY26 over Q1FY25. During the quarter, employee benefits expense was at Rs 470.24 crore, ticking higher by 3.20% YoY. For the TTM ended FY26, revenue from operations inched higher 8.63% to Rs 51335.63 crore, while net profit soared by 35.63% to Rs 1607.89 crore, compared to previous TTM. EBITDA witnessed a strong improvement of 43645% to Rs 1197.68 crore, and PBT dipped slightly 1.45% to Rs 1558.9 crore compared to previous TTM. ICICI Prudential Life Insurance Company Ltd nosedived by 22.33% in last one year, underperforming the benchmark BSE Sensex which has softened by 8.95% during the same period.