ICICI Prudential Life Insurance Company reports 31% fall in Q1 net profit

ICICI Prudential Life Insurance Company Ltd. | Insurance | BFSI | BSE: 540133 | NSE: ICICIPRULI

25 Jul 2018 Evaluate

ICICI Prudential Life Insurance Company has reported results for first quarter ended June 30, 2018.

The company has reported a fall of 30.62% in its net profit at Rs 281.64 crore for the quarter under review as compared to Rs 405.93 crore for the same quarter in the previous year. However, net premium income of the company increased by 12.81% at Rs 5437.82 crore for Q1FY19 as compared Rs 4820.23 crore for the corresponding quarter previous year.

ICICI Prudential Life Insurance Company offers a range of products to cater to the specific needs of customers in different life stages, enabling them to meet their long-term savings and protection needs.

Peers

Company Name	CMP
ICICI PrudentialLife	492.45
General Ins. Corpn.	344.00
Star Health & Allied	541.85
Niva Bupa Health Ins	80.08
ICICI Lombard Gen.	1500.00
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Name of the IA registered with SEBI:	The Alchemists Ark Pvt. Ltd.
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Trade/Brand Name of IA:	MoneyWorks4Me Investment Advisers
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SEBI Registration Number:	INA000013323 Validity – May 16, 2019 – Perpetual
Registration:	Non-Individual
BSE Enlistment No:	1187
Address:	B-101, Signet Corner Building, Balewadi Phata, Baner, Pune, Maharashtra 411045

Compliance Officer Details:	Name: Shrikant Jagtap Email: shrikant.jagtap@moneyworks4me.com	Telephone: +919860359463 Address: Same as IA
Grievance Officer Details:	Name: Mukta Vaze Email: mukta.vaze@moneyworks4me.com	Telephone: +919860919463 Address: Same as IA
Principal Officer Details:	Name: Atharva Bhide Email: atharva.bhide@moneyworks4me.com	Telephone: +919175899463 Address: Same as IA
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Disclaimer:	Registration granted by SEBI, enlistment with exchange and certification from NISM in no way guarantee performance of the intermediary or provide any assurance of returns to investors.