ICICI Prudential Life Insurance Company has reported 18.50% decline in its new business premium at Rs 993.52 crore in May 2023 against Rs 1219.07 crore a year ago. In May 2023, its Individual Single Premium stood at Rs 122.21 crore, Individual Non-Single Premium stood at Rs 333.42 crore, Group Single Premium and Group Yearly Renewable Premium stood at Rs 330.05 crore and Rs 207.84 crore respectively.
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.