Company Overview

ICICI Prudential Life Insurance Company Ltd. (ICICI Prudential Life) is a joint venture between ICICI Bank Ltd., one of India's largest private sector banks, and Prudential Corporation Holdings Limited.

ICICI Prudential Life began its operations in fiscal year 2001 and has consistently been the market leader* amongst private players in the Indian life insurance sector. Our Assets Under Management (AUM) as on 30th June 2016 were 1092.82 billion. 

We offer an array of products across savings, investments and protection categories that matches the different life stage requirements of our customers and enables them to achieve their long term financial goals. At ICICI Prudential Life, we operate on the core philosophy of customer centricity. We have developed and implemented various initiatives to provide cost-effective products, superior quality services, consistent fund performance and a hassle-free claim settlement experience to our customers.

ICICI Prudential Life is the first private life insurer to attain assets under management of 1 trillion and In-force sum assured of over 3 trillion. ICICI Prudential Life is also the first insurance company in India to be listed on NSE and BSE.

Fiscal Particulars
2001 Our Company started operations
2002 Crossed the mark of 100,000 policies
2005 Crossed the mark of 1 million policies
2008

Crossed the mark of 5 million policies

Crossed receipt of 100 billion of total premium

Crossed 250 billion of assets under management

2010

Established Subsidiary for the purposes of undertaking pension funds related business

Our Company turned profitable - registered profit of 2.58 billion

Crossed 500 billion of assets under management

2012 Started paying dividends
2015 Crossed 1 trillion of assets under management

Values

The success of the company will be founded in its unflinching commitment to 5 core values - Integrity, Customer First, Boundaryless, Humility and Passion. Each of the values describes what the company stands for, the qualities of our people and the way we work. Every member of the ICICI Prudential team is committed to the 5 core values and these values shine forth in all that we do.

  • Boundaryless: I will treat organisation agenda as paramount
  • Integrity: What I do when nobody is watching me
  • Humility: Openness to learn a change
  • Customer First: Service excellence towards Internal and External Customers
  • Passion: Demonstrates infectious energy and enthusiasm

*On a retail weighted received premium basis (RWRP)

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