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Subordinated Debt Rating
The credit rating of subordinated debt reflects the degree of safety regarding the timely servicing of financial obligations. The claims of Debenture Holders shall be superior to the claims of investors in equity shares but shall be subordinated to the claims of policyholders and all other creditors.
Rating Agency | Rating | Rating Date |
---|---|---|
ICRA | [ICRA] AAA (Stable) | Oct-24 |
CRISIL | CRISIL AAA/Stable | Sep-24 |
ICRA | [ICRA] AAA (Stable) | Oct-23 |
CRISIL | CRISIL AAA/Stable | Sep-23 |
CRISIL | CRISIL AAA/Stable | Oct-22 |
ICRA | [ICRA] AAA (Stable) | Oct-22 |
CRISIL | CRISIL AAA/Stable | OCT-21 |
ICRA | [ICRA] AAA (Stable) | OCT-21 |
CRISIL | CRISIL AAA/Stable | OCT-20 |
ICRA | [ICRA] AAA (Stable) | OCT-20 |
Instruments with this rating are considered to have the highest degree of safety regarding the timely servicing of financial obligations and carry the lowest credit risk.
Claims Paying Ability Rating*
Claims Paying Ability ratings of a company reflect the ability of a life insurance company to pay policyholder claims and commitments on time. Our superior claims paying ability is proven by the consistent highest ratings awarded to us over the years by ICRA.
Rating Agency | Rating | Rating Date | |
---|---|---|---|
ICRA | iAAA | MAR-20 (Valid till August 31, 2020) | |
ICRA | iAAA | MAR-19 | |
ICRA | iAAA | MAR-18 | |
ICRA | iAAA | MAR-17 | |
ICRA | iAAA | MAR-16 | |
ICRA | iAAA | MAR-15 | |
ICRA | iAAA | MAR-14 | |
ICRA | iAAA | MAR-13 | |
ICRA | iAAA | MAR-12 | |
ICRA | iAAA | MAR-11 | |
Note: Ratings for ICICI Prudential Life insurance are subject to regular revisions. Kindly refer to the respective agencies for rating methodology. * Discontinued as per SEBI (Credit Rating Agencies) (Amendment) Regulations, 2018 dated May 30, 2018 COMP/DOC/Jan/2021/111/5108 |