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ICICI Prudential Life Insurance Company

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About ICICI Prudential Life Insurance Company

ICICI Prudential Life Insurance Company is a joint venture between ICICI Bank and Prudential Plc. of the United Kingdom. The company began its life insurance operations in December 2000.

ICICI Bank is one of India's leading banks in India and among the largest private sector banks to operate in the country. ICICI Bank is currently present in 19 countries, including India. The company has a large distribution network of 2033 branches across the country. The ICICI group has an established presence in banking, broking and investment banking to name a few apart from banking and insurance. Prudential Plc, a leading internal retail financial services group with significant operations in Asia, the US and the UK, has been writing protection and savings insurance for over 160 years. It has also established its strong credibility across the globe.

ICICI Prudential Life Insurance Company has setup a large distribution network of almost 1900 branches with an army of 2,10,000 advisors selling their life insurance policies. This along with the reach of ICICI bank and 7 other bancassurance partners make it a formidable player in the life insurance sector in India. It is also among the earliest private life insurance companies to start operations in India. Currently it is among the largest life insurance players in the country and among the few private life insurance companies which are profitable.


Sandeep Bakhshi is the Managing Director & CEO of ICICI Prudential Life Insurance Company.

Contact Details

Corporate Office
ICICI Prudential Life Insurance Towers,
1089, Appasaheb Marathe Marg,
Mumbai – 400013

1860 266 7766
+91 22 6193 0777 ( Outside India)

Claims ratio of ICICI Prudential Life Insurance Company

Year 2007 - 082008 - 092009 - 102010 - 112011 - 122012 - 132013 - 142014 - 152015 - 162016 - 17
Claims ratio 87.9286.5590.1794.6196.5396.2994.1093.8096.2096.87

News on ICICI Prudential Life Insurance Company

ICICI Pru Life to acquire Sahara Life’s insurance business

Owing to serious concerns regarding the management of Sahara India Life Insurance, the regulator offered six insurers - Life Insurance ...

Jul 05, 2017 27 views

ICICI Bank sells stake in life and general insurance joint ventures

ICICI Bank announced its stake sale to partner Fairfax Financial Holdings in both the insurance joint ventures – ICICI Lombard Ge...

Apr 07, 2016 283 views

ICICI Prudential gets approval for IPO from stakeholders

The Board of ICICI Bank Limited has approved the proposal to come out with Initial Public Offering (IPO) for ICICI Prudential Life Insu...

May 06, 2016 382 views

ICICI sells 9% stake in general insurance arm to JV partner Fairfax

ICICI Bank sold 9 percent stake in its subsidiary ICICI Lombard General Insurance, a joint venture with Fairfax Financial Holdings, to ...

Apr 04, 2016 261 views

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