ICICI Pru Life Q2 Results: Net profit jumps 23% YoY to Rs 244 crore
Net premium income of ICICI Pru Life in the September quarter increased 5% to Rs 10,022 crore, as against Rs 9581 crore in the same quarter of last year. The Value of New Business (VNB) stood at Rs 1,015 crore with a VNB margin of 28.8% for the first half of the current fiscal. The total annualised premium equivalent (APE) for the company stood at Rs 3,523 crore, with minimal concentration risk from any single distribution channel
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