ICICI Prudential Life Insurance Company

ICICI Prudential Life Insurance is a joint venture between ICICI Bank Ltd (India’s largest private sector bank) and Prudential plc (a leading international financial services group). The company has assets under management in excess of Rs. 1001.83 billion as on March 31, 2015.

ICICI Bank

ICICI Bank Limited (NYSE:IBN) is India’s leading private sector bank, with consolidated total assets of Rs 8260.79 billion as on March 31, 2015. ICICI Bank’s presence currently spans 17 countries, including India.

About Prudential Plc

Headquartered in the United Kingdom. Prudential plc is one of the world’s leading financial services groups. It provides insurance and financial services through its subsidiaries and affiliates throughout the world. It has been in existence for more than 166 years and has £496 billion in assets under management (as at 31 December 2014). Prudential plc is not affiliated in any manner with Prudential Financial, Inc., a company whose principal place of business is in the United States of America.

ICICI Prudential life Insuarance Facts and Figures



   
                    STARTED YEAR December 2000
PAID UP CAPITAL Rs 1429.26 Crores
INDIAN PARTNER  ICICI Bank Ltd
FOREIGN PARTNER Prudential plc ( UK based)
MD/CEO NAME Mr. Sandeep Bakhshi
BANCASSURANCE PARTNERS ICICI Bank
SOLVENCY RATIO 3.72
NUMBER OF BRANCHES  500+ HEAD OFFICE Mumbai
TOTAL PREMIUM COLLECTED 2011-12 2012-13 2013-14
14021.58 13538.24 12428.65
CLAIMS SETTLEMENT RATIO 2011-12 2012-13 2013-14
95.53% 96.29% 94.10%
KEY PLANS CHILD ICICI Pru Smart Life
TERM ICICI Pru iProtect
PENSION ICICI Pru Easy Retirement
ULIP ICICI Pru Wealth Builder II
TOLL FREE NUMBER

1860 266 7766

WEBSITE ADDRESS INDIAN PARTNER http://www.icicibank.com/
FOREIGN PARTNER http://www.prudential.co.uk/
COMPANY  WEBSITE http://www.iciciprulife.com/
 

 

Disclaimer:

In the above table, we had updated the details from the IRDA Annual report 2013-14, 2012-13 and 2011-12. Some details are captured from www.iciciprulife.com. The accuracy of the above table content depends on these given sources. This information published is of informative nature and does not guarantee anything about the companies performance or claim records.

The main aim of this post is to simplify the details about ICICI Prudential Life insurance. All these information in this post can be seen in www.iciciprulife.com and IRDA website.

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