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ICICI Prudential Life Insurance Company- Facts and Figures

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 YEARDecember 2000
PAID UP CAPITALRs 1429.26 Crores
INDIAN PARTNER ICICI Bank Ltd
FOREIGN PARTNERPrudential plc ( UK based)
MD/CEO NAMEMr. Sandeep Bakhshi
BANCASSURANCE PARTNERSICICI Bank
SOLVENCY RATIO3.72
NUMBER OF BRANCHES 500+HEAD OFFICEMumbai
TOTAL PREMIUM COLLECTED2011-122012-132013-14
14021.5813538.2412428.65
CLAIMS SETTLEMENT RATIO2011-122012-132013-14
95.53%96.29%94.10%
KEY PLANSCHILDICICI Pru Smart Life
TERMICICI Pru iProtect
PENSIONICICI Pru Easy Retirement
ULIPICICI Pru Wealth Builder II
TOLL FREE NUMBER

1860 266 7766

WEBSITE ADDRESSINDIAN PARTNERhttp://www.icicibank.com/
FOREIGN PARTNERhttp://www.prudential.co.uk/
COMPANY  WEBSITEhttp://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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