ICICI Lombard Life Insurance profit after tax (PAT) increased 28.7% to ₹747 crore on increase in gross direct premiums in Q1 of FY26. GDPI increased 0.6% to ₹7,735 crore in the period under review. ICICI Prudential Life insurance’s PAT came in at ₹302 crore, a 34.2% growth in the quarter under review, as against the same period last year. Another key player in the insurance sector HDFC Life’s PAT grew 14% to ₹546 crore. The total annualised premiums increased 12.5% to ₹2,780 crore in the quarter ended June 2025.
Published – July 15, 2025 09:22 pm IST
Source: https://www.thehindu.com/business/icici-lombard-icici-prudential-and-hdfc-life-announce-q1-results/article69815964.ece
