ICICI Prudential Life Shares Pare Losses After Q1 New Business Premium Rise
ICICI Prudential Life Insurance's annual premium equivalent fell 5% on the year to Rs 1,864 crore during April–June quarter.

ICICI Prudential Life Insurance share price pared losses after the company reported its business update for the April–June quarter. The business update is mixed for the first quarter with annual premium equivalent falling, while new business premium growing.
Insurance companies use annual premium equivalent to measure annualised total value of single premium and recurring premium policies.
ICICI Prudential Life Insurance's APE fell 5% on the year to Rs 1,864 crore during April–June quarter. Its retail APE growth also fell 9.2% on the year to Rs 1,512 crore.
In the first quarter of financial year 2026, ICICI Prudential Life Insurance's new business premium grew 6.5% on the year to Rs 4,012 crore.
ICICI Prudential Life Insurance Share Price

ICICI Prudential Life Insurance share price declined 2.57% to Rs 662.82 apiece. After the business update, the share price pared losses to trade 1.2% lower at Rs 671.4 apiece as of 12:15 p.m., as compared to a 0.43% decline in the NSE Nifty 50.
The stock rose 1.69% in 12 months, and 2.62% on year-to-date basis. Total traded volume so far in the day stood at 1.6 times its 30-day average. The relative strength index was at 62.15.
Out of 25 analysts tracking the company, 13 maintain a 'buy' rating, 10 recommend a 'hold' and two suggest 'sell', according to Bloomberg data. The average 12-month consensus price target implies an upside of 3.1%.