Icici Prudential Life Insurance Company Ltd operates in the Life insurance sector.
In addition to historical fundamental analyses, the complete report available to purchase compares Icici Prudential Life Insurance Company Ltd with three other
companies in this sector in India:
Sbi Life Insurance Company Ltd
(2019
sales of 446.68 billion Indian Rupees [US$6.23 billion]
of which 49%
was Segment J - Linked Individual Life),
Bajaj Finserv Limited
(426.06 billion Indian Rupees [US$5.94 billion]
of which 57%
was Insurance), and
General Insurance Corp Of India
(446.67 billion Indian Rupees [US$6.23 billion]
of which 63%
was MISCELLANEOUS INSURANCE).
Sales Analysis.
Icici Prudential Life Insurance Company Ltd reported sales of 414.72 billion Indian Rupees (US$5.78 billion)
for the
fiscal
year ending
March of 2019.
This
represents
an
increase of 6.8%
versus 2018, when the company's sales were 388.37 billion Indian Rupees.
This was the third consecutive year of growth at Icici Prudential Life Insurance Company Ltd.
Sales of Annuity Non Par saw an increase
that was more than double the company's growth rate: sales were up
82.8% in 2019, from
5.03 billion Indian Rupees to 9.19 billion Indian Rupees.
Icici Prudential Life Insurance Company Ltd also saw significant increases in sales in
Non Par (up 30.1% to 51.28 billion Indian Rupees)
and
Linked Group Life (up 28.7% to 9.45 billion Indian Rupees)
.
Not all segments of Icici Prudential Life Insurance Company Ltd experienced an increase in sales in 2019:
sales of Linked Pension fell 49.9% to 11.38 billion Indian Rupees.
Icici Prudential Life Insurance Company Ltd also experienced decreases in sales in
Par Pension (down 23.0% to 1.32 billion Indian Rupees)
and
Linked Health (down 41.5% to 1.03 billion Indian Rupees)
and
Health and Other (down 5.3% to 7.81 billion Indian Rupees)
.