ICICI Prudential Life Insurance Company540133Life insurance
ICICI Prudential Life's Q2 results showed growth in new business premiums and value of new business, but margins missed expectations, and the stock fell
By ScoutQuest · · 1 min read
- AP growth
- 17 percent
- Retail AP growth
- 11 percent
- Value of new business growth
- 21 percent
- VNB margin growth YoY
- 143 basis points
Heard on business television between 15:47:58 - 15:50:58 IST.
- AP growth came in at 17% and retail AP growth at 11%, both in line with Live TV News Channel poll estimates.
- Value of new business grew 21% while VNB margins grew 143 basis points YoY, both slight misses versus the Live TV News Channel poll.
- Stock reacted negatively as market was hoping for a positive surprise on value and margins.
- Guest Deep Mehta said numbers were in line, but flagged regulatory overhang from a new IRDA consultation paper that could slow insurance sector growth.
- Mehta said he prefers less-regulated financialization plays like exchanges and wealth managers over insurance and AMCs.
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Source: Live TV News Channel · 13 Oct 2026
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