ICICI Prudential Life Insurance Q3 FY25 results preview: Health insurer may gain 12%, premiums may rise 30%
ICICI Pru Q3 FY25 results preview: ICICI Prudential Life Insurance Company (ICICIPRULI) will report its quarterly earnings on Tuesday, January 21. Analysts expect the private sector life insurance company to perform well in the third quarter of this fiscal year.
ICICI Pru Q3 FY25 Preview | What can you expect from the top line and the bottom line?
According to Zee Business research, ICICI Prudential Life Insurance Company is estimated to register a net profit of Rs 250 crore for the quarter ended December 31, which is a 12 percent increase over the same period last year.
Analysts expect the life insurer to register gross quarterly premiums of Rs 13,360 crore in the third quarter, marking a growth of around 30 percent year-on-year.
ICICI Prudential Life Insurance Company’s third-quarter new business equivalent premium (APE)—a key measure of insurance business sales—was estimated at Rs 2,600 crore, up 36.2 percent year-on-year, according to a report. research.
Zee Business analysts expect ICICI Prudential’s net new business margin (VNB), a key measure of profitability, to improve by 10 basis points (bps) to 23 percent in the December quarter.
They expect the private sector life insurer to post strong growth in new business premiums, stabilization in the protection segment and strong numbers in its non-linked business.
Investors will look more closely at the idea of life insurance in terms of its cost.
Cost ratio is an important metric for insurance businesses. It determines the portion of premium income it uses to run its business.
ICICI Prudential Life Insurance (ICICIPRULI) Share Price
As of January 20, shares of ICICI Prudential Life Insurance Company (ICICIPRULI) have grown 34.5 percent in the past one year, a notable outperformance compared to returns of nearly 10 percent each in the Nifty50 and Nifty Bank indices.
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