Poging GOUD - Vrij

ICICI Pru Q2 slip adds to unease

Mint Kolkata

|

October 16, 2025

Balancing act ICICI Prudential Life Insurance Company saved VNB margin with tight cost control, but APE declined year-on-year in Q2FY26.

- Manish joshi Feedback@lvemint.com

ICICI Prudential Life Insurance Co. Ltd’s stock is down about 10% so far in calendar year 2025, even as peers HDFC Life Insurance Co. Ltd and SBI Life Insurance Co. Ltd have delivered positive returns.

The company’s muted September-quarter (Q2FY26) performance suggests this lag may persist.

The insurer's annualized premium equivalent (APE) fell 3.3% year-on-year to ₹2,421 crore on an unfavourable base, dragged by weaker sales of unit-linked insurance plans (Ulips), which dropped 8.5% to ₹1,187 crore. Ulips still made up nearly half of APE, but the decline likely reflects volatility in Indian equity markets. In contrast, Ulip demand had surged in the year-ago quarter when the Nifty 50 hit a record high of 26,277—momentum that has not carried through.

MEER VERHALEN VAN Mint Kolkata

Mint Kolkata

Mint Kolkata

America’s new approach to the Indo-Pacific is disappointing

Washington does not seem to view China as an ideological threat

time to read

3 mins

December 16, 2025

Mint Kolkata

Rural jobs law 2.0: More days, states must chip in

VB-G RAM G Bill to replace MGNREGA will overhaul funding, implementation

time to read

2 mins

December 16, 2025

Mint Kolkata

Roll out a carpet

India's central bank recently released the 10th edition of its Handbook of Statistics on Indian States.

time to read

1 min

December 16, 2025

Mint Kolkata

Mint Kolkata

PSU bonds issues hit pause as yields rise despite rate cut

tenor government borrowing kept pressure firmly on the yield curve,” said Venkatakrishnan Srinivasan, founder and managing partner at Rockfort Fincap LLP.

time to read

1 mins

December 16, 2025

Mint Kolkata

SC mulls pan-India guidelines to curb mishaps on highways

Apex court bench also flags illegal construction along highways causing accidents

time to read

1 mins

December 16, 2025

Mint Kolkata

Mint Kolkata

Passive governance is a legacy that’s proving difficult to shed

The IndiGo crisis spotlights our failure to replace reactive regulation with a pre-emptive model enabled by real-time data

time to read

4 mins

December 16, 2025

Mint Kolkata

Mint Kolkata

Fintech lending 2.0 shifts focus to depth, discipline

Focus shifts from blitz-scale expansion to unit economics, deeper monetization of customers

time to read

2 mins

December 16, 2025

Mint Kolkata

Mint Kolkata

China no longer needs Germany— and Germany wants a divorce.

Some German manufacturers think once-symbiotic partnership has turned into abusive relationship and they want out

time to read

6 mins

December 16, 2025

Mint Kolkata

Mint Kolkata

Flipkart gets nod for India residency, one hurdle left

Walmart-controlled Flipkart received a key approval to shift its domicile back to India, a prerequisite for a local listing, in a move that also reflects a shift in India-US economic ties amid prolonged bilateral trade negotiations.

time to read

1 mins

December 16, 2025

Mint Kolkata

Chile gets its most right-wing president in decades

Chile’s ultraconservative former lawmaker José Antonio Kast secured a stunning victory in the presidential election Sunday, defeating the candidate of the center-left governing coalition and setting the stage for the country’s most right-wing government in 35 years of democracy.

time to read

1 min

December 16, 2025

Listen

Translate

Share

-
+

Change font size