ICICI Life Insurance Share Price Gains Over 2% After October 2026 New Business Premium Rises 37.5%

ICICI Life Insurance Limited, formerly known as ICICI Prudential Life Insurance Company Limited, submitted its performance update for October 2026 to BSE Limited and the National Stock Exchange of India Limited on November 11, 2026, as per the exchange filings.  

For October 2026, new business premium grew 37.5% year on year to ₹24.37 billion, while annualised premium equivalent (APE) increased 8.6% to ₹7.97 billion.  

October 2026 Premium and Sum Assured Numbers 

During October 2026, ICICI Life Insurance recorded new business premium of ₹24.37 billion, reflecting a 37.5% year on year increase. New business sum assured grew 15.4% year on year to ₹1,292.60 billion.  

Total APE stood at ₹7.97 billion, up 8.6% compared to October 2025, while retail APE declined 3.2% year on year to ₹5.82 billion. Retail weighted received premium (RWRP) was ₹5.99 billion, showing a 0.3% year on year decline.  

Seven Months FY2027 Performance Overview 

For the 7 months ended October 2026 (7M FY2027), new business premium rose 27.0% year on year to ₹142.58 billion, following ₹48.66 billion in Q1 FY2027 and ₹69.55 billion in Q2 FY2027.  

Total APE for 7M FY2027 grew 14.2% to ₹57.32 billion, while retail APE increased 8.0% to ₹44.49 billion. RWRP for the 7 month period rose 8.1% year on year to ₹42.01 billion, and new business sum assured climbed 28.1% to ₹10,104.52 billion.  

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ICICI Life Insurance Share Price Performance  

As of November 12, 2026, at 11:40 AM, ICICI Life Insurance share price on NSE was trading at ₹462.45, up by 2.77% from the previous closing price. 

Conclusion 

ICICI Life Insurance posted October 2026 new business premium of ₹24.37 billion, up 37.5%, and APE of ₹7.97 billion, up 8.6%, while 7M FY2027 new business premium reached ₹142.58 billion, up 27.0%, alongside ₹57.32 billion in total APE.  

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