ICICI Prudential Life Insurance

ICICI Prudential Life Insurance Company Ltd.
Private company
Industry Insurance Services
Founded 12 December 2000
Headquarters Mumbai, India
Area served
 India
Key people
  • Sandeep Bakhshi (Managing Director & Chief Executive Officer),
  • Puneet Nanda (Chief Marketing Officer),
  • Sandeep Batra (Executive Director),
  • Satyan Jambunathan (Executive Vice President),
  • Manish Kumar (Chief Investment Officer),
  • Navin Sharma (Chief Internal Audit),
  • Binay Agarwala (Chief Financial Officer & Chief Risk Officer- Enterprise Risk),
  • Deepak Kinger (Chief Compliance Officer),
  • Poonam Bhardwaj (Chief Risk Officer- Operations Risk)
Products Insurance
Total assets ₹100000 crore (US$15 billion) (2014)
Website www.iciciprulife.com

ICICI Prudential Life Insurance Company Ltd. is one of the leading life insurance players in India serving millions of customers throughout the country. It has assets held over Rs. 100,000 Cr.

ICICI Prudential Life Insurance Company is a joint venture between ICICI Bank and Prudential plc, a leading international financial services group headquartered in the United Kingdom. ICICI Prudential was amongst the first private sector insurance companies to begin operations in December 2000 after receiving approval from Insurance Regulatory and Development Authority of India (IRDAI).

ICICI Prudential Life's capital stands at Rs 4,796 crores (as of 31 March 2014) with ICICI Bank and Prudential plc holding 74% and 26% stake respectively. For the financial year 2014, the company has garnered total premium (renewal and new business) of Rs 12,429 crores. The company has assets under management of over Rs 100,000 crores as of 19 February 2015.[1]

ICICI Prudential Life Insurance has maintained its dominant position (on new business retail weighted basis) amongst the private life insurers in the country, with a wide range of flexible products that meet the needs of the Indian customer at every step in life.[2]

References

  1. ↑ "ICICI Prudential Life Insurance - iloveindia.com". http://www.iloveindia.com/. I Love India. External link in |website= (help)
  2. ↑ "ICICI Pru Life - ignou university" (PDF). Indira Gandhi National Open University - IGNOU. IGNOU. Retrieved 22 September 2015.

[1] [2]

External links

  1. ↑ http://www.iciciprulife.com/public/About-us/Key-Persons.htm
  2. ↑ http://www.iciciprulife.com/public/About-us/About-Us.htm
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