ICICI Prudential Life Insurance posted the sharpest reduction in margin among listed life insurance companies, with the value of new business (VNB) margin narrowing to 24% in the first quarter of fiscal 2025 from 30% a year earlier. Its annual premium equivalent (APE), meanwhile, rose 34.4% on year to ₹1,963 crore.
from Banking/Finance-Industry-Economic Times https://ift.tt/oGfAQt2
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