ICICI Prudential Life delivered a strong performance for Q1 FY2027. The company's New Business Premium (NBP) showed robust growth, surging 21.3% year-over-year to `4,866 Cr.

Annualized Premium Equivalent (APE) also expanded significantly, growing 14.6% YoY to `2,136 Cr.

Retail APE saw an 8.9% increase, reaching `1,646 Cr, indicating solid retail traction.

Further highlighting business expansion, the Retail Weighted Received Premium (RWRP) climbed 13.4% YoY to `1,538 Cr.

Overall, the New Business Sum Assured recorded an impressive 31.8% year-over-year jump, reaching `489,665 Cr.

This performance update primarily focuses on these key premium and sum assured metrics, showcasing healthy operational momentum for the quarter.