ICICI Prudential Life Insurance’s AUM surpasses Rs 3 lakh crore mark

ICICI Prudential Life Insurance Co. Ltd. has crossed the ₹3 lakh crore mark in Assets Under Management (AUM), reaching an impressive ₹3.14 lakh crore as of July 31, 2024. This achievement is more than just a number—it’s a reflection of the deep trust and faith that countless individuals have placed in the company to safeguard their financial futures.

Anup Bagchi, Managing Director and CEO of ICICI Prudential Life Insurance, shared his thoughts on this momentous occasion: “This milestone is a celebration of our customers’ belief in us. We are dedicated to making life insurance simpler and more accessible, ensuring that every family can find the financial security they deserve.”

This achievement resonates strongly in markets like Agartala, where financial planning is becoming a priority for many families. As more people in Agartala turn to ICICI Prudential for their wealth creation and retirement needs, the company’s offerings are seen as a beacon of reliability and hope.ICICI Prudential Life’s exceptional claim settlement ratio of 99.17% in FY2024, paired with a swift 1.27-day turnaround, highlights its unwavering commitment to its customers. This milestone not only marks a financial achievement but also underscores the company’s role in shaping secure futures for countless families.

By Business Bureau