Revenue distribution by sectors:

• Life insurance: approx. 70%
• Pension insurance: approx. 20%
• Health insurance and others: approx. 10%

TOP 3 markets and their percentage shares:

• India: approx. 85%
• United Arab Emirates: approx. 10%
• Singapore: approx. 5%

ICICI Prudential Life Insurance Company Limited generates the majority of its revenue from the life insurance segment, which constitutes the main portion of its business. The Indian market is the dominant market for the company, attributed to its strong presence and brand trust in the region.

The United Arab Emirates and Singapore are important international markets, albeit contributing a smaller share of the total revenue compared to India. However, these markets offer growth potential as the company continues to expand its international operations.

Production Sites: India

ICICI Prudential Life Insurance Company Limited is a leading life insurance company in India. As a service company in the insurance sector, it does not produce physical products. Instead, it offers a variety of insurance and financial services that are developed and provided in India.

The services include life insurance, pension plans, and unit-linked insurance products, all designed and managed in India. The company utilizes a network of branches and digital platforms to offer its services throughout the country.

Revenue Growth: 10% (estimated for 2025 based on the latest available data)

Profit Growth: 8% (estimated for 2025 based on the latest available data)

ICICI Prudential Life Insurance Company Limited is pursuing a growth strategy focused on expanding its product range and enhancing customer experience. The company is increasingly leveraging digital technologies to optimize distribution and increase efficiency.

Another key focus is on diversifying their distribution channels, including partnerships with banks and digital platforms, to reach a broader customer base. Additionally, ICICI Prudential is investing in innovative insurance products tailored to the evolving needs of customers, especially in the health and retirement insurance sectors.

These strategic initiatives are intended to support the company's growth in a competitive market environment and further strengthen its market position.

Commodities/Materials: No direct imports

ICICI Prudential Life Insurance Company Limited is a financial services company that offers insurance products. As such, it does not import physical commodities or materials, as its business model is based on financial services rather than production or manufacturing.

The company focuses on selling life insurance and other financial products and therefore does not require physical commodities for its operations. Instead, it invests in financial instruments and manages capital assets to provide returns to policyholders.

Market share: 8.5% (estimated for 2025)

Solvency ratio: 210% (2024)

ICICI Prudential Life Insurance Company Limited has a significant competitive advantage in the Indian insurance market. With an estimated market share of 8.5% in 2025, the company is one of the leading providers in the life insurance sector in India.

The solvency ratio of 210% in 2024 indicates that the company has strong financial stability, enabling it to reliably fulfill its obligations to policyholders. This metric is well above regulatory requirements, enhancing the trust of customers and investors.

Another competitive advantage stems from the strategic partnership with ICICI Bank, which provides a broad customer base and an extensive distribution network. This allows ICICI Prudential to efficiently distribute its products and tap into new market segments.

Additionally, the company continuously invests in digital technologies to enhance customer service and increase operational efficiencies, which are becoming increasingly important in the industry.

Institutional Investor Share: approx. 70% (2025, estimated) Insider Buys/Sells: No significant transactions in the last year (2025, estimated)

The institutional investor share at ICICI Prudential Life Insurance Company Limited is relatively high, indicating a strong trust from large investment funds and institutional investors in the company. These investors typically value the stability and growth potential of the company.

Regarding insider buys and sells, there were no significant transactions in the last year. This may suggest that the management and other insiders are satisfied with the current company strategy and see no need to change their positions.

Market share of ICICI Prudential Life Insurance: 8.5% (2025, estimated)

Top competitors and their market shares:

1. Life Insurance Corporation of India (LIC): 66% (2025, estimated)
2. SBI Life Insurance: 9.3% (2025, estimated)
3. HDFC Life Insurance: 8.8% (2025, estimated)
4. ICICI Prudential Life Insurance: 8.5% (2025, estimated)
5. Max Life Insurance: 5.2% (2025, estimated)

Moat of ICICI Prudential Life Insurance:

ICICI Prudential Life Insurance has a moderate moat, mainly supported by its strong brand recognition, wide distribution network, and the backing of its parent company ICICI Bank. These factors enable the company to maintain a stable customer base and attract new customers.

Compared to competitors, Life Insurance Corporation of India (LIC) has the strongest moat, supported by its market dominance, government backing, and a deep trust relationship with customers. SBI Life Insurance and HDFC Life Insurance also benefit from strong bank partnerships and a solid brand presence.

Overall, ICICI Prudential Life Insurance has a solid but not outstanding moat compared to the market leaders. The competitive advantage could be further strengthened through innovations in products and services as well as leveraging digital platforms.

Revenue Growth: 10.5% (2024) Profit Growth: 8.2% (2024) Return on Equity (ROE): 15.4% (2024) Solvency Ratio: 215% (2024)

ICICI Prudential Life Insurance Company Limited recorded a solid revenue growth of 10.5% in 2024, attributed to strong demand for life insurance products and effective distribution strategies. The profit growth of 8.2% indicates that the company is able to improve its profitability despite rising operating costs.

The return on equity of 15.4% suggests that the company efficiently utilizes its capital and generates a good return for its shareholders. A solvency ratio of 215% also indicates that ICICI Prudential Life Insurance is financially stable and has sufficient funds to meet its obligations.

Overall, these indicators suggest that ICICI Prudential Life Insurance has a stable financial foundation and is well positioned to benefit from future growth opportunities. This could make the stock an attractive investment, especially for investors interested in long-term growth in the insurance sector.

Dividend Yield: 1.5% (2024)

ICICI Prudential Life Insurance Company Limited achieved a dividend yield of approximately 1.5% in 2024. The company has been regularly paying dividends in recent years, indicating a certain level of reliability.

The company's payout policy is aimed at providing shareholders with a stable return while retaining enough funds for future growth and investments in the company. Analysts view ICICI Prudential's dividend policy as sustainable as long as the company maintains its financial stability and growth strategy.