ICICI Prudential Life Insurance Company Limited (BOM:540133)
₹ 579.7 -5.3 (-0.91%) Market Cap: 835.61 Bil Enterprise Value: 839.23 Bil PE Ratio: 98.25 PB Ratio: 7.59 GF Score: 79/100
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Nine Months 2020 ICICI Prudential Life Insurance Company Ltd Earnings Call Transcript

Jan 21, 2020 / 10:00AM GMT
Release Date Price: ₹489 (+0.12%)
Narayanan Srinivasa Kannan
ICICI Prudential Life Insurance Company Limited - CEO, MD & Whole-time Director

Good afternoon. And welcome to the results call of ICICI Prudential Life Insurance Company for the 9 months of the current financial year.

I have with me here my colleagues Puneet Nanda, our Deputy Managing Director; Satyan Jambunathan, our Chief Financial Officer; and Amit Palta, our Chief Distribution Officer.

At the outset, I'd like to mention some of the key developments during the quarter. In line with our agenda of growing protection business and reaching out to under-served customer segments, we launched ICICI Pru Precious Life, the industry's first term plan, specifically designed for customers who find it difficult to get access to life cover due to existing health conditions. Recently, we also launched Lakshya, a participating product, which provides an option of regular lifelong income with a guaranteed capital protection under life cover. So these are the 2 significant product introductions we had done during the quarter.

On the distribution front, we

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