icici pru life - The Purbottar

09 Jun

ICICI Pru Life: Bonus reflects a commitment to policyholders

editor0 CommentsBusinessicici pru life, insurance, Life Insurence

An annual bonus of Rs 867-crore has been announced by ICICI Prudential Life Insurance for all eligible participating policyholders for FY2021. The bonus declared is the highest ever by the Company till date and is also 10% higher than the bonus announced in the last fiscal. This is the 15th consecutive year the Company has declared a bonus, underscoring its customer-centricity and long-term investment approach to deliver superior risk-adjusted returns to policyholders. All participating policies in-force as of March 31, 2021 are eligible to receive this bonus. A total of 9.8-lakh participating policyholders will benefit from this. "We are delighted…

07 Jun

ICICI Pru Life announces highest-ever annual bonus for policyholders in FY21

editor0 CommentsBusinessFY2021, icici pru life

ICICI Prudential Life Insurance declared its highest-ever annual bonus of Rs 867 crore for the policyholders in FY21. Bonus is the share of profits generated by the company’s participating policyholder’s funds. N S Kannan, MD and CEO, ICICI Prudential Life Insurance, said, “We are delighted to announce that the annual bonus for FY2021 is the highest ever in the history of the company. What gives us special satisfaction is the fact that it coincides with the 20th anniversary of our operations.” The stringent investment philosophy of the company has ensured zero defaults in its portfolio since inception and across market…

13 Dec

Bancassurance Partnership between RBL Bank and ICICI Pru Life

editor0 CommentsBusinessicici pru life, RBL BANK

A bancassurance partnership has been inked between RBL Bank and ICICI Prudential Life Insurance. It will offer an array of life insurance products to the RBL Bank’s customers. RBL Bank will distribute ICICI Prudential Life’s products through its network of 398 branches spread across 28 states besides its internet and mobile banking touch-points that distinguish the Bank’s multi-channel distribution network. For ICICI Prudential Life, the partnership will deepen and further strengthen its multi-channel distribution network. Through this tie-up, the entire bouquet of ICICI Prudential Life’s insurance plans on the protection and savings platform will be available for purchase to customers…

22 Sep

ICICI Pru Life partners with NSDL Payments Bank

editor0 CommentsBusinessicici pru life, NSDL, payments bank

ICICI Prudential Life Insurance has entered into a corporate agency agreement with NSDL Payments Bank. Under the agreement, ICICI Prudential Life will provide its customer-centric protection and savings products to customers of NSDL Payments Bank. These insurance products will enable NSDL Payments Bank customers to provide financial security to their families and help them achieve their financial goals. This is also an effort by ICICI Prudential Life Insurance to cover the uninsured population of the country by offering its innovative and easy to understand life insurance POS products on NSDL Payment Bank's exhaustive point of sale (POS) network. POS life…