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ICICI Prudential Life Insurance Company Ltd logo

ICICI Prudential Life Insurance Company Ltd

NSE: ICICIPRULI BSE: 540133

598.50

(-0.52%)

Tue, 17 Mar 2026, 09:02 pm

Company History

2000

  • The Company was incorporated at Mumbai on July 20 as ICICI Prudential Life Insurance Company Limited.
  • The Company obtained the certificate of commencement of business on October 16.
  • The Company is registered with IRDAI for carrying out the business of life insurance pursuant to the registration certificate dated November 24.

2001

  • The Company started operations.

2002

  • Crossed the mark of 100,000 policies.

2005

  • Crossed the mark of 1 million policies.

2008

  • Crossed the mark of 5 million policies.
  • Crossed receipt of Rs. 100 billion of total premium.
  • Crossed Rs. 250 billion of assets under management.

2010

  • Established Subsidiary for the purposes of undertaking pension funds related business.
  • The Company turned profitable - registered profit of Rs. 2.58 billion.
  • Crossed Rs. 500 billion of assets under management.

2011

  • The Company was awarded 'The Best Leading Private Player Life Insurance' at the CNBC TV18 Best Bank and Financial Institutions Award.
  • The Company was conferred the 'Insurance Company of the Year Award 2011' and 'Company of the Year Award 2011 Life Insurance' at The Indian Insurance Awards.

2012

  • Started paying dividends.
  • The Company was pronounced winner in the second Excellence Awards and Recognition for shared services in the insurance domain category.

2013

  • The Company received the Silver Effie award in the financial services category for the brand campaign 'Achche Bandeh'.

2014

  • The Company was conferred the QualTech prize for 'Innovation' at the Qimpro Awards.
  • The Company ranked as one of the best brands in BFSI sector as per 'Brandz top 50 most valuable Indian brands 2014', a study conducted by Millward Brown and published by WPP.

2015

  • Crossed Rs. 1 trillion of assets under management.
  • Recognised as Model Insurer (Digital) by Celent Model Insurer.
  • The Company ranked as one of the best brands in BFSI sector as per 'BrandZ top 50 most valuable Indian brands 2015', a study conducted by Millward Brown and published by WPP.

2016

  • ICICI Pru iProtect Smart product voted 'Product of the Year 2016' in the life insurance category by consumers nationwide by Product of the Year (India) Private Limited.
  • ICICI Pru Life - Listing of equity shares of ICICI Prudential Life Insurance Company Ltd.

2017

  • ICICI Prudential Life launched ICICI Pru Heart/Cancer Protect.
  • ICICI Prudential Life & World Wide Fund for Nature-India tied-up for a social initiative.
  • First insurance company in India to list on NSE and BSE.

2018

  • ICICI Pru iProtect Smart the 'Best Term Insurance Provider of the Year' by Money Today Financial Awards 2017-18.
  • ICICI Pru Heart/Cancer Protect voted 'Product of the Year 2018' in the life insurance category by Product of the Year (India) Private Limited.
  • ICICI Prudential Life partners with WhatsApp to offer next-gen Customer Service.
  • ICICI Prudential Life launches multimedia campaign to position iProtect Smart as the ultimate term insurance plan.

2019

  • ICICI Prudential Life Insurance Company Annual Report 2018-19 was ranked at #54 worldwide among the entries received by League of American Communications Professionals LL(LACP).
  • Ranked amongst the top 3 Companies in Indian Corporate Governance Scorecard.
  • Airtel Payments Bank partnered with ICICI Prudential Life to offer insurance products.

2020

  • Awarded the 'Claims & Customer Service Excellence Awards' in the Life Insurance Category by FICCI.
  • ICICI Prudential Life Insurance Company Annual Report 2019-20 was ranked at #52 worldwide among the entries received by League of American Communications Professionals LL (LACP).
  • ICICI Prudential Life Launches AI-powered voice chatbot on Google Assistant.
  • ICICI Prudential Life Insurance launches Guaranteed Pension Plan.
  • Airtel Payments Bank partnered with ICICI Prudential Life to offer insurance products.

2021

  • ICICI Prudential Life Insurance won 'ET BFSI Excellence Award 2021' for 'Excellence in Innovation' under the category 'Best Use of Emerging Technology for business growth'.
  • ICICI Prudential Life Insurance won Silver in 'Best Mobile App of the Year' for the campaign 'Customer Mobile App' in the Velocity Awards 2021.
  • ICICI Prudential Life Insurance launched new term insurance plan, ICICI Pru iProtect Return of Premium.
  • ICICI Prudential Life Insurance launched new income product.
  • Crossed Rs. 2 trillion of assets under management.

2022

  • ICICI Prudential Life Insurance launched new long-term savings product, ICICI Pru Sukh Samruddhi.
  • ICICI Prudential Life Insurance announced record annual bonus of 968.8 crore for policyholders.
  • ICICI Prudential Life Insurance launched new annuity plan, ICICI Pru Guaranteed Pension Plan Flexi.
  • ICICI Prudential Life Insurance Company's Assets under Management crossed Rs. 2.5 lakh crore.
  • Award for 'Excellence in Innovation in Customer Proposition & Experience' at the 14th Global Insurance Summit & Awards by ASSOCHAM.
  • Award for 'Sales Champion in the Life Insurance – Large' category at the 9th Economic Times Insurance Summit Awards 2022.

2023

  • Crossed Rs. 2.5 trillion of assets under management.
  • Award for 'Sales Champion' - Life Insurance (Large) category at the 10th Edition of ET EDGE Insurance Summit and Awards.
  • Award for 'Best Technology Enabled Transformation - Runner Up' at the 15th Global Insurance Summit & Awards by ASSOCHAM.

2024

  • ICICI Prudential Life and RGA launched life insurance industry's first product covering women specific ailments, ICICI Pru Wish.
  • ICICI Prudential Life launched industry's first 'Increasing Income' feature in ICICI Pru Guaranteed Pension Plan Flexi to manage inflation.
  • ICICI Prudential Life Insurance launched its First ULIP with Fund Value-based distributor payouts, ICICI Pru Platinum.
  • ICICI Prudential Life Insurance launched retirement savings product, ICICI Pru Gold Pension Savings.
  • ICICI Prudential Life Insurance launched ICICI Pru Guaranteed Pension Plan Flexi with Benefit.

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