ICICIPRULI

What ICICI Prudential Life Insurance Company promised, and what happened

Every commitment management made on a call, tracked from the quarter it was made — reaffirmed, revised, diluted or quietly dropped.

Guidance record · Q1 FY27

what the last two calls moved 10 tracked 2 delivered 3 missed 5 open
  • VNB Growth vs APE Growth delivered said Q4 FY25 Promised: endeavour is to be able to grow VNB ahead of the APE Q1 FY27: In Q1 FY27, VNB grew 24.9% while APE grew 14.6%. The promise to grow VNB ahead of APE continues to be met.
  • Return on Embedded Value (RoEV) went quiet said Q4 FY26 Promised: on a longer-term basis, we should still be at the 13% to 14% range Q1 FY27: RoEV was not mentioned in the Q1 FY27 earnings call or presentation, despite being introduced as a long-term metric two quarters ago. Management had previously signaled a shift away from this metric.
  • 13-month Persistency Ratio at risk said Q3 FY26 Promised: 85% and above as we go through into the later part or mid part of next year Q1 FY27: 13M Persistency declined to 84.0% from 84.5% in the previous quarter, moving further away from the target of >85% which is due by mid-FY27 (next quarter). The promise is now at risk.

The rest of the ledger

Above is what the last two calls moved. Pro opens all 10 tracked commitments for ICICI Prudential Life Insurance Company — every quarter's revision, the source quote behind each one, and the topics management has stopped answering.

See what Pro opens