ALSO READICICI Prudential Life: From dud IPO to star performer ICICI Pru Life mulls bid for Sahara's life insurance biz ICICI Prudential Life Insurance Q4 net profit rises marginally to Rs 408 cr ICICI Prudential Life Q1 net profit flat at Rs 406 cr ICICI Lombard sets IPO price band, looks to raise Rs 5,700 crore
The private insurer’s PAT stood at Rs 418.78 crore during the second quarter of 2016-17.
Total business premium in Q2 grew 20.67 per cent to Rs 6,599.39 crore, from Rs 5,468.58 crore a year ago.
In the half year of this financial year, its value of new business increased 70.9 per cent to Rs 417 crore, from Rs 244 crore a year ago.
The company offers products across the categories of protection, savings and investments.
The private insurer began its operations in December 2000.