ICICI Pru Life hikes bonus for FY22 by 12% to Rs 968 cr

ICICI Pru Life hikes bonus for FY22 by 12% to Rs 968 cr
ET Bureau
Rate Story
Share
Font Size
Save
Comment
Synopsis

Strong fund management capabilities coupled with robust risk management practices have enabled the company to consistently reward participating policyholders with a higher bonus, ICICI Prudential Life said in a statement.

Agencies
Mumbai: ICICI Prudential Life Insurance has declared an annual bonus of ₹968.8 crore for the fiscal ended March 2022 to all eligible participating policyholders, up 12% from a year ago. This is the sixteenth consecutive year of bonus payment by the company.

All participating policies in force as of March 31, 2022, are eligible to receive this annual bonus, which will be added to the policyholders' benefits, the company said.

Strong fund management capabilities coupled with robust risk management practices have enabled the company to consistently reward participating policyholders with a higher bonus, ICICI Prudential Life said in a statement.

Print Edition

Read the Print Edition now!

Indulge in digital reading experience of ET newspaper exactly as it is.

Read Now

Read More News on

(What's moving Sensex and Nifty Track latest market news, stock tips and expert advice on ETMarkets. Also, ETMarkets.com is now on Telegram. For fastest news alerts on financial markets, investment strategies and stocks alerts, subscribe to our Telegram feeds.)

Download The Economic Times News App to get Daily Market Updates & Live Business News.

...more
Pick the best stocks for yourself
Powered by
Read before you invest. Insights on ICICI Prudential Life Insurance Company Ltd.. Explore Now