ICICI Prudential Life Insurance Company Limited Q2 FY27 earnings call summary

Earnings call of 13 Oct 2026, summarised by AI from the filing.

ICICI Life's H1 FY2027 VNB rose 22.3% to ₹12.83 billion with margin at 26.0%, as Sidharatha Mishra takes over as MD and CEO.

Key takeaways

1. VNB ₹12.83 billion in H1 FY2027, up 22.3% year-on-year, with VNB margin at 26.0%.
2. Guidance No numeric guidance; retail protection growth expected to taper to more moderate levels in H2 FY2027.
3. CEO change Sidharatha Mishra becomes MD and CEO for 5 years from October 14, 2026, subject to approvals.
4. Protection mix Protection rose to 23.4% of APE from 19.3%, the main driver of the margin expansion.
5. Regulation IRDAI consultation paper proposes significant commission cuts, with volume impact still unclear.

Original filing on BSE

ICICI Prudential Life Insurance Company Limited earnings call, investor presentation and press release summaries

• Q2 FY27: Earnings call (13 Oct 2026), Results deck (13 Oct 2026)
• Q1 FY27: Earnings call (15 Jul 2026), Results deck (15 Jul 2026)
• Q4 FY26: Earnings call (14 Apr 2026), Results deck (14 Apr 2026)
• Q3 FY26: Earnings call (13 Jan 2026), Results deck (13 Jan 2026), Results deck (9 Mar 2026)
• Q2 FY26: Earnings call (14 Oct 2025), Results deck (14 Oct 2025), Results deck (8 Dec 2025)
• Q1 FY26: Earnings call (15 Jul 2025), Results deck (15 Jul 2025), Results deck (8 Aug 2025)
• Q4 FY25: Earnings call (15 Apr 2025), Results deck (15 Apr 2025), Results deck (13 May 2025), Results deck (9 Jun 2025), Results deck (10 Jul 2025)
• Other events: Investor presentation (8 Jul 2026), Investor presentation (9 Jun 2026), Investor presentation (8 May 2026), Investor presentation (9 Feb 2026), Investor presentation (10 Jan 2026)