ICICI Prudential Life Insurance Co. Ltd. has crossed the ₹3 lakh crore mark in Assets Under Management (AUM), reaching ₹3.14 lakh crore as of July 31, 2024. This achievement not only underscores the company’s steady growth but also reflects the deep trust customers place in its financial solutions.
Anup Bagchi, Managing Director and CEO of ICICI Prudential Life Insurance, shared his excitement about the milestone, stating, “This accomplishment signifies our customers’ trust in us to secure their financial futures. Our commitment to simplifying products and ensuring a strong risk management framework has been instrumental in this journey.”
In Agartala, this milestone highlights a growing awareness and adoption of life insurance products in the region. As more individuals and families in Agartala seek financial security, ICICI Prudential’s offerings have become increasingly popular, aligning with the community’s needs for wealth creation and retirement planning. The company’s impressive claim settlement ratio of 99.17% in FY2024, coupled with a swift turnaround time of 1.27 days, further cements its position as a leader in the life insurance industry. ICICI Prudential Life continues to set new benchmarks in customer trust and service excellence.
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