Life insurers see margin squeeze amid sales push

ICICI Prudential Life Insurance posted the sharpest reduction in margin among listed life insurance companies, with the value of new business (VNB) margin narrowing to 24% in the first quarter of fiscal 2025 from 30% a year earlier. Its annual premium equivalent (APE), meanwhile, rose 34.4% on year to ₹1,963 crore.
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