In its 20th year, ICICI Prudential Life Insurance has crossed assets of Rs.2 lakh crore, said a company press release.
It had an AUM of Rs. 100 crore in financial year 2001, which grew to about Rs.50,000 crore in financial year 2010 and subsequently the company was the first in the private insurance industry to achieve an AUM of Rs.1 lakh crore in February 2015.
In a press release, NS Kannan, MD & CEO, ICICI Prudential Life Insurance said, “It symbolizes the commitment of our employees, distributors and other stakeholders to keep the customer at the core of every initiative implemented. We continue to be guided by our vision of building an enduring institution which serves the protection and long-term savings needs of customers with sensitivity.”