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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.
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