<ul data-eligibleForWebStory="false"><li>ICICI Prudential Life Insurance reported a mixed business update for the April–June quarter with the annual premium equivalent falling by 5%.</li><li>Despite the decrease in APE, new business premiums grew by 6.5% year-on-year during the first quarter of financial year 2026.</li><li>ICICI Prudential Life Insurance's share price initially declined by 2.57% but recovered slightly after the update, trading 1.2% lower at Rs 671.4 apiece.</li><li>Analysts have varying recommendations on the company, with 13 maintaining a 'buy' rating, 10 recommending a 'hold', and two suggesting 'sell'.</li></ul>

ICICI Prudential Life Shares Pare Losses After Q1 New Business Premium Rise

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