ICICI Prudential Life Insurance reported a strong performance for the first quarter of FY2027, with net profit rising 28% year-on-year to ₹386 crore, supported by healthy growth in new business, premium collections and long-term profitability. The insurer also posted higher value of new business (VNB), improved VNB margins and robust growth in retail protection, while maintaining a strong solvency ratio well above the regulatory requirement.