Rs 1200 crore added by ICICI-Prudential Life this fiscal

Thursday 29, September, 2005 ICICI-Prudential Life insurance has added Rs 1,200 crore in the current fiscal. By this it has crossed the Rs 5,000 crore mark in funds under management.. The company?s retail market share now stands at 32% of private companies and 10% of the total market. Its market share (retail and group) stood at 31.6% for April-August 2005. ICICI Prudential?s weighted received premium income for the five-month period April-August 2005 stood at Rs 530 crore, up by 75% from the same period last year. The company has a network of over 60,000 advisors as well as 7 bancassurance and 150 corporate agent tie-ups.

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