New Delhi, July 15 -- ICICI Pru Life Insurance Q1 results: ICICI Prudential Life Insurance Company, on Wednesday, 15 July, reported a 27.8% year-on-year (YoY) rise in its standalone profit to Rs.386 crore for the April-June quarter of the current financial year (Q1FY27).

The company attributed the YoY rise in its profit to higher shareholders' income, improved surplus generation in policyholders' in-force book, coupled with lower strain from new business.

Meanwhile, the company's board ahs approved the proposal to rename the company as 'ICICI Life Insurance Limited'.

"The board of directors recently approved a proposal to rename the company as 'ICICI Life Insurance Limited', subject to relevant approvals. Our business continues to be o...