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Published 19:05 IST, April 23rd 2024
ICICI Prudential reports decline in new business margin for FY24
The value for new business (VNB), representing the anticipated profit from new policies, declined by 19.5% to Rs 2,227 crore for fiscal year ending March 31.
The insurer, backed by ICICI Bank, achieved a 17 per cent growth in net premium income | Image:
Freepik
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19:05 IST, April 23rd 2024