ICICI Prudential Life Insurance is a first private sector insurance company started operating from December 2000 in India, headquartered in Mumbai. It is a joint venture between ICICI Bank and Prudential plc, a leading international financial services group. Their capital stands at INR 48.16 billion for the year 2015, they have generated a total premium of INR 153 billion and have assets under management of INR 1001.83 billion as on 2015.