Going at this pace .We will be launching a new policy every 45 days this year., we may start on about nine new products this fiscal,”– alternate distribution and group, ICICI Prudential, at a press conference in Kolkata on Wednesday. Tarun Chugh, chief said.

He added. The new policies would be in different categories including pension, single premium guaranteed return and family floater health products.

This apart, ICICI Prudential will be confident on increasing its pension policy portfolio. He said, The pension segment was expected to contribute nearly 50 per cent of total premium collection soon, as against 30-35 per cent now.

The company would continue to focus on ULIPs, which currently account for 90(%) per cent of its total in print premium.

The company launch a new pension plan—Life Stage Assure Pension-- with guaranteed additions of up to 200(%) per cent of first year premium. He pointed out , The company planned to market the product for the age group starting from 35 years.

Mr. Chugh said, ICICI Prudential would hire 3,000 employees in 2009-10.