BENGALURU, May 21 (Reuters) - State-owned Life Insurance Corporation of India reported a 23% rise in quarterly profit on ...

State-owned Life Insurance ​Corporation of ‌India reported a ​23% rise ​in quarterly profit on Thursday, ⁠supported ​by a rise ​in premium collections.

The London-based insurer says the move marks a strategic reset in India, as it secures majority control of Bharti Life Insurance while complying with regulations on ICICI Prudential stake reduction.

Bharti plans to sell 85% stake in life insurance business. Prudential eyes majority stake, expanding footprint in India’s growing insurance market. Deal valued at ₹7,000–8,000 crore, subject to due ...

Life insurance demand in India has gone up sharply in recent months, with reports suggesting a 21%* rise in sales after ...

Prudential to buy 75% of Bharti Life for ₹35bn, boosting India insurance exposure as foreign ownership opens up.

The new business of private life insurers during the fiscal rose 16.75% to ₹1,99,249.35 crore. Barring group non-single premium which declined 27.35% to ₹287.33 crore, the private companies did well ...

Prudential (NYSE:PRU) has agreed to acquire a 75% stake in Bharti Life Insurance Company for an initial cash consideration of 35 billion rupees, or $365 million, giving the UK-based insurer a ...

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May 17 (Reuters) - Prudential on Sunday said it has agreed to acquire a 75% stake in Bharti Life Insurance Company, from Bharti Life Ventures and 360 ONE Asset Management, as part of a strategic ...