Prudential PLC to Buy Majority Stake in India Life Insurer for $389 Million

Dow Jones

05/18

By P.R. Venkat

Prudential PLC has agreed to acquire a controlling stake in an Indian life insurer for $389 million, as the U.K. company seeks to expand its business in one of the world's fastest-growing insurance markets.

The U.K. insurer will acquire a 75% stake in Bharti Life Insurance as part of a broader effort to reposition its India operations, Prudential PLC said Sunday.

India is an attractive market because of low life-insurance penetration and strong demand for savings and protection products, it said.

Following completion of the acquisition, Prudential's India operations will include majority-owned Bharti Life Insurance and Prudential HCL Health Insurance. The company will also retain minority stakes in ICICI Prudential Asset Management Company Limited and ICICI Prudential Life Insurance Company Limited.

Prudential also said it expects to reduce its stake in ICICI Prudential Life Insurance to below 10% to comply with Indian regulatory requirements.

The acquisition will be funded through existing resources.

Write to P.R. Venkat at venkat.pr@wsj.com

(END) Dow Jones Newswires

May 17, 2026 19:38 ET (23:38 GMT)

Copyright (c) 2026 Dow Jones & Company, Inc.

應版權方要求，你需要登入查看該內容

登入 / 註冊

免責聲明：投資有風險，本文並非投資建議，以上內容不應被視為任何金融產品的購買或出售要約、建議或邀請，作者或其他用戶的任何相關討論、評論或帖子也不應被視為此類內容。本文僅供一般參考，不考慮您的個人投資目標、財務狀況或需求。TTM對信息的準確性和完整性不承擔任何責任或保證，投資者應自行研究並在投資前尋求專業建議。

熱議股票

1
2
3
4
5
6
7
8
9
10

{"basename":"/hant","ssrTDKData":{"titleTemplate":"%s - 老虎證券","title":"老虎证券全球投资理财平台| 一站式投资美股新股港股A股","description":"老虎证券助您一站式投资美股，新股，港股，A股等全球金融理财产品。新加坡华人最信赖的在线投资平台，现在加入即享低费用，24/5 无时差炒美股投资理财！","keywords":"老虎證券,老虎證券開戶,老虎券商,老虎證券官網,老虎證券app,tigertrade老虎證券,股票,炒股,新加坡股票交易平臺,投資,投資理財","social":{"ogDescription":"老虎证券助您一站式投资美股，新股，港股，A股等全球金融理财产品。新加坡华人最信赖的在线投资平台，现在加入即享低费用，24/5 无时差炒美股投资理财！","ogImage":"https://c1.itigergrowtha.com/portal5/static/media/og-logo.0a0bd8dc.png","ogUrl":"https://www.itiger.com/hant/news/2636601427"},"companyName":"老虎證券"},"pageData":{"isMobile":false,"isTiger":false,"isTTM":true,"region":"SGP","license":"TBSG","edition":"fundamental"},"isCrawlerRequest":true,"__swrFallback__":{"@#url:\"https://stock-news.skytigris.cn/v3/news\",params:#id:\"2636601427\",edition:\"fundamental\",auth_exemption:1,,,undefined,":{"share":"https://ttm.financial/m/news/2636601427?lang=zh_TW&edition=fundamental","thumbnail":"","is_english":true,"pubTime":"2026-05-18 07:38","share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","id":"2636601427","market":"us","top_or_hot":-1,"title":"Prudential PLC to Buy Majority Stake in India Life Insurer for $389 Million","media":"Dow Jones","content":"<font class=\"NormalMinus1\" face=\"Arial\">\n<pre style=\"white-space: pre\">\n \n</pre>\n<p>\n  By P.R. Venkat \n</p>\n<pre style=\"white-space: pre\">\n \n</pre>\n<p>\n  <a href=\"https://laohu8.com/S/PUKPF\">Prudential PLC</a> has agreed to acquire a controlling stake in an Indian life insurer for $389 million, as the U.<a href=\"https://laohu8.com/S/TKKD.SI\">K</a>. company seeks to expand its business in one of the world's fastest-growing insurance markets. \n</p>\n<p>\n  The U.K. insurer will acquire a 75% stake in Bharti Life Insurance as part of a broader effort to reposition its India operations, Prudential PLC said Sunday. \n</p>\n<p>\n  India is an attractive market because of low life-insurance penetration and strong demand for savings and protection products, it said. \n</p>\n<p>\n  Following completion of the acquisition, Prudential's India operations will include majority-owned Bharti Life Insurance and Prudential HCL Health Insurance. The company will also retain minority stakes in ICICI Prudential Asset Management Company Limited and ICICI Prudential Life Insurance Company Limited. \n</p>\n<p>\n  Prudential also said it expects to reduce its stake in ICICI Prudential Life Insurance to below 10% to comply with Indian regulatory requirements. \n</p>\n<p>\n  The acquisition will be funded through existing resources. \n</p>\n<pre style=\"white-space: pre\">\n \n</pre>\n<p>\n  Write to P.R. Venkat at venkat.pr@wsj.com \n</p>\n<pre style=\"white-space: pre\">\n \n</pre>\n<p>\n  (END) Dow Jones Newswires\n</p>\n<p>\n  May 17, 2026 19:38 ET (23:38 GMT)\n</p>\n<p>\n  Copyright (c) 2026 Dow Jones &amp; Company, Inc.\n</p>\n</font>","source":null,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Prudential PLC to Buy Majority Stake in India Life Insurer for $389 Million</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 12.5px; color: #7E829C; margin: 0;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nPrudential PLC to Buy Majority Stake in India Life Insurer for $389 Million\n</h2>\n<h4 class=\"meta\">\n<div class=\"head\" \">\n\n<div class=\"h-thumb\" style=\"background-image:url(https://static.tigerbbs.com/150f88aa4d182df19190059f4a365e99);background-size:cover;\"></div>\n\n<div class=\"h-content\">\n<p class=\"h-name\">Dow Jones </p>\n<p class=\"h-time smaller\">2026-05-18 07:38</p>\n</div>\n</div>\n</h4>\n</header>\n<article>\n<font class=\"NormalMinus1\" face=\"Arial\">\n<pre style=\"white-space: pre\">\n \n</pre>\n<p>\n  By P.R. Venkat \n</p>\n<pre style=\"white-space: pre\">\n \n</pre>\n<p>\n  <a href=\"https://laohu8.com/S/PUKPF\">Prudential PLC</a> has agreed to acquire a controlling stake in an Indian life insurer for $389 million, as the U.<a href=\"https://laohu8.com/S/TKKD.SI\">K</a>. company seeks to expand its business in one of the world's fastest-growing insurance markets. \n</p>\n<p>\n  The U.K. insurer will acquire a 75% stake in Bharti Life Insurance as part of a broader effort to reposition its India operations, Prudential PLC said Sunday. \n</p>\n<p>\n  India is an attractive market because of low life-insurance penetration and strong demand for savings and protection products, it said. \n</p>\n<p>\n  Following completion of the acquisition, Prudential's India operations will include majority-owned Bharti Life Insurance and Prudential HCL Health Insurance. The company will also retain minority stakes in ICICI Prudential Asset Management Company Limited and ICICI Prudential Life Insurance Company Limited. \n</p>\n<p>\n  Prudential also said it expects to reduce its stake in ICICI Prudential Life Insurance to below 10% to comply with Indian regulatory requirements. \n</p>\n<p>\n  The acquisition will be funded through existing resources. \n</p>\n<pre style=\"white-space: pre\">\n \n</pre>\n<p>\n  Write to P.R. Venkat at venkat.pr@wsj.com \n</p>\n<pre style=\"white-space: pre\">\n \n</pre>\n<p>\n  (END) Dow Jones Newswires\n</p>\n<p>\n  May 17, 2026 19:38 ET (23:38 GMT)\n</p>\n<p>\n  Copyright (c) 2026 Dow Jones &amp; Company, Inc.\n</p>\n</font>\n</article>\n</div>\n</body>\n</html>\n","isBrief":false,"type":0,"news_type":1,"symbol":"LU1880383366.USD","symbol_name":"東方匯理中國股票基金 A2 (C)","start_time":0,"source_url":"https://dowjonesnews.com/newdjn/logon.aspx?AL=N","article_id":"2636601427","we_media_id":"106","thumbnails":[],"rights":null,"url":"https://stock-news.laohu8.com/highlight/detail?id=2636601427","pubTimestamp":1779061080,"columns":[],"sourceInfo":null,"weMediaInfo":{"media_name":"Dow Jones","introduction":"Dow Jones publishes the world’s most trusted business news and financial information in a variety of media.","home_visible":0,"id":"106","head_image":"https://static.tigerbbs.com/150f88aa4d182df19190059f4a365e99"},"summary":"Prudential PLC has agreed to acquire a controlling stake in an Indian life insurer for $389 million, as the U.K. company seeks to expand its business in one of the world's fastest-growing insurance markets.The U.K. insurer will acquire a 75% stake in Bharti Life Insurance as part of a broader effort to reposition its India operations, Prudential PLC said Sunday.India is an attractive market because of low life-insurance penetration and strong demand for savings and protection products, it said.Following completion of the acquisition, Prudential's India operations will include majority-owned Bharti Life Insurance and Prudential HCL Health Insurance. The company will also retain minority stakes in ICICI Prudential Asset Management Company Limited and ICICI Prudential Life Insurance Company Limited.Prudential also said it expects to reduce its stake in ICICI Prudential Life Insurance to below 10% to comply with Indian regulatory requirements.The acquisition will be funded through existing","collect":0,"end_time":0,"defaultTopTitle":"","property":[],"viewcount":null,"language":"en","relate_stocks":{"LU1880383366.USD":"东方汇理中国股票基金 A2 (C)","LU0211331839.USD":"FRANKLIN MUTUAL GLB DISCOVERY \"A\" (USD) ACC","LU1015430645.USD":"SCHRODER ISF UK EQUITY \"A\" (USDHDG) ACC","BK6074":"人寿与健康保险","BK4162":"人寿与健康保险","LU0048597586.USD":"富达亚洲焦点A","LU0575583348.USD":"SCHRODER ISF UK EQUITY \"A\" (USD) INC AV","02378":"保诚","PUK":"英国保诚","K6S.SI":"英国保诚","BK1184":"人寿与健康保险","BK6521":"保险股","LU0251144936.SGD":"Fidelity Sustainable Asia Equity A-SGD"},"translate_title":"保诚集团将以3.89亿美元收购印度人寿保险公司多数股权","themeId":null,"isJumpTheme":false,"ttsUrl":null,"symbols_score_info":{"MNDmain":1.5,"PUK":0.9,"02378":0.9,"K6S.SI":0.9},"content_text":"By P.R. Venkat \n\n\n \n\n\nPrudential PLC has agreed to acquire a controlling stake in an Indian life insurer for $389 million, as the U.K. company seeks to expand its business in one of the world's fastest-growing insurance markets. \n\n\n  The U.K. insurer will acquire a 75% stake in Bharti Life Insurance as part of a broader effort to reposition its India operations, Prudential PLC said Sunday. \n\n\n  India is an attractive market because of low life-insurance penetration and strong demand for savings and protection products, it said. \n\n\n  Following completion of the acquisition, Prudential's India operations will include majority-owned Bharti Life Insurance and Prudential HCL Health Insurance. The company will also retain minority stakes in ICICI Prudential Asset Management Company Limited and ICICI Prudential Life Insurance Company Limited. \n\n\n  Prudential also said it expects to reduce its stake in ICICI Prudential Life Insurance to below 10% to comply with Indian regulatory requirements. \n\n\n  The acquisition will be funded through existing resources. \n\n\n \n\n\n  Write to P.R. Venkat at venkat.pr@wsj.com \n\n\n \n\n\n  (END) Dow Jones Newswires\n\n\n  May 17, 2026 19:38 ET (23:38 GMT)\n\n\n  Copyright (c) 2026 Dow Jones & Company, Inc.","kind":"highlight","is_publish_news":true,"is_publish_highlight":false,"is_publish_live":false,"is_publish_wemedia":true,"editions":null,"column":"","sentiment":"2","news_tag":"shareholding","news_rank":0,"isVideo":false,"video":null,"symbols":[],"gpt_button":0,"need_auth":true,"need_login_tip":false,"code":"91000000","status":"200"}}}