ICICI Prudential Life Renamed to ICICI Life Insurance

Big news! ICICI Prudential Life is changing its name to ICICI Life Insurance! This decision, made on Monday, is part of a grand plan to tidy up after Prudential's big buy of Bharti Life Insurance. Plus, there’s some boardroom drama happening too. Buckle up for more exciting updates!

Quick rundown

1.ICICI Prudential Life is renaming to ICICI Life Insurance.

2.Prudential is acquiring a 75% stake in Bharti Life Insurance.

3.ICICI Bank holds a majority stake in ICICI Prudential Life.

4.Prudential will reduce its stake in ICICI Prudential Life to below 10%.

5.Regulatory approval is awaited for the proposed changes.

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