On May 17, 2026, Prudential plc announced the agreement to purchase a 75% equity stake in India’s Bharti Life Insurance. The initial cash consideration stands at 35 billion Indian rupees. The deal is subject to regulatory approvals and the fulfillment of relevant preconditions.

Upon completion of the transaction, Prudential will establish a brand-new business structure in India, consisting of its controlled subsidiary Bharti Life and Prudential HCL Health Insurance. Meanwhile, it will retain minority shareholdings in two joint ventures under the ICICI group.