ICICI Prudential Life Insurance to rebrand as ICICI Life Insurance
The board of ICICI Prudential Life Insurance has given the green light to rename the firm to ICICI Life Insurance. This decision follows a request from its UK-based promoter, Prudential, to be categorized as an investor. The board has officially approved this shift in status. The move was triggered by Prudential acquiring a controlling interest in Bharti Life Insurance, a development that necessitated the company stepping down from its promoter position at the insurer.
by shortkt.com✓