ICICI Prudential Life Insurance Company is looking to acquire smaller rival Sahara India Life Insurance. The company has expressed its interest to evaluate taking over policyholders’ liabilities and assets of Sahara Life. The company is evaluating the way forward on the same. The last reported policyholders’ liabilities of Sahara Life is about Rs 9 billion, which is less than 1% of the company’s Balance Sheet size.
ICICI Prudential Life Insurance Company offers a range of products to cater to the specific needs of customers in different life stages, enabling them to meet their long-term savings and protection needs.