Prudential-HCL JV gets IRDAI nod, becoming India’s 8th health insurer
IRDAI has granted a certificate of registration to Prudential HCL Health Insurance Ltd, the joint venture between Prudential Group (70%) and HCL Group (30%). This makes it India’s eighth standalone health insurer and advances Prudential’s domestic push following its planned ₹3,500‑crore Bharti AXA Life acquisition, boosting competition in a rapidly growing market.