ICICI Prudential Life Insurance Company Limited
The Government of Singapore decreased its stake in ICICI Prudential Life Insurance Company Limited from 1.90% to 1.22%, selling 9,818,035 shares worth ₹488.08 crore at ₹497.15 apiece.
A leading life insurance provider in India, ICICI Prudential offers comprehensive life insurance, pension, and health insurance products designed for individuals and corporate groups. The company operates across participating, non-participating, and unit-linked business segments, with products distributed through individual agents, corporate agents, banks, brokers, sales representatives, and its digital platform. Its distinctive strength lies in its integrated multi-channel distribution network and diverse product portfolio tailored to varying customer needs.
Singapore sovereign investor (GIC), managing the Government of Singapore's foreign reserves. One of the world's largest SWFs with significant Indian equity holdings.