Bharti weighs life insurer stake sale to Prudential – report [Yahoo! Finance]
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Source: Yahoo! Finance
That marks a substantial increase from last year, when the sale of a 15% holding to 360 One implied a valuation of Rs30bn, or roughly 1.1 times embedded value. Prudential is unlikely to secure full ownership because 360 One, an existing investor, is not expected to sell its stake. The companies are carrying out due diligence, although negotiations are still in progress and the valuation as well as the structure of any agreement may yet be revised. Should the deal go through, Bharti would leave the life insurance business, while Prudential would deepen its presence in India's relatively underpenetrated market. Representatives of both Bharti and Prudential declined to comment. Bharti AXA Life's financial position has improved, supported by a capital injection of Rs4.61bn that raised its solvency ratio to 2.41 times in June 2025. Its losses have reduced, and it is aiming to reach breakeven in the near term. At the same time, pressure has persisted in new business premiums
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