Prudential entered India’s health insurance market via a 70:30 joint venture with HCL Group, branded Prudential Health India.
- The standalone health insurer began operations on Aug. 20, 2026, targeting a market with about USD 16 billion gross written premiums in FY 2026.
- Prudential holds 70% of the venture, positioning the group to deepen its India footprint alongside existing life insurance operations.
- The venture will use an omnichannel model, combining an agency network with an AI-enabled direct-to-consumer platform.
- Prudential Health India will offer access to a network of more than 12,000 hospitals.
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