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Our Bureau

Mumbai , Jan. 17

FITCH Ratings has assigned ICICI Prudential Life Insurance a National Insurer Financial Strength ("IFS") rating of `AAA(ind)' with Stable Outlook.

According to a press release, the rating reflects the ongoing operational and capital support received from the company's strongly rated shareholders, the currently very strong capitalisation, the important market position built by the company in the last five years and the company's strong focus on introduction of best business practices.

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