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MUMBAI: DLF Pramerica Life Insurance Company (DPLI) has received regulatory approval from the Insurance Regulatory Development Authority of India (IRDA) to start life insurance operations in the country.

DPLI is a joint venture between real estate developer, DLF, and US-headquartered financial services firm, Prudential Financial, Inc.

With the receipt of this licence, DPLI expects to launch its life insurance business and commence sales in third quarter this year, a press release issued here on Monday stated. - PTI

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