The Board will make an announcement by the end of March regarding our acquisition of a significant stake in a leading health insurance company, with myself, as MD and CEO, overseeing the transaction.

The Board will make an announcement by the end of March regarding our acquisition of a significant stake in a leading health insurance company, with myself, as MD and CEO, overseeing the transaction.

by | Mar 22, 2025 | Aditya Birla, Insurance, LIC, Niva Bupa, Star Health and Allied Insurance

Life Insurance Corporation of India (LIC) is planning to acquire a stake in a standalone health insurance company by the end of the current financial year, according to Siddhartha Mohanty, the company’s Managing Director and Chief Executive Officer. The decision...
Before the end of March 31, the company is planning to acquire a significant stake in a prominent health insurance provider, according to CEO Mohanty.

The introduction of the Long-Term Care (LIC) policy is poised to revolutionize India’s health insurance landscape by providing comprehensive coverage and financial support to millions of citizens.

by | Mar 21, 2025 | Insurance, LIC

The article discusses the potential entry of Life Insurance Corporation (LIC) into the health insurance market. If LIC enters the market, it’s assumed that it would do so by buying a significant stake in an existing health insurance company, such as...
The Board will make an announcement by the end of March regarding our acquisition of a significant stake in a leading health insurance company, with myself, as MD and CEO, overseeing the transaction.

Prudential plc and HCL Group are collaborating on a new health insurance joint venture.

by | Mar 21, 2025 | Bajaj Allianz Life Insurance, ICICI Prudential Life, Insurance, LIC, Niva Bupa, Star Health and Allied Insurance

UK-based Prudential Plc has announced a plan to establish a health insurance joint venture with India’s HCL Group. The new business will have Prudential Group Holdings Limited, a UK subsidiary, holding a 70% stake, while Vama, an HCL Group company, will hold the...