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CEO Siddhartha Mohanty of LIC says stake acquisition in health insurance company to be decided by March 31.

CEO Siddhartha Mohanty of LIC says stake acquisition in health insurance company to be decided by March 31.

by Team Small News | Jun 21, 2025 | Aditya Birla, Care, Insurance, LIC, Niva Bupa, Star Health and Allied Insurance

The Life Insurance Corporation of India (LIC), the country’s largest insurer, is planning to expand its presence in the insurance market by acquiring a stake in a health insurance company. According to CEO Siddhartha Mohanty, a decision on the potential...
CEO Siddhartha Mohanty of LIC says stake acquisition in health insurance company to be decided by March 31.

Star Health names Rajeev Kher as Chairperson of the Board

by Team Small News | Jun 10, 2025 | Insurance, Star Health and Allied Insurance

Star Health and Allied Insurance Company Ltd, a leading standalone health insurance provider, has made a significant announcement regarding the appointment of a new Chairperson to its Board of Directors. At a Board meeting held on April 29, 2025, Rajeev Kher, an...
CEO Siddhartha Mohanty of LIC says stake acquisition in health insurance company to be decided by March 31.

Life Insurance Corporation (LIC) plans to acquire a stake in a health insurance firm by March 31, according to CEO Mohanty.

by Team Small News | Jun 9, 2025 | Care, Insurance, LIC, Niva Bupa, Star Health and Allied Insurance

The 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 its Managing Director and CEO, Siddhartha Mohanty. The company is in the final stages of...
Star Health has elevated its Chief Marketing Officer, Himanshu Walia, to the position of Whole-time Director.

Star Health has elevated its Chief Marketing Officer, Himanshu Walia, to the position of Whole-time Director.

by Team Small News | Jun 6, 2025 | ICICI Lombard, Insurance, Star Health and Allied Insurance, Tata AIA

Star Health and Allied Insurance Company, a leading insurance provider, has announced the elevation of two key executives to Whole-time Director positions. Himanshu Walia, the company’s Chief Marketing Officer, and Amitabh Jain, the Chief Operating Officer, have...
CEO Siddhartha Mohanty of LIC says stake acquisition in health insurance company to be decided by March 31.

LIC CEO Mohanty stated that the firm will finalize acquiring a significant stake in a health insurance company by March 31.

by Team Small News | May 31, 2025 | Care, Insurance, LIC, Niva Bupa, Star Health and Allied Insurance

The Life Insurance Corporation of India (LIC) is planning to reveal details of its latest acquisition by the end of the current fiscal year, according to MD and CEO Siddhartha Mohanty. The state-owned insurance company is in the final stages of acquiring a major stake...
CEO Siddhartha Mohanty of LIC says stake acquisition in health insurance company to be decided by March 31.

Star Health Advocates for Reduced Costs to Ensure Sustainability

by Team Small News | May 21, 2025 | Insurance, Star Health and Allied Insurance

Star Health and Allied Insurance, the largest standalone health insurer in the country, is advocating for a reduction in distribution costs, including commissions, to make health insurance more sustainable. According to CEO Anand Roy, the current cap on management...
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