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Home World India

Health insurance next for LIC? Top boss says insurer mulling scope, may look at acquisitions

27 May 2024
in India
0
Health insurance next for LIC? Top boss says insurer mulling scope, may look at acquisitions
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LIC is considering entering health insurance with new composite insurance regulations. Chairman Mohanty mentioned exploring growth opportunities and acquisitions for expansion.

Parliamentary panel suggested composite licenses in February 2024 to reduce costs and improve accessibility in the insurance sector.

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Tags: acquisitionsbosshealthInsuranceinsurerLICmullingscopetop
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