News From Press LIC conducting due diligence on three health insurers, announcement unlikely by March 31

LIC conducting due diligence on three health insurers, announcement unlikely by March 31

Source: CNBCTV18 Mar 29, 2025

Life Insurance Corporation of India (LIC), the country’s largest life insurer, is exploring the acquisition of a significant stake in a health insurance company. Earlier this month, LIC CEO Siddhartha Mohanty stated that the insurer was in advanced discussions and could make an announcement before March 31.

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