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LIC to Buy Stake in a Health Insurer Before March 31: CEO

Hindustan Times Rajasthan

|

March 19, 2025

Life insurance behemoth LIC is confident of buying a stake in a health insurer in the next two weeks, its chief executive Siddhartha Mohanty said on Tuesday.

- Press Trust of India

MUMBAI:

Without identifying the company it will be buying a stake in, Mohanty said the state-owned company is in the final stage of talks and hoped that a deal gets announced before March 31.

"It is a natural choice for LIC to be in health insurance, discussion is going on at the final stage," he told reporters on the sidelines of the GCA25 event here.

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