LIC, Cigna and Manipal

LIC Eyes Rs 2,000 Crore Stake In ManipalCigna To Enter Health Insurance Market: Report
LIC is in talks to acquire a 50% stake in ManipalCigna Health Insurance, valued at Rs 4,000 crore, signaling its entry into the health insurance sector. The deal would diversify LIC's portfolio and leverage rising demand for medical coverage.
LIC shares surge over 2% on discussions to acquire 50% stake in ManipalCigna Health
State-owned LIC's shares rose 2.4% on news of a potential 50% stake acquisition in ManipalCigna Health Insurance. This move would mark LIC's entry into the health insurance sector, diversifying its portfolio.
LIC in talks to acquire 50% stake in ManipalCigna Health Insurance
The discussions, in their early stages, aim to help LIC diversify beyond life insurance and tap into the growing health insurance demand
LIC clarifies on ManipalCigna stake acquisition buzz; here’s what the insurer said
LIC clarified that it is exploring various strategic opportunities, including in health insurance, but currently no material information requires disclosure regarding a potential 50% stake acquisition in ManipalCigna Health Insurance.
Healthy ambitions: LIC eyeing ManipalCigna
LIC plans to buy half of ManipalCigna Health Insurance. The deal could be worth ₹4,000 crore. This move will let LIC enter the health insurance market. ManipalCigna is a joint venture between Manipal Group and Cigna Corporation.
LIC shares in focus on likely health insurance foray
LIC shares are in focus in Thursday's trade as the largest public insurer is set to enter the health insurance space. The company as per reports is in discussion to acquire as much as 50 per cent stake in Manipal Cigna Health Insurance.
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'No material event at this stage': LIC clarifies on ManipalCigna acquisition rumours
LIC clarified that it is exploring various strategic opportunities, including in health insurance, but there is no material ...
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LIC targets 50% in ManipalCigna to enter health insurance space: Report
ManipalCigna is a joint venture between the Bengaluru-based Manipal Education & Medical Group, which holds 51 percent in it, and the US-based Cigna Corporation, which owns the remaining 49 ...
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Explained: Why LIC share price gained nearly 4% in early trade
LIC share price gained nearly 4% in early trade despite a sharp drop in the benchmark stock market indices. Shares of Life ...