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LIC looks to acquire health insurance companies
LIC announced its intention to enter the health insurance market through an acquisition within the current financial year, as stated by MD & CEO Siddhartha Mohanty. The company reported a 9.6% increase in net profit for the June quarter, with a rise in market share and premium income. Agents are expected to switch to selling LIC health insurance products.
LIC announced its intention to enter the health insurance market through an acquisition within the current financial year, as stated by MD & CEO Siddhartha Mohanty. The company reported a 9.6% increase in net profit for the June quarter, with a rise in market share and premium income. Agents are expected to switch to selling LIC health insurance products. 
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