LIC remains open to health insurance acquisitions but cautious amid rising medical inflation
moneycontrol · 09 Nov 2026 · 4 min
Management interview of Life Insurance Corporation of India (LICI).
- R Doraiswamy, MD & CEO, Life Insurance Corporation of India
LIC continues to evaluate inorganic opportunities in standalone health insurance companies to prepare for potential composite licensing, though no immediate transaction is planned. The company remains cautious due to high medical inflation, lack of healthcare provider regulation, and brand risks from poor claims control. LIC clarified that it cannot sell indemnity-based health insurance products. Instead, it has re-entered the health space through assured-benefit products, launching the Health Shield plan and a modified cancer cover plan.