There are indications that Larsen
& Toubro General Insurance Company Ltd. will form full fledged 100% Health
Insurance Company to focus on Health Insurance. It is a good idea as worldwide Health
Insurance is treated a specialized area and 100% Health Insurance focused
insurance companies are in operation.
We understand from news report
that L&T Health Insurance Company will be a joint venture with Swiss Re and
26% equity partner.
In case every thing goes well L&T
Health Insurance will be 5th stand alone health insurance company
after Star/ Apollo/ Max Bupa & Religare.
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