There are indications that Larsen & Toubro General Insurance Company Ltd. will form full fledged 100% HealthInsurance 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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