LIC's entry into health insurance market intensifies competition, may lead to consolidation, as industry players anticipate changes in premiums and market dynamics.
The week gone by was highly volatile, with Nifty gaining 2.2% or 490 points in four sessions and hitting a lifetime high of 23,000. The week was also in the news for block deals involving over three dozen companies from large, mid and smallcap segments worth Rs 13,059 crore on screen.
PRNewswire Mumbai Maharashtra [India] May 23 Star Health and Allied Insurance Company Ltd Star Health Insurance India largest retail health insurance company has been awarded Best AML Program Management of the Year at the prestigious India Fraud Risk Summit Awards 2024 in Mumbai organized by Synnex The India Fraud Risk Summit Awards recognizes organizations who have demonstrated excellence in fraud risk management This accolade highlights Star Health unwavering commitment to combat financial crime and ensuring robust anti-money laundering AML practices With a focus on innovation customer-centricity and transparency Star Health Insurance strives to set industry benchmarks and drive positive change in the health insurance ecosystem Star Health believes that all employees and associated entities must be trained in the basics of risk management and be able to institute mitigating controls across employee levels The same has been achieved through a sustained knowledge-sharing program encour
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