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LIC puts health insurance foray on hold
LIC has deferred its health insurance entry, while ICICI Prudential Mutual Fund reopened select international schemes with investment caps.
Life Insurance Corporation has put its proposed entry into the health insurance segment on hold, citing strategic and operational considerations. The move delays LIC’s diversification plans amid a competitive insurance landscape. Investors tracked the development for clarity on growth direction. Separately, ICICI Prudential Mutual Fund has resumed subscriptions in three international schemes, capping investments at ₹2 lakh per PAN to manage inflows under regulatory limits.