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lic acquisition of manapilcigna could disrupt health insurance market dynamics

LIC's potential acquisition of a 50 percent stake in ManipalCigna Health Insurance could significantly disrupt the health insurance sector, offering new growth opportunities for the state-owned insurer. Following the news, LIC shares rose over 2 percent, while competitors like Star Health and Niva Bupa saw declines. Analysts warn that standalone insurers may need to diversify into life insurance to avoid losing revenue streams amid intensified competition from LIC's entry.
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