LIC refutes claims that it wants to acquire private health insurer 

LIC refutes claims that it wants to acquire private health insurer 

State-owned insurance giant Life Insurance Corporation (LIC) on Friday said it is not looking to enter the health insurance market by acquiring an entity. The company said that no formal proposal has been initiated in this regard. It further said that it would evaluate and explore various strategic opportunities in the ordinary course. “In this … Read more

Hacker publishes Australian health insurer’s customer data – ET HealthWorld

Hacker publishes Australian health insurer’s customer data – ET HealthWorld

Canberra: Medibank client data was published by an extortionist Wednesday, including details of individuals’ medical procedures, after Australia’s largest health insurer refused to pay a ransom for the personal records of almost 10 million current and former customers. The release of information on the dark web appeared to be a sample of the data that … Read more