Mumbai, Aug. 7 -- Life Insurance Corporation of India's (LIC) foray into health insurance is delayed due to likely regulatory and policy changes in the broader sector and due to the weak growth environment in the segment, its newly-appointed managing director R. Doraiswamy said on Thursday.

As such, the country's largest insurer remains interested in the health insurance segment and has kept "all options" open, including waiting for the rollout of the composite licence provisions, Doraiswamy said. The public sector behemoth may mull picking up a strategic stake in a health insurer till the time composite licences are given, he added.

"We are making further examination of the various options available to us. We are also awaiting the chan...