Health Insurance
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Franchise India Bureau Jul 03 2018 - 2 min readMagma HDI General Insurance Company is looking to launch group health and overseas travel insurance this fiscal to boost its retail portfolio. Currently, retail accounts for around 5 per cent of its total business. According to Rajive Kumaraswami, MD and CEO, Magma HDI, the aim is to increase the share of ...
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Shahram Warsi Jun 29 2018 - 3 min readCorporate wellness programs offer a variety of benefits, adding value for both companies and their employees. The program helps the employees to gain access to a range of products, services, and incentives which contribute to their health and well-being, reducing cost and boosting morale. But investing in CWP comes with inherent risks as well. Legal ...
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Franchise India Bureau Jun 04 2018 - 3 min readPrivate equity firm, WestBridge Capital led investor's group which includes ace stock market investor Rakesh Jhunjhunwala, has emerged as the frontrunner to acquire India’s largest independent health insurance company Star Health and Allied Insurance valued at just under $1 billion, people directly aware of the matter said. The WestBridge consortium’s all-cash ...
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Franchise India Bureau May 02 2018 - 1 min readHealth insurer Aetna Inc, which has confirmed its purchase by CVS Health Inc, reported a better-than-expected first-quarter profit, largely due to lower medical costs. U.S. drugstore operator CVS agreed in December to acquire Aetna for $69 billion seeking to tackle soaring healthcare spending through lower-cost medical services in pharmacies.
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Franchise India Bureau Apr 10 2018 - 1 min readIn a bid to help unit Max Life Insurance Company Ltd pursue an acquisition opportunity, Max Financial Services Ltd has approved a plan to raise funds from KKR Capital Markets India Pvt. Ltd, TPG Global LLC, and Standard Chartered Bank. Without specifying the deal amount the company said, the amount will ...