Understand HDFC Ergo
is near to close its deal with Apollo Munich. We are aware of that Ergo and
Munich Re are brands of the same German group.
The questions before
us are - After the deal is through
- Will Apollo Munich remain a separate company?
- Will it be merged with HDFC Ergo?
You should not be surprised if Health portfolio
of HDFC Ergo is merged with Apollo Munich Insurance which is 100% health Insurance Company and has built up expertise in the Health portfolio over many years.
We are sure the name of
Apollo will be dropped out of the brand and HDFC Munich Health Insurance comes
before us as a new Brand. Let us wait and
watch.
ttk is moving out of
Cigna ttk as the equity is being sold to Manipal Hospital Group.
At the same time we are hearing
about merger of Oriental, National and United. If the merger takes place, then this will
also be a major change. We foresee Health portfolio of 4 PSU's getting under one banner. One thing is sure that Health Insurance Portfolio is going to increase and increase.
No comments:
Post a Comment