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Monday, June 01, 2009 (12:30:33)
Tags : Business News, Religare, Swiss Re, health insurance

Religare joins hands with Swiss Re for health insurance

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Mumbai: Religare Enterprises Limited, India's leading financial services group, today said it has entered into a joint venture agreement with leading global re-insurer Swiss Re to start a health insurance company in the country.

Swiss Reinsurance company, better known as Swiss Re, will be a minority shareholder and will provide its actuarial, risk management and underwriting expertise to the new venture.

The proposed joint venture will be operational by 2010, the company said in a regulatory statement.(IANS)
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