The insurance scheme is expected to benefit private hospitals such as those run by Manipal and Fortis, analysts say. Days after Fortis said it planned to accept the Hero-Burman offer, Manipal Hospitals and private equity firm TPG Capital Management.
Fortis is also active in the motor and travel insurance markets in the UK, operations the smaller post-rescue Fortis may have to rethink. The lifeline was to avert insolvency as part of a wider bailout plan brokered by European Central Bank chief Jean.
"We now distribute both life and health insurance. If the insurance distribution business is complementary with Fortis, we will work together but it will be in a transparent and arm’s length manner,” he said. Munjal said India had a crying need to.
Grant Thornton will analyse transactions involving investments and advances by a Fortis subsidiary to entities allegedly belonging to the promoter group. Grant Thornton will investigate allegations of fund diversion from Fortis Healthcare by former.
Portland, Maine – 26 th February 2003. FINEOS Corporation, a leading innovator of insurance and banking software, has just announced that Fortis Benefits Insurance Company has gone live with its multi-channel intake and claims management system.
Though you should be careful to ensure that the quality of the service you receive at these workshops is up to your standards, this can be a great way to help minimise the amount you pay on car insurance. However, there are circumstances in which you may.
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A Fortis hospital building is seen in Gurgaon. private healthcare market that is expected to get a boost from a government plan to expand an insurance programme to half of India’s 1.3bn people. If approved, Hero-Burman will be Fortis’ largest.
It’s likely a D-day for Fortis Healthcare as its board meets to take final call on the binding proposals submitted amid a fierce bidding war. ET Now learns from sources that the foreign minority shareholders are in favour of Malaysian healthcare group IHH.