Religare joins hands with Swiss Re for health insurance

June 1st, 2009 - 1:51 pm ICT by IANS  

Mumbai, June 1 (IANS) Religare Enterprises Ltd, India’s leading financial services group, Monday 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.

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