Max Bupa

“Since the last three years we have been growing at 26-28 per cent, which is higher than the industry growth of 19 per cent. This year we are aiming to close at Rs 750 crore, driven by innovative products like the recently launched GoActive,” Max Bupa Managing Director and CEO Ashish Mehrotra told PTI here.

Health insurance with Rs 1 crore cover becomes new normal

Health insurance policies with a cover of Rs 1 crore is becoming the new norm in the industry. With health inflation on the rise and average out-of-pocket medical expenses on the rise, insurers are increasing their cover sizes.

Max Bupa launches new version of Health Assurance

The plan introduces comprehensive coverage in situations like critical illness, accidental death or permanent total or partial disability and offers daily hospital cash benefit, the insurer said in a release.

Expect Max Bupa to break even in 2018: Max India MD

Max India's hospitality business has grown by 30 percent in the last six years, he says. The company plans to expand its bed capacity to 5,000 from the current 2,500. Land has been acquired for these expansion plans.

Bupa completes acquisition of additional 23% stake in Max JV

Global healthcare group Bupa has completed the transaction to pick up another 23 percent stake in its Indian joint venture Max Bupa for Rs 206.54 crore

AIA group gets CCI nod to buy 23% more in Tata AIA Life

AIA, which holds 26 percent stake in Tata AIA Life Insurance Company, will raise it to 49 percent with the acquisition. However, while announcing the deal in December last year, the company did not disclose the financial details.

ERGO hikes stake in HDFC ERGO; buys 22.9% for Rs 1,122 cr

Under the agreement, ERGO will buy 12,33,57,262 shares of HDFC ERGO at a price of Rs 90.97 per share aggregating to Rs 1,122 crore, said a statement in the filing.

Bupa to acquire addtnl 23% stake in Max Bupa for Rs 191 cr

The UK health care group was the first foreign insurer to announce its intent to increase its stake to 49 per cent in its Indian health insurance subsidiary after the government relaxed FDI participation rules for insurance companies.

See lot of foreign flows in next 5-6 months: Analjit Singh

Max India founder & chairman Analjit Singh said paperwork is in process and Bupa will be stepping up in Max Bupa from 26 to 49 percent.

Budget will set pace for fast economic growth: Max Bupa

We are delighted that the budget has fulfilled the wish list of the health insurance sector and delivered on our long standing demand, of increasing the tax deduction limit under section 80D.

No need for Max India to gradually add cap in Max Bupa:Jain

In an interview to CNBC-TV18, Nidhesh Jain, analyst at Espirito Santo shares his perspective on Bupa raising its stake in Max Bupa and how it affects the companies involved hereon.

UK's Bupa to increase stake in Max Bupa to 49% from 26%

Private health insurer Max Bupa is a joint venture between Max India, which owns 74 percent of Max Bupa, and Bupa, the UK-headquartered global healthcare group, which has 26 percent stake.

Apollo Munich: Healthy profits from unhealthy people

Apollo Munich has managed to break into the black by shifting focus from group insurance to retail, and from health care financing to health management

What you should know when buying insurance for your parents

Mediclaim for senior citizens is certainly not as easily available nor is it as comprehensive (as a policy) as mediclaim for someone who has not yet crossed the age of 60, but it is still available.

Max India expects Rs 516cr from Max Healthcare stake sale

Deputy managing director Mohit Talwar of Max India said that profits for the life insurance business have increased 8 times and AUMs has increased 20% for the same business. Talwar expects Rs 516 crore from the Max Healthcare stake sale. He also stated that the liquidity position of Max group is very healthy.