The joint venture between Cigna and Indian
conglomerate TTK Group will be called Cigna TTK and will sell health insurance
in India by 2013. Cigna is the first U.S.based health insurer to apply for
entry into the India market.
The joint venture will offer individual
private medical insurance, supplemental health and accident insurance and
health benefits for expatriates.
With 1.2 billion people - one-sixth of the
world's total population - India is seeing an increase in chronic health
conditions and diseases such as diabetes and hypertension, mirroring worldwide
International health insurance news: 23 January 2012