After Birla, another company has filed an application to float a health insurance company. Rajesh Relan, former MD of PNBBSE -1.16 % MetLife, has filed an application with the regulator to start a health insurance company along with private equity firm Arth Capital. The company, to be called Aspire Health Insurance, will sell products through multi-channel distribution with focus on online.
The company will have an initial capital of Rs 100 crore. The promoters will put in a total o ..