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    • Insurance Reliance Capital may spin off health insurance business

    Reliance Capital may spin off health insurance business

    Source: Economic Times Jun 2, 2015

    Reliance Capital may spin off its health insurance unit into a separate company and amalgamate it with Cigna TTK, a move aimed at boosting the performance of its general insurance business. Cigna TTK Health Insurance, a joint venture between the United States-based global health services leader Cigna Corporation and Indian conglomerate TTK Group, had launched its operations in February 2014. 

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