December 10, 2016 12:27 AM ET

Insurance

Company Overview of Apollo Munich Health Insurance Company Limited

Company Overview

Apollo Munich Health Insurance Company Limited provides health, accident, and travel insurance solutions. It offers individual and family health plans, group health plans, corporate and individual personal accident cover, over the counter health insurance, daily hospital cash products, pre-packaged group policies for SMEs, and top-Up plan for individuals; and overseas travel and health covers for individuals, families, and groups. Apollo Munich Health Insurance Company Limited was formerly known as Apollo DKV Insurance Company Limited and changed its name to Apollo Munich Health Insurance Company Limited in December 2009. The company was founded in 2007 and is based in Gurgaon, India. Apollo...

Building No.10, Tower B

10th Floor

DLF Cyber City

Phase II

Gurgaon,  122 002

India

Founded in 2007

Phone:

91 12 4458 4333

Fax:

91 12 4458 4111

Key Executives for Apollo Munich Health Insurance Company Limited

Chief Executive officer
Age: 55
Chief Financial officer and Company Secretary
Chief Operating officer
Age: 67
Head of Munich Health/Global Markets 2
Age: 62
Chief People officer
Compensation as of Fiscal Year 2016.

Apollo Munich Health Insurance Company Limited Key Developments

Munich Health Mulls Increasing Stake In Apollo Munich Health Insurance

Munich Health Holding AG is considering increasing its stake in Apollo Munich Health Insurance Company Limited, from 26%. The promoters of Apollo Munich are in discussions on raising the foreign stake in Apollo Munich Health Insurance, a top official of Apollo Munich Health Insurance said. Apollo Munich Health Insurance is a joint venture between Apollo Hospitals Enterprise Ltd. (NSEI:APOLLOHOSP) and Munich Health.

Apollo Munich Health Insurance Company Limited Announces Earnings Results for the Second Quarter and Half Year Ended September 30, 2015

Apollo Munich Health Insurance Company Limited announced earnings results for the second quarter and half year ended September 30, 2015. For the quarter, the company reported total income of INR 2,093 million against INR 1,799 million a year ago. EBITDA was INR 78 million against INR 34 million a year ago. Profit after tax was INR 48 million against INR 16 million a year ago. For the six months, the company reported total income of INR 4,058 million against INR 3,557 million a year ago. EBITDA was INR 71 million against INR 40 million a year ago. Profit after tax was INR 20 million against INR 2 million a year ago.

Recent Private Companies Transactions

Type
Date
Target
Merger/Acquisition
January 25, 2016
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