 "Irdai questions TTK group’s stake sale to Manipal Group")
The Insurance Regulatory and Development Authority of India (Irdai) has questioned the TTK group on its early exit from the joint venture agreement with Cigna in Cigna TTK health insurance as it plans to sell its 51 per cent stake in the company to Manipal group.
The queries raised by Irdai are part of the regular due diligence process followed and Cigna TTK is complying with the same. Given that we are an insurance player, the regulator reaches out to us at regular intervals on different queries that they may have related to the business, said Sandeep Patel, CEO&
The queries raised by Irdai are part of the regular due diligence process followed and Cigna TTK is complying with the same. Given that we are an insurance player, the regulator reaches out to us at regular intervals on different queries that they may have related to the business, said Sandeep Patel, CEO&
