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Apollo Munich to turnaround in 5-6 years

The turnaround time for health insurance companies is seven to nine years, but Apollo Munich will probably turnaround in five-six years

August 09, 2012 4:47 IST | India Infoline News Service
Apollo Hospitals Group expects its health insurance business Apollo Munich to turnaround in five to six years. The losses have come down, said Chairman Dr C. Prathap Reddy, at the company’s AGM (annual general meeting).

According to the company, “Usually, the turnaround time for health insurance companies is seven to nine years, but Apollo Munich will probably turnaround in five-six years.”

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