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TPA Consolidation: Medi Assist to acquire Fairfax-backed Paramount Health Services & Insurance TPA for Rs 311 cr

TPA Consolidation: Medi Assist to acquire Fairfax-backed Paramount Health Services & Insurance TPA for Rs 311 cr

by AIP Online Bureau | Aug 26, 2024 | Health, Indian News, Intermediaries, Life, Non-Life

Paramount TPA is owned by Nayan Shah family and Fairfax Asia, which had picked up 51 % in the company in 2020 With the acquisition of Paramount TPA, Medi Assist TPA market share will grow to 36.6% for the group segment and 23.6% of the health insurance industry, by...

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