CURRENT AFFAIRS

Detailed explanation-1: -Bank of Maharashtra signed a deal with Cigna TTK Health Insurance Co. to offer the insurer’s health insurance products at the bank’s branches across India, The Economic Times reported Feb.

Detailed explanation-2: -Cigna TTK Health Insurance, a joint venture of the US-based Cigna Corporation and TTK Group, is planning to expand its insurance partnership with Andhra Bank.

Detailed explanation-3: -With a deep focus on health and wellness, at ManipalCigna Health Insurance we offer a full suite of insurance solutions ranging from health, personal accident, major illness, travel and global care to individual customers, employer-employee, and non-employer-employee groups to meet their diverse health needs.

Detailed explanation-4: -Union Bank of India having the most diversified network of over 4200 branches has entered into Corporate Agency tie up with Bajaj Allianz General Insurance Co Ltd to offer its customers; quality general insurance products at competitive rates.

Detailed explanation-5: -New identity With TTK Group proposed to exit the joint venture, the name of the JV has been changed to ManipalCigna, the statement said. Along with the name change, the company has adopted a new corporate identity, including a new logo and website.