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Manipal Cigna seeks 30% growth in health insurance: CEO Prasun Sikdar

High claims for Covid-19 a challenge for the industry, says the senior executive

Prasun Sikdar, CEO, Manipal Cigna
premium

Prasun Sikdar, CEO, Manipal Cigna

Subrata Panda
Health insurance appears slowing due to the base effect and waning demand. Prasun Sikdar, managing director and chief executive officer of Manipal Cigna Health Insurance, spoke to Subrata Panda about health insurance and the company’s plans.

Here are edited excerpts from the interview:

How has the company done in terms of business in Q1?

In the April-June quarter, growth for Manipal Cigna Health Insurance stands at 36 per cent while the overall health insurance industry’s gross written premium has grown by 21 per cent, and the standalone health insurers (SAHI) in the country reported a 29 per cent. growth.

The