What will be the effect of "Exit of Max and entry of True North" in Bupa Insurance?
I have decided to buy health policy from Max Bupa but read following News- "Max Bupa Health Insurance will be rebranded as Niva Bupa Health Insurance owing to a change in shareholding pattern. With the exit of Max India and the entry of private equity firm True North, Max Bupa needed to create a new brand identity. All changes around the brand transition will likely reflect by year-end."
Now, I want to know is there going to be any trouble to Bupa policy holders due to all this change in the company and will the performance of company be affected? Is it also possible that in near future, Bupa gets purchased by some other insurance company (like HDFC Ergo bought Apollo Munich)? Shall this change be a factor in my decision to buy Max Bupa? Pl. clarify