Is Apollo Munich Health is a new company?

[rishi]

Is Apollo Munich Health Insurance is a new company? We already have Apollo DVK Health Insurance. Can one partner (Apollo is this case) can have multiple insurance company?

[Master]

Apollo Munich Health Insurance Co. Ltd. (Apollo Munich) is the new name for Apollo DKV Insurance Co. Ltd. Apollo Munich is a joint venture between Asia’s largest integrated healthcare provider, The Apollo Hospitals Group, and Germany based Munich Re’s newest business segment, Munich Health.
http://www.business-standard.com/india/news/apollo-munich-health-insurancenew-name-in-healthcare/381180/

[CONFUSED]

They have changed the name and new ad is coming on the TV. But there website address is still old one. ;)