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OBEN GENERAL INSURANCE
Irdai keeps FY27 cession rate at 4%, backs GIC Re roleIrdai has maintained the mandatory 4% cession rate for FY27, directing general insurers to place this share with GIC Re. This decision aims...- Jio-Allianz, Fairfax-backed Valueattics Re set to shake up India’s Rs 50,000-cr reinsurance marketIndia's ₹50,000-crore reinsurance sector is set for disruption with the entry of two new domestic players—Jio-Allianz, a joint venture betw...
- GoDigit promoters get Irdai nod for first pvt reinsurerValueattics Reinsurance Ltd, backed by Kamesh Goyal and Fairfax, becomes the first private reinsurer to gain regulatory approval in India. ...
- Go Digit sees moderate listing, but analysts project optimism. What investors should doAnalysts said Go Digit's position as the fastest-growing private non-life insurer by GWP in India positions it for continued success in the...
- Go Digit on the fast track to growth is a long-term investor's bet, for nowGo Digit has grown business faster over the past six years. It has the lowest loss ratios among peers, which reflects high underwriting qua...
- Go Digit IPO: Price band for Virat Kohli-backed Rs 2,615 crore IPO announcedGo Digit IPO: Bengaluru-based insurtech start-up Go Digit General Insurance on Friday announced that its Rs 2,615 crore IPO, which will ope...
- Go Digit IPO to open on May 15; Virat Kohli, Anushka Sharma not selling sharesGo Digit General Insurance's IPO, opening on May 15 and closing on May 17, includes a fresh share issue of Rs 1,125 crore and an OFS of 54,...
- Digit Insurance files for Rs 5,000 crore IPO; Tiger slashes portfolio to the boneDigit's IPO plans come at a time when tech stocks have dipped owing to worsening macroeconomic conditions.
- Now, individuals want to start cover CosIRDA has received applications seeking to operate general insurance companies.
- Fairfax needs to sell 25% stake in ICICI Lombard to get a new permitRegulator asks Canadian company to comply with rules before it takes up Oben General's case for second-stage approvals.
- Fairfax will need to sell 25% in ICICI Lombard for second licenceFairfax has applied for a second licence to form a fresh joint venture in general insurance with Kamesh Goyal, a former executive at German...
- IndusInd Bank plans to launch general insurance armMany private and public sector banks are looking to open up their own distribution networks to sell products of multiple insurance companie...
- IRDAI clears different licences to new playersIrdai in its board meeting held on March 3 has cleared different level of regulatory clearances to the new companies intending to enter cou...
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