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FAIRFAX ON DIGIT INSURANCE
Piyush Goyal meets Canadian pension funds, investors in push for $50 bn tradeIndia's Commerce Minister Piyush Goyal is in Canada to forge new partnerships. He met with top Canadian pension funds and investors. Discus...- Piyush Goyal maps out India's bilateral roadmap with Canadian corporate chiefsUnion Minister Piyush Goyal met with prominent Canadian industry leaders in Toronto to explore investment avenues and expand bilateral econ...
- At Fairfax, Ben Watsa to be Chair after fatherFairfax Financial Holdings chairman Prem Watsa has revealed his succession plan, with son Ben Watsa slated to take over the $100 billion co...
- Digit Life Insurance FY25 revenue crosses Rs 1,300 crore in first full year of operationsDigit Life Insurance witnessed substantial growth in FY 2024-25. Its revenue surpassed Rs 1,315.9 crore. The company settled claims worth R...
- 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 net profit surges 73% in Q1 FY25Bengaluru-based general insurance company Go Digit clocked a 73% growth in net profit to Rs 101 crore for the quarter ending June 30, compa...
- 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,...
- Fairfax refutes charges that Digit was falsely shown to be profitable in 2021Toronto-listed Fairfax’s shares have recouped all losses after a short seller report on 8 February alleged asset value manipulation by the ...
- US Short-seller alleges accounting fraud by FairfaxFairfax Financial Holdings, led by Indian-Canadian entrepreneur Prem Watsa, came under attack by US hedge fund Muddy Waters, triggering a s...
- Go Digit Life to invest up to ₹600 cr as it starts outPromoted by Prem Watsa's Fairfax and industry veteran Kamesh Goyal, the company aims to launch its first product within 30 days.
- Go Digit Life Insurance gets Irdai nod to carry life insurance business in India"Insurance Regulatory and Development Authority of India (Irdai) in its 122nd meeting held on June 02, 2023, has granted a Certificate of R...
- Digit Insurance targets $5 billion in IPO valuation: ReportDigit was valued at close to $4 billion earlier this month when it raised a tranche of funding. It has so far raised more than $400 million...
- Digit Insurance aims at auto issue of policiesDigit Insurance is already settling 73% of its motor insurance claims through automation with software reading the invoice, driver’s licenc...
- Fairfax-backed Digit Insurance gets IRDAI nod to raise $84 mnFairfax Group-backed general insurance start-up Digit Insurance on Tuesday said it has received approval from the Insurance Regulatory and ...
- Watsa-backed Digit raises $84m from domestic PEsThis is the first external round of funding for the three-year-old company which was launched by insurance industry veteran Goyal in 2017, ...
- Fairfax planning to invest Rs 200 crore more in digit insuranceDigit has expanded its distribution through direct channel partners
- Digit insurance raises second round of fundingThe company which claims to settle claims within 10 to 20 minutes over a phone call, is targeting to reduce the time taken to 7 minutes.
- How billionaire Prem Watsa is steering insurance into digital worldFairfax reduced its stake in ICICI Lombard in May this year. A month later, it backed Digit, a business that is being built by Allianz Insu...
- ICICI Lombard IPO to hit D-Street on September 15The Company is a joint venture between ICICI Bank Limited and Fairfax Financial Holdings Limited.
- Fairfax to back general insurance startup DigitThe new Bengaluru-headquartered company's team is a blend of insurance and ecommerce executives.
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