Irdai forms panel for reinsurance framework review
Insurance regulator Irdai has set up a 17-member committee to conduct a comprehensive review of the existing reinsurance framework.
May 08, 2017, 18:06 PM ISTCCI okays Fairfax's additional 9% stake buy in ICICI Lombard
The Competition Commission has cleared Prem Watsa run Fairfax Financial Holdings' proposed acquisition of additional nine percent stake in ICICI Lombard General Insurance Company for an estimated Rs 1,550 crore.Following the transaction, Fairfax will hold 35 percent in ICICI Lombard, while ICICI Bank will have about 64 percent stake.
Dec 29, 2015, 13:34 PM IST