Prem Watsa’s Fairfax takeover of ITI Reinsurance blocked by regulator: Report

06-12-2018

The Insurance Regulatory Authority of India (IRDA) has rejected the proposal of Prem Watsa-owned Fairfax India Holdings to acquire India-based reinsurance firm ITI Reinsurance, according to a December 4 report by the Indian Express.


Fairfax, Prem Watsa, ITI Reinsurance, India, IRDAI, Asia Pacific

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