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Fairfax appoints Amitabh Kant as a senior advisor

by AIP Online Bureau | Jun 27, 2025 | Briefs, Life, Non-Life, Reinsurance

Canadian billionaire Prem Watsa’s company Fairfax Financial Holdings Limited on Friday said it has appointed former NITI Aayog CEO Amitabh Kant as a senior advisor. Go Digit, backed by Fairfax, has a general insurance company, a life insurance company and a...

Go Digit Q3 net profit surges nearly 3-fold to Rs 119 crore

by AIP Online Bureau | Jan 22, 2025 | Data, Indian News, Non-Life

The insurer’s combined Ratio for Q3 2025 is 108.1%, as compared to 110.3% in Q3 2024 New Delhi: General insurance firm Go digit on Wednesday reported a nearly three-fold rise in its net profit at Rs 119 crore in the three months ended December 2024. The...
Go Digit shares settle with over 12 pc premium in debut trade

Go Digit shares settle with over 12 pc premium in debut trade

by AIP Online Bureau | May 23, 2024 | Indian News, Non-Life, Wealth Management/ Philanthropy

The stock began the trade at Rs 281.10, up 3.34 per cent from the issue price on the BSE. During the day, it climbed 15.44 per cent to Rs 314. Shares of the company ended at Rs 305.75 apiece, up 12.40 per cent New Delhi: Shares of Go Digit General Insurance Ltd,...
Go Digit shares settle with over 12 pc premium in debut trade

Digit’s Rs 2,614.65 crore IPO oversubscribed 9.6 times, to list on BSE on NSE on 23rd May

by AIP Online Bureau | May 19, 2024 | Eco/Invest/Demography, Indian News, Non-Life, Wealth Management/ Philanthropy

As per the combined bid details put out by the BSE at the close of Day-3, Go Digit General Insurance Ltd was subscribed 9.60X overall, with best demand coming from the QIB Segment, followed by the HNI / NII segment and the Retail segment in that order. The QIB portion...
Go Digit shares settle with over 12 pc premium in debut trade

Go Digit to open its IPO on May 15,price band in range of Rs 258-272, to raise Rs 2,615 crore

by AIP Online Bureau | May 9, 2024 | Indian News, Non-Life, Wealth Management/ Philanthropy

The insurer will raise Rs 2,615 crore via its IPO which includes a fresh share sale of Rs 1,250 crore and an offer-for-sale (OFS) of up to 5.47 crore equity shares amounting to Rs 1,489.65 crore. by its promoters and existing shareholders of the company Valuation of...
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