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IRDA gives license to Go Digit Life, 4th new insurer in a year

IRDA gives license to Go Digit Life, 4th new insurer in a year

by AIP Online Bureau | Jun 9, 2023 | Indian News, Life, Regulation

Prem Watsa, founder, chairman, and chief executive of Fairfax Financial Holdings IRDAI in its 122nd board meeting held on 2nd June, has granted Certificate of Registration to Go Digit Life Insurance Limited to carry life insurance business in India, said the IRDAI on...

Axis Bank to invest bRs 49.9-Rs 69.9 crore for a 9.94% stake in Go Digit Life Insurance

by AIP Online Bureau | Sep 27, 2022 | Banking & Bancassurance, Indian News, Life

Axis Bank’s stake purchase would value the startup’s upcoming life insurance business at $90 million. Axis currently offers some insurance products in partnership with Max Financial Mumbai: Indian private lender Axis Bank Ltd said on Tuesday it has signed...

Axis Bank eyes 10% stake in Go Digit life insurance business: Report

by AIP Online Bureau | Aug 30, 2022 | Banking & Bancassurance, Indian News, Life

Axis is planning to take a 10% stake for around $9 million in the start-up’s upcoming life insurance business, effectively valuing the business at $90 million, said the two sources, who declined to be named as the talks were private. Mumbai: Axis Bank, the...

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