Go Digit Founder-Backed Valueattics Gets Reinsurer Licence

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SUMMARY

In its order, the insurance regulator noted the approval marks a “significant step” in fostering competition in the Indian reinsurance space

Meanwhile, the reinsurance company said that it will launch operations with an initial paid-up capital of INR 210 Cr

With this, Valueattics Reinsurance will become the first private sector reinsurer to receive certificate of registration from IRDAI

The Insurance Regulatory and Development Authority of India (IRDAI) has granted regulatory approval to Go Digit founder and…



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