Fairfax exits 18-year investment in ICICI Lombard, clocking modest returns overall

By Ankit Doshi

  • 17 Oct 2019
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Credit: VCCircle

Canadian investor Fairfax Financial Holdings Ltd has sold its remaining stake in India’s largest private non-life insurer ICICI Lombard General Insurance Company Ltd, clocking modest returns overall and bringing down the curtains on its 18-year investment. FAL Corporation, the local investment vehicle of Fairfax controlled by India-born billionaire Prem Watsa, has ......

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