ITI Reinsurance may kick off ops in October this year

Wed, 07/20/2016 - 13:50
by Yash Jain of CNBC

CNBC-TV18 learns from sources that Sudhir Valia’s ITI Reinsurance, a subsidiary of Fortune Financial Services, will be starting operations in October 2016. ITI Reinsurance may get approval from Insurance Regulatory and Development Authority by September. It will start with Rs 500 crore initial cap.

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