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International

Liberty Videocon starts general insurance operations in India

February 26, 2013 Reprints

India-based Liberty Videocon General Insurance Co. Ltd. has opened for business and is targeting premium sales for its general insurance business of 1.2 billion Indian rupees ($22.10 million) by December 2013, mydigitalfc reported.

Liberty Videocon is the 27 nonlife insurer in the market and is planning a portfolio with equal mix of retail and commercial products. Liberty Videocon is a joint venture between Indian industrial conglomerate Videocon Industries Ltd. (74% stake) and U.S. based Liberty Holdings Ltd. (26% stake).

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Liberty Videocon starts general insurance operations in India

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