Help

BI’s Article search uses Boolean search capabilities. If you are not familiar with these principles, here are some quick tips.

To search specifically for more than one word, put the search term in quotation marks. For example, “workers compensation”. This will limit your search to that combination of words.

To search for a combination of terms, use quotations and the & symbol. For example, “hurricane” & “loss”.

International

XL Catlin to set up general insurance JV in India

February 27, 2018 Reprints

Bermuda-based insurer and reinsurer XL Catlin plans to set up a joint venture with India-based automotive firm Mahindra & Mahindra Ltd. to enter the country's general insurance market, The Economic Times reported. Under the joint venture, Mahindra & Mahindra will own 51% and XL Catlin 49%, said Ramesh Iyer, managing director of Mahindra & Mahindra Financial Services Ltd. The joint venture will need an initial capital of 1 billion Indian rupees ($15.4 million).

Help

XL Catlin to set up general insurance JV in India

Readers Poll

Most Read in International

Sign up now for free access to this article and much more.

If you are already registered with Business Insurance, click here to Login

Please tell us a bit more about yourself in order to continue

About

Advertise

Reprints and Licensing

Resources