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Qatar Insurance forms JV to enter Indian insurance sector

Posted On: Mar. 22, 2024 9:58 AM CST


Qatar Insurance Co. Q.S.P.C., India-based Cosmea Financial Holdings Pvt Ltd., and a few other investors have formed a joint venture to enter India’s general insurance sector, Asia insurance Review reported citing ET Now. Qatar Insurance is expected to have around 40% stake in the joint venture company, while Cosmea will hold less than 50%.