Tag Archives: Lombard

Fairfax to sell 12% in ICICI Lombard for Rs 2,500 crore

Fairfax Financial Holdings, the joint ventures partner of ICICI Bank in ICICI Lombard General Insurance, is selling 12.2% in the Indian non-life insurance major to three entities for nearly Rs 2,500 crore.The three funds which are buying into the company are Red Bloom Investment, an arm of global private equity major Warburg Pincus, Tamarind Capital, a company owned… Read More »