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Marsh to increase its stake in Marsh India

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Magazine Issue: 
Tomorrow’s reinsurance [3]
Magazine date: 
Dec 2021

MarshThe broker Marsh has increased its stake in its joint venture Marsh India Insurance Brokers from 49% to 92%.

Approved by the regulatory authority IRDAI, the transaction involves the purchase of shares from local partners and Rampart Trust.

Formed in 2003 as a joint venture between Marsh and India's Rampart Trust, Marsh India is one of the first foreign companies to be registered as a composite broker with the IRDAI.

Read also | Guy Carpenter and Marsh merge their South African operations [4]

Fri, 31/12/2021 - 10:36

Source URL: https://www.atlas-mag.net/en/article/marsh-to-increase-its-stake-in-marsh-india

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[3] https://www.atlas-mag.net/en/issue/atlas-magazine-n-186-december-2021
[4] https://www.atlas-mag.net/en/article/guy-carpenter-and-marsh-merge-their-south-african-operations