Willis Towers Watson (WTW) has been authorized by the Indian regulatory authority IRDAI to acquire 49% of the capital of WTW India.
The British broker's stake in the capital of its Indian subsidiary has thus increased from 49% to 100%.
Vivek Nath has been appointed General Manager of WTW India. The appointment took effect on 11 April 2022.
Read also | Growth prospects for the Indian insurance market [4]
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