Howden gains approval for 100% stake in Howden India
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Howden gains approval for 100% stake in Howden India

Luke Harrison
26 May 2022
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Expansive broker Howden has obtained regulatory approval from India’s insurance regulator to increase its stake in Howden India to 100% from 49%, signalling a move to bolster its position in one of the world’s fastest-growing insurance markets.

The broker said Howden India’s senior leadership team remains unchanged, after it secured approval from the Insurance Regulatory and Development Authority of India (IRDAI) to take full ownership, subject to a final sign-off from the Reserve Bank of India.

Howden...

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Luke Harrison
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