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Howden Gets Regulatory Nod to Raise Stake in Howden India to 100%

May 26, 2022


Howden, the international insurance broker, announced it has obtained approval from the Insurance Regulatory and Development Authority of India (IRDAI) to increase its shareholding in Howden India from 49% to 100%.

The move is subject to post completion approval from the Reserve Bank of India.

Howden India’s leadership team remains unchanged with Praveen Vashishta as chairman of Howden India, Anil Varma as director and head of Non-Liability Business, Mahesh Chainani as director and principal officer, Amit Agarwal as head of Liability & Specialty Business and Girish Mantri as chief financial officer.

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