{"id":64747,"date":"2025-03-14T09:27:43","date_gmt":"2025-03-14T03:57:43","guid":{"rendered":"https:\/\/vanillanews.com\/index.php\/2025\/03\/14\/value-attics-reinsurance-becomes-indias-first-private-reinsurer-with-irdai-license-backed-by-fairfax-group-to-start-operations\/"},"modified":"2025-03-14T09:27:43","modified_gmt":"2025-03-14T03:57:43","slug":"value-attics-reinsurance-becomes-indias-first-private-reinsurer-with-irdai-license-backed-by-fairfax-group-to-start-operations","status":"publish","type":"post","link":"https:\/\/vanillanews.com\/index.php\/2025\/03\/14\/value-attics-reinsurance-becomes-indias-first-private-reinsurer-with-irdai-license-backed-by-fairfax-group-to-start-operations\/","title":{"rendered":"Value Attics Reinsurance becomes India&#8217;s first private reinsurer with Irdai license, backed by Fairfax group, to start operations."},"content":{"rendered":"<p>Value Attics Reinsurance, backed by Fairfax group\u2019s Prem Watsa and Kamlesh Goyal, has made history by becoming the first private-sector reinsurer in India to receive a licence from the Insurance Regulatory and Development Authority of India (Irdai). With a paid-up capital of Rs 200 crore, the company is poised to tap into international reinsurance expertise as it gears up to commence operations in the near future. This milestone marks a significant development in the Indian insurance sector, opening up new avenues for private players to enhance the reinsurance landscape in the country. Value Attics Reinsurance&#8217;s entry into the market is expected to bring greater competition and innovation, ultimately benefiting consumers and the industry as a whole. With a strong backing from industry veterans and a clear vision for growth, the company is well-positioned to make a lasting impact on the reinsurance market in India.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Value Attics Reinsurance, backed by Fairfax group\u2019s Prem Watsa and Kamlesh Goyal, has made history by becoming the first private-sector reinsurer in India to receive a licence from the Insurance Regulatory and Development Authority of India (Irdai). With a paid-up capital of Rs 200 crore, the company is poised to tap into international reinsurance expertise [&hellip;]<\/p>\n","protected":false},"author":0,"featured_media":64748,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"om_disable_all_campaigns":false,"_monsterinsights_skip_tracking":false,"footnotes":""},"categories":[25],"tags":[],"aioseo_notices":[],"featured_image_urls":{"full":["https:\/\/vanillanews.com\/wp-content\/uploads\/2025\/03\/msid-118992468imgsize-799120-3.jpg",1280,720,false],"thumbnail":["https:\/\/vanillanews.com\/wp-content\/uploads\/2025\/03\/msid-118992468imgsize-799120-3-150x150.jpg",150,150,true],"medium":["https:\/\/vanillanews.com\/wp-content\/uploads\/2025\/03\/msid-118992468imgsize-799120-3-300x169.jpg",300,169,true],"medium_large":["https:\/\/vanillanews.com\/wp-content\/uploads\/2025\/03\/msid-118992468imgsize-799120-3-768x432.jpg",640,360,true],"large":["https:\/\/vanillanews.com\/wp-content\/uploads\/2025\/03\/msid-118992468imgsize-799120-3-1024x576.jpg",640,360,true],"1536x1536":["https:\/\/vanillanews.com\/wp-content\/uploads\/2025\/03\/msid-118992468imgsize-799120-3.jpg",1280,720,false],"2048x2048":["https:\/\/vanillanews.com\/wp-content\/uploads\/2025\/03\/msid-118992468imgsize-799120-3.jpg",1280,720,false]},"author_info":{"display_name":"","author_link":"https:\/\/vanillanews.com\/index.php\/author\/"},"category_info":"<a href=\"https:\/\/vanillanews.com\/index.php\/category\/just-in\/\" rel=\"category tag\">JUST IN<\/a>","tag_info":"JUST IN","comment_count":"0","_links":{"self":[{"href":"https:\/\/vanillanews.com\/index.php\/wp-json\/wp\/v2\/posts\/64747"}],"collection":[{"href":"https:\/\/vanillanews.com\/index.php\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/vanillanews.com\/index.php\/wp-json\/wp\/v2\/types\/post"}],"replies":[{"embeddable":true,"href":"https:\/\/vanillanews.com\/index.php\/wp-json\/wp\/v2\/comments?post=64747"}],"version-history":[{"count":0,"href":"https:\/\/vanillanews.com\/index.php\/wp-json\/wp\/v2\/posts\/64747\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/vanillanews.com\/index.php\/wp-json\/wp\/v2\/media\/64748"}],"wp:attachment":[{"href":"https:\/\/vanillanews.com\/index.php\/wp-json\/wp\/v2\/media?parent=64747"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/vanillanews.com\/index.php\/wp-json\/wp\/v2\/categories?post=64747"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/vanillanews.com\/index.php\/wp-json\/wp\/v2\/tags?post=64747"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}