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| Media, Blog & Press Coverage - www.healthinsuranceindia.org |
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| L&T FIN to own 100% of General Insurance Company |
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| It is good to know that L&T Finance Ltd, a 100% subsidiary of Larsen & Toubro Ltd (L&T), will not be partnering with any foreign entity to float the venture for General Insurance Company |
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| The announcement to foray into general insurance business is expected in the next few months. |
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| However, Deosthalee did not divulge the quantum of capital their proposed insurance business would initially require and the timing when L&T Finance would venture into areas like mutual funds and asset management activity. |
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