Value Attics Reinsurance has become the first private-sector reinsurer in India after receiving a licence from Irdai. Backed by Fairfax group’s Prem Watsa and Kamlesh Goyal, it aims to leverage international reinsurance expertise. The company will start with a paid-up capital of Rs 200 crore and is set to begin operations shortly. Post navigation IT companies in reset mode amid slow growth in AI times At 7.3%, Kerala has highest retail inflation rate in February