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Fairfax-backed Go Digit gets green light for life insurance

India s insurance regulator has granted approval for Go Digit Life Insurance, which will be backed by Canadian billionaire Prem Watsa s Fairfax Financial Holdings. The new firm will become the country s 25th life insurer and is expected to start with an initial capital of INR7bn-INR10bn ($95m-$136m). Fairfax is likely to hold a 30%-40% stake in the joint venture initially, with Go Digit Infoworks owning 80% of Go Digit Life. The life insurer may also place minority stakes with certain banks to strengthen its bancassurance network. ....

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Rocking the boat: How two disenchanted Bay Street lawyers shook up the entertainment industry


Rocking the boat: How two disenchanted Bay Street lawyers shook up the entertainment industry
David Fortier and Ivan Schneeberg prove there s more to Canada than Hollywood thought with string of successes in cutthroat industry
Author of the article: Joe O Connor
Publishing date: Apr 12, 2021  •  5 days ago  •  5 minute read  • 
Boat Rocker Media Inc. founders David Fortier, left, and Ivan Schneeberg, right, at their Toronto offices. Photo by Peter J. Thompson/National Post
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Article content
Ivan Schneeberg had an overwhelming feeling in his early 30s that he had, more or less, woke up one morning and found he was a partner at a blue-chip Toronto law firm with a thriving practice in the entertainment sector, great salary, super bright colleagues and, when he was be ....

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