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Apr 2024

Sri Lanka: Fairfax Asia buys 78% stake in Union Assurance

Source: Asia Insurance Review | Sep 2014

Fairfax Asia Ltd, a wholly owned subsidiary of Canada-based insurance holding company Fairfax Financial Holdings Ltd, has agreed to buy a 78% stake in Union Assurance PLC, a subsidiary of John Keells Holdings plc (JKH)'s general insurance business.

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