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    Go Digit on the fast track to growth is a long-term investor's bet, for now

    Synopsis

    Go Digit has grown business faster over the past six years. It has the lowest loss ratios among peers, which reflects high underwriting quality. In addition, a higher retention ratio and claims ratio augur well for future growth.

    ET Intelligence Group: Go Digit General Insurance, which provides general insurance through digital platform, plans to raise Rs 1,125 crore in fresh equity to maintain solvency ratio and up to Rs 1,490 crore through an offer for sale. The promoter stake will fall to 73.6% after the IPO from 83.3%. Established in December 2016, Go Digit is a relatively new incumbent in the country’s general insurance sector. It has grown business faster over the
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    The Economic Times