Malaysia's sovereign wealth fund said it saw value in PolicyStreet's ability to offer accessible and meaningful coverage to the unserved and underserved.
On Friday, India experienced its most severe train accident of the century. Three trains derailed, causing the death of at least 288 people and injuring over 1100 more.
This is the second time the Indian regulator has issued a business transfer order for SILIC. The first in 2017 was set aside by the Securities Appellate Tribunal.