Helping Buffett Crack the Indian Market

December 17, 2012 11:38

In other news: India may prove a tough nut to crack for Warren Buffett. His maiden Indian venture -- an online insurance distributor called Berkshireinsurance.com -- made a big splash when it launched in March 2011.

The company, which sells Bajaj Allianz General's non-life-insurance products, wants to be among the top three companies in India selling insurance on the Internet in the next three to five years. But even with a name like Mr. Buffett's behind it, that's a lofty goal for a newcomer to India's $40 billion insurance industry. Read

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