Bain Capital to acquire 25% of Indian general insurerBain Capital LP is set to acquire up to a 25% stake in Mumbai-based IndusInd General Insurance Company Ltd. in a deal that could value the insurer at more than 160 billion Indian rupees ($1.7 billion), Life Insurance International reports, citing the Economic Times. The transaction would mark the U.S. firm’s first direct investment in India’s general insurance sector and is expected to be completed by late August or early September.