6 I2 (s) + 6 Ca(OH)2 (s) → 5 CaI2 (s) + Ca(IO3)2 (s) + 6 H2O (l)
This is an oxidation-reduction (redox) reaction:
10 I0 + 10 e- → 10 I-I (reduction)
2 I0 - 10 e- → 2 IV (oxidation)
I2 is both an oxidizing and a reducing agent (disproportionation (dismutation)).