The world is in a greater spin with the volatility in the stock markets. There are such amazing changes taking place in the Indian market, what with Government’s drive to open up the reinsurance market and make India a reinsurance hub as well as Lloyd’s almost setting up in India. The latest sigma world insurance report ranks India as 15th largest insurance market in the world with a US$70 billion premium income. Life accounts for 78.5% of that pie. The non-life market with a premium of US$15 billion is still the 20th largest globally.
This year, the India Rendezvous will focus on the theme, “The New Realities in Reinsurance” with the subtext “Creating a Reinsurance Hub in India.” The entire Indian industry will be present at the Rendezvous as they have in the past.
Over the 9 years since its launch, the India Rendezvous, organised jointly by GIC Re and Asia Insurance Review has become THE major event on the Asian insurance calendar and for those serving the Indian market, it is a Must-Attend event.
The India Rendezvous brings together more than 650 delegates both from the Indian, regional and international markets, and is intended to look at reinsurance renewal dynamics in the Indian and SAARC markets.
Working on the successful format of the past, each Indian ceding company will be represented by three senior managers as well as have a table at the Rendezvous to promote intensive bilateral discussions and networking. Special areas at the Taj Lands End will be set for bilateral discussions and each Indian insurer will be given a table where they can hold their private meetings with the visiting foreign delegates and international reinsurers and reinsurance brokers, as in previous years.
Set at the “Monte Carlo” for the SAARC region, we hope to see you in India.