India as a global reinsurance hub
Source: Asia Insurance Review | Jan 2014
Since the privatisation of the insurance industry in 2000, a number of foreign insurers have set up JVs in India. However, no foreign reinsurer has set up full-fledged operations in the country. With rapid economic growth over the past few years and the country emerging as a major world power, is the time ripe to set up a reinsurance hub in the country?
By Jimmy John
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