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May 2019

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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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