News Reinsurance05 Apr 2021

India:CAT activity seen as relatively benign

| 05 Apr 2021

The Indian market once again witnessed lower catastrophe activity this year. Treaties of the public insurers, though, suffered losses due to super cyclonic Storm Amphan which hit eastern India in May 2020. The other two cyclones which hit either side of the Indian peninsula -- Nisarga (June 2020) and Nivar (November 2020) -- were relatively benign, says Willis Re in its April 2021 edition of its 1st View renewals report.

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