AIR+16 Oct 2018

Global reinsurers key to make market sustainable

| 16 Oct 2018

The Indian government's ambitious crop insurance scheme Pradhan Mantri Fasal Bima Yojana (PMFBY), is raking in the money for insurers and presents huge opportunities for the global reinsurance sector. PMFBY has made agriculture insurance the third largest line of insurance after motor and health in India and is reinsurance driven and is currently contributing about one third of total reinsurance premiums in India.

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