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Reinsurers plunge into India seeking growth


As India opens its market to international reinsurers, major foreign players are applying for licences to take advantage of the country’s strong growth potential. But they will encounter a fairly soft market with prices likely to depreciate further due to the additional inflow of capacity, and a paramount state-run competitor, experts believe.

Asia-Pacific, Insurance, Reinsurance, Insurance Act 2015, Licence, Lloyd's, AM Best, EAIC 2016, GIC Re, Risk management, Property, Casualty

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