Foreign reinsurers can now outbid GIC Re for business in India

13-12-2018

Foreign reinsurers can now outbid GIC Re for business in India

iStock/ Onypix

Foreign reinsurers operating in India will now stand a better chance of winning business in the country after the Insurance Regulatory Authority of India (IRDAI) changed its rules around how domestic insurers buy reinsurance, according to media reports in India.


GIC Re,IRDAI, domestic Insurance, reinsurance, North America

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