Mon, 05/15/2017 - 16:55
Gen Re has received approval from the Insurance Regulation and Development Authority of India (IRDAI) to open a branch in Mumbai ( known as R3 authorization).
The branch structure will now allow Gen Re to deliver underwriting and risk management expertise locally rather than cross-border, said Gen Re, noting that the Indian insurance market is “a huge business opportunity waiting to be harnessed.”
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