With the spurt in crop insurance, GIC Re’s had seen significant growth from the Indian insurance market.

“Before the end of this fiscal we plan to put the Lloyd Syndicate in place to give a boost to our international ops”

The Insurance Regulatory and Development Authority of India (Irdai) has notified various regulations, guidelines, and circulars over the ye...

MS Amlin is the first Lloyd’s insurer to join the reinsurance branch and their specialist underwriting team will offer a range of reinsuran...

Lloyd's plans to open a reinsurance branch in the country, in time for the April major reinsurance renewals, following final regulatory app...

The marketplace expects syndicates to slowly join their platform as the regulator has given first right of refusal to Indian reinsurer Gene...

"We have been making the case for full liberalisation. We will continue to make it and we think the government is on a path to do it."

In an interview to ET, John Nelson says Lloyd’s will not intervene to lower prices but privatisation of large insurance companies will help...

Lloyd's is a marketplace which facilitates reinsurance by allowing its managing agents to offer cover by forming syndicates.

Country's sole reinsurer General Insurance Corporation of India (GIC Re) is all set to have a syndicate in London-based Lloyd's market.

GIC Re has abandoned its quest to buy a Lloyd’s of London syndicate member and decided to apply for membership of the syndicate instead.

Nelson met Vijayan late last evening in Hyderabad. This is Nelson's first visit to the country after the new Insurance Act was passed.

Lloyd's, which is planning to set up operations in India, feels there is a need for prudential, proportional regulation supporting well cap...

Encouraged by government's decision to push insurance sector reforms, UK-based re-insurance giant Llyod's said it expects to start operatio...

"Llyod's has informally approached IRDA for expansion. They have been waiting for the passage of the Bill to take this forward," IRDA said.

Lloyd's is a market where members join together as syndicates to insure risk. It has 93 different underwriting businesses.

Lord Levene, who met with PM in India and FM in Davos recently, told ET that the Indian govt had assured him that they were favourably incl...