India's 'Bima Vistaar' product includes insurance coverage for life, health, personal accident, and property, and a parametric claims process for property.
Representatives from both cities look to strengthen financial market ties, with Belt and Road risk management, captive insurance, and ILS identified as key areas within insurance.
India's Directorate General of Shipping approves Russian insurers, helping to facilitate more seamless trade of oil through reduction of reliance on international insurers.
