The Indian export credit insurer continues to benefit from robust capital support and steady investment income, despite exposure to concentrated risks.
The move marks the reinsurer's latest push into Asia Pacific markets as it seeks to tap into India's growing demand for advanced reinsurance solutions.
Heavy monsoon rains since June have triggered catastrophic flooding and landslides across India and Pakistan, leaving more than 1,000 dead and hundreds of thousands displaced.
The platform, launched in Hyderabad with IRDAI Chairman Ajay Seth officiating, marks the first step in India’s “Insurance for All by 2047” strategy and is expected to enable transactions by December 2...
The proposal would mark India's third FDI liberalisation in a decade, potentially reshaping insurer joint ventures and aligning with the government's “Insurance for All by 2047” goal.
