Seven foreign Re-insurers to set up branches in India

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....even foreign Re-insurers to set up branches in India <br>News and Press Release<br>Dated:- 10-3-2017<br><BR>The Insurance Regulatory and Development Authority of India (IRDAI) has issued Certificate o....

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....f Registration to Seven foreign Re-insurers to set up branches in India. The details are as follows: 1) MunchenerRuckversicherungs-GesellschaftAktiengesellschaft. 2) Swiss Reinsurance Company Ltd. ....

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....3) SCOR SE - India Branch 4) Hannover Ruck SE 5) RGA Life Reinsurance Company of Canada 6) Lloyd's India Reinsurance Branch 7) XL Insurance Company SE, India Reinsurance Branch. Government throug....

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....h the Insurance Laws (Amendment) Act, 2015, has allowed foreign re-insurers to open their branches in India. As of now, GIC Re is the only re-insurer fully operational in India. Recently, IRDAI has i....

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....ssued Certificate of Registration to another reinsurance company "ITI Reinsurance Ltd." to transact reinsurance business in India. Government has no such proposal under consideration at present to re....

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....duce the taxes on the petrol and diesel. This was stated by Shri Santosh Kumar Gangwar, Minister of State in the Ministry of Finance in written reply to a question in Lok Sabha today.<BR> News - Pres....

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....s release - PIB....