Indian insurers refuse insuring Iranian cargo
General Insurance companies have stopped providing insurance coverage to goods — mainly crude oil — imported from Iran. General Insurers Read more
Global insurers have been participating in the Indian insurance market for nearly 12 years. We may soon see the trend reversing.
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The Insurance Regulatory and Development Authority (Irda) has allowed insurance companies in India to conduct business overseas. The companies can do business in the life insurance, non-life insurance and in re-insurance space.
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