Legislation shall allow the Lloyd’s to operate in the Indian market
The Indian government is poised to review the 1938 legislation to allow Lloyd's to operate on the Indian reinsurance market. As far as foreign companies are concerned, the law in force authorizes only product marketing. The amendment of the legislation shall allow Lloyd's, given its status as an underwriting company, to penetrate the reinsurance market on its own or in joint venture.
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Mon, 01/04/2013 - 16:56
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