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Driven by offshore investments, India’s reinsurance market to reach US$7.8bn by 2024, says GlobalData

India’s
pure reinsurance business is among the fastest-growing markets globally. The
recent regulatory changes by the Insurance Regulatory and Development Authority
of India (IRDAI) are set to encourage the offshore companies to set up reinsurance
operations in India. These amendments will not only bring a level playing field
for …

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