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  • News From Press Foreign reinsurers get Irdai nod to open branches in India

    Foreign reinsurers get Irdai nod to open branches in India

    Source: Financial Express Jan 5, 2017

    Insurance Regulatory and Development Authority of India (Irdai) has granted certificates of registration to foreign re-insurers for opening their branches in India. Officials in the industry estimate that, foreign reinsurers might bring in capital of R2,000-R3,000 crore in India.

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