Swiss Re says no plans to enter direct insurance in India
Saturday, 05 30 2015, Category: Insurance and Reinsurance, Country: India
World's second largest reinsurer Swiss Re today said it has no plans to enter the direct insurance business in the country.
"Swiss Re has no plans to enter the direct insurance business in India. Our current strategy is entirely focused on building our reinsurance franchise in India, through the establishment of a reinsurance branch operations to support our life and non-life clients," a Swiss Re spokesperson said.
Source: Press Trust of India