Lloyd's all set to start India ops afresh

Anticipating a faster recovery of the Indian economy than its global peers, London-based global reinsurance giant Lloyd s has decided to return to India after withdrawing from the country almost two years ago. Speaking exclusively to FE, Lord Peter Levene, Lloyd s chairman, confirmed the development. We are preparing to set up our operations in India. We are waiting for the law to change to facilitate our operations in the country, Levene said. Lloyd s is the world s leading insurance market, roviding spe******t insurance services to businesses in over 200-odd countries and territories. On why the company had withdrawn from the Indian market ...

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