1 month ago
Impact of global hardening of rates on India difficult to predict, say analysts
Topics
insurance plans | GLOBAL | general insurers
Subrata Panda
|
Mumbai
Last Updated at January 26, 2023 19:46 IST
The key factors behind rates hardening in the retro market include heightened catastrophe losses and high inflation
The Indian insurance market in April is likely to feel the heat of higher reinsurance rates that have shot up globally due to adverse weather events, the war in Ukraine and macroeconomic shocks, said experts tracking the trend.
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First Published: Thu, January 26 2023. 19:46 IST
