NU Online News Service, June 3, 2008, 4:41 p.m. EDT
General Re Corp. has set up a life-health reinsurance liaison office in Mumbai, India.
India, together with China, will be a key market in Gen Re’s Asia market development strategy, according to Gen Re, Stamford, Conn.
Increased competition in the Indian insurance market likely will press direct writers there to work with reinsurers to develop new products, including health-related products, Gen Re says.