Thursday, March 06, 2025 | 06:47 AM ISTहिंदी में पढें
Business Standard
Notification Icon
userprofile IconSearch

Foreign Risk Brokers In A Spot Over Irda Regulations

Image

Freny PatelS Ravindran BUSINESS STANDARD

Leading international insurance and reinsurance brokers have decided against applying for insurance broking licences. They are re-evaluating their presence in the country.

Leading the pack is Jardine Lloyd Thomson Consultancy which has downsized its domestic operations. It is, in fact, closing down its Mumbai office. The insurance consultancy firm will not source any new business, said its managing director Vinod Sahgal.

Don't miss the most important news and views of the day. Get them on our Telegram channel

First Published: Dec 05 2002 | 12:00 AM IST

Explore News