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November 26, 2004

Lloyd’s, Swiss Re bosses land up to get a flavor of India

Indicating the rising importance of India in the global insurance map, the chairmen of two of the biggest names in the insurance business — Lord Levine of Lloyd’s and Peter Forstmoser of Swiss Re, the second largest global reinsurance company — came calling to Mumbai on Thursday.

For both, it was the first visit to the country and the agenda was to familiarise themselves with the latest developments in the liberalised domestic insurance industry and to explore possible new activities.

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Posted by Tom Troceen