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International

United India Insurance plans reentry into international markets

September 30, 2014 Reprints

United India Insurance Co. Ltd. is planning a return to markets outside of India, Business Standard reported citing the Press Trust of India.

The public sector general insurer may begin its reentry with the Middle Eastern and Sri Lankan markets, Chairman Milind Kharat said, adding that the insurer is eyeing the "considerable expansion in infrastructure, oil and energy and other sectors" in the Middle East.

The company had some presence in Hong Kong, but closed those operations in 2002.

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United India Insurance plans reentry into international markets

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