Lloyd's can help support expansion of insurance penetration in India: Chair

Posted On: Jun. 10, 2016 12:00 AM CST

Lloyd's of London chairman John Nelson said in an interview that Lloyd's could help increase insurance penetration in India and reduce the economic effect of disasters, reports The Hindu BusinessLine.

Lloyd's will start operations in India in early 2017, said Mr. Nelson, adding that new insurance regulations in India are positive for Lloyd's.