Munich Re likely to open India branch in next two months
Posted On: Nov. 10, 2016 5:00 AM CSTHitesh Kotak, chief representative of Munich Reinsurance Co.'s India office, has said that the reinsurer expects to open a branch in Mumbai in the next the next couple of months, Asia Insurance Review reports. Munich Re received second phase approval from the Insurance Regulatory and Development Authority of India to open a branch in the nation in October.