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International

Losses force general insurers from crop insurance market

November 06, 2019 Reprints

Several general insurers in India have exited the crop insurance market following significant losses from natural catastrophes, The Hindu Business Line reports. ICICI Lombard General Insurance Co. Ltd. and Cholamandalam MS General Insurance Co. Ltd. have exited the segment due to high reinsurance rates.

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Losses force general insurers from crop insurance market

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