Lloyd's Delegation Visiting Mumbai

India is a growing reinsurance market for Lloyd’s. The top classes it writes there are offshore energy, property catastrophe, terrorism, cargo, and aviation excess of loss risks.

Gross written premiums by Lloyd's in India grew by almost 150 percent from 2007 to 2010, to $182 million, and a delegation of managing agents and Lloyd's brokers headed by Jose Ribeiro, director of International Markets, is visiting Mumbai this week to see how Lloyd's market can increase its activity there.

"With India expected to become a dominant economic force in the coming decades, now is the time to develop a deeper relationship with the Indian market and explain how Lloyd's is uniquely placed to meet its specialist insurance needs," Ribeiro said a Lloyd's release. "It's an exciting time, and the work we do now will ensure that Lloyd's is able to make the most of new opportunities in India in the coming years."

The top classes Lloyd's writes in India are offshore energy, property catastrophe, terrorism, cargo and aviation excess of loss (xl) risks. Lloyd’s has been working with the Indian insurance regulator, the IRDA, to find ways for its unique structure to be accounted for in anticipation of changes that allow more foreign involvement in the Indian market, possibly by establishing branches. But proposals to accomplish that have not yet passed.

Download Center

HTML - No Current Item Deck
  • Free Safety Management Software Demo

    IndustrySafe Safety Management Software helps organizations to improve safety by providing a comprehensive toolset of software modules to help businesses identify trouble spots; reduce claims, lost days, OSHA fines; and more.

  • The Top 5 Safety and Technology Trends to Watch in 2019

    Get the latest on trends you can expect to hear more about in 2019, including continued growth of mobile safety applications, wearable technology, and smart PPE; autonomous vehicles; pending OSHA recordkeeping rulemaking; and increased adoption of international safety standard, ISO 45001.

  • Get the Ultimate Guide to OSHA Recordkeeping

    OSHA’s Form 300A posting deadline is February 1! Are you prepared? To help answer your key recordkeeping questions, IndustrySafe put together this guide with critical compliance information.

  • Safety Training 101

    When it comes to safety training, no matter the industry, there are always questions regarding requirements and certifications. We’ve put together a guide on key safety training topics, requirements for certifications, and answers to common training questions.

  • Conduct EHS Inspections and Audits

    Record and manage your organization’s inspection data with IndustrySafe’s Inspections module. IndustrySafe’s pre-built forms and checklists may be used as is, or can be customized to better suit the needs of your organization.

  • Industry Safe

OH&S Digital Edition

  • OHS Magazine Digital Edition - January 2019

    January 2019

    Featuring:

    • PREVENTING ERRORS
      Production vs. Safety 
    • EMERGENCY SHOWERS & EYEWASH
      Meeting the Requirements for Emergency Equipment
    • CONSTRUCTION SAFETY
      The State of Contractor Safety
    • FOOT PROTECTION
      The Three Keys to Effective Chemical Management
    View This Issue