Hannover Re and Scor get India approval for January

Hannover Re and Scor have both received final approval to set up
branch offices in India, the companies said in separate
announcements.
Local media reports suggested that Munich Re, Swiss Re and life
reinsurer Reinsurance Group of America had also secured final
'R3' approval, as the Indian reinsurance market prepares
for liberalisation.
The Indian Express reported that Lloyd's has
'R2' approval, the penultimate stage in the application
process, with Gen Re one notch down at 'R1'. It also
reveale