ITI Re to launch by end of January

ITI Re, India's first private reinsurer, is to begin
operating by the end of the month after receiving full regulatory
approval.
Chief operating officer R Raghavan told local media outlet
Moneycontrol that the company will be based in Mumbai and is
readying itself to write business for the 1 April renewals.
He said ITI Re already had a core team in place and was in the
process of making junior hires.
Alongside ITI Re, global reinsurers Swiss Re, Hannover Re,...