Skip to main content

Welcome to Lloyd's in India

Our story in India

The Lloyd’s market has a long history of doing business with India – first mentions of trading between Lloyd’s and India have been found in the historical records of the Lloyd’s Coffee Shop and Edward Lloyd as early as 1688.

With the growth of the market and the need for reinsurance, we set up our reinsurance branch in Mumbai in April 2017. Given our expertise in complex and specialist risks, we aim to help support and protect India’s economic growth, particularly in risk classes identified as of primary importance in India – namely agriculture, infrastructure and disaster management.

Our work in the community

Lloyd’s is committed to improving lives and building resilience in the local community. Through the Lloyd’s Together programme we support local communities with projects that focus on education and employability, environment and sustainability, social welfare and health and disaster preparedness and relief.

In India, Lloyd’s has partnered with United Way in Mumbai to support the Sion Anganwadi community in Mumbai.

Read more about community involvement at Lloyd's.

Our solutions


Lloyd's India is licensed by the Insurance Regulatory and Development Authority of India (IRDAI) as a branch of Lloyd’s UK, to write reinsurance business in India. The licence allows Lloyd’s managing agents to set up a service company in India, and underwrite reinsurance business in India.

Lloyd’s India is not allowed to write insurance business in India. Lloyd’s underwriters are also not licensed to write insurance in or from India.

When a Lloyd’s managing agent sets up a service company on the Lloyd’s India platform, their team will be able to underwrite reinsurance business as an onshore reinsurer in India.

Lloyd’s underwriters are also able to underwrite Indian reinsurance business on a cross-border basis, but under the IRDAI (Order of Preference) Regulations any cross-border access is only after the onshore reinsurers have been first offered the reinsurance business. This underscores the significance of having an onshore presence in India.


  • Residents in India may remit funds for securing healthcare insurance with an overseas insurer in certain circumstances.   
  • Risks situated in Special Economic Zones (SEZ).
  • Special approval by the Insurance Regulatory and Development Authority (IRDA).
  • Marine cargo insurance, which may be insured outside India in accordance with terms of trade.

Further details on these exceptions can be found on Crystal.

Lloyd's in India covers 57 lines of insurance and reinsurance:

  • Accident & Health 
  • Agriculture & Hail
  • Aviation
  • BBB
  • Crime
  • Cargo
  • Casualty
  • Contingency
  • Cyber
  • Difference in conditions
  • Directors & Officers
  • Energy
  • Engineering
  • Extended Warranty
  • Financial Institutions
  • Fine Art
  • Legal Expenses
  • Livestock & Bloodstock
  • Marine
  • Medical Expenses
  • Medical Malpractice
  • General Liability
  • Nuclear
  • Pecuniary
  • Personal Accident XL
  • Political Risks, Credit and Financial Guarantee
  • Power Generation
  • Professional Indemnity
  • Property
  • Apace
  • Specie
  • Terrorism
  • Yacht 

Lloyd's in India covers 57 lines of insurance and reinsurance



Get quick and easy access to regulatory and taxation requirements in India with the Crystal tool

Market Intelligence

Analysis of the Indian insurance industry, for the benefit of Lloyd's managing agents, brokers and coverholders to help develop business internationally

Our office

Lloyd’s India

Unit 1 and 1A, Level 6
4, North Avenue
Maker Maxity
Bandra Kurla Complex
Bandra (East)
Mumbai 400051

Shankar Garigiparthy
Country Manager for Lloyd’s in India