The expanding economy is increasing the number of new classes introduced to the non-life insurance market and developing demand for specialist products continue to create new insurance and reinsurance opportunities.

Lloyd's underwriters are authorised to write some reinsurance originating from India on a cross-border basis only. Under the present licensing structure Lloyd's underwriters are not licensed to write insurance in or from 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

To find out more about placing business in India please contact us.