Bajaj General Insurance–Swiss Re Partnership

Bajaj General Insurance signed an MoU with Swiss Re Corporate Solutions.

Objective

To expand India's commercial insurance offerings.

Key Points

• Focus on Indian businesses with overseas operations.
• Help companies manage risks across multiple jurisdictions.
• Areas:
  • High technology
  • Manufacturing
  • International insurance programmes
• Proposed use of Swiss Re's International Programs platform.
• Arrangement subject to regulatory approvals and definitive agreements.
• Bajaj General Insurance established in 2001.
• Headquarters: Pune, Maharashtra.

UPSC Link

Insurance sector + Globalisation + Risk management