UK-based reinsurer lloyd's of london is looking at 8-10 per cent annual growth in its India business, a senior executive said on Thursday.
At present, the lloyd's annual premium income from within the country stands at $200 million (around Rs1,334 crore).
lloyd's currently underwrites business in the country on an off-shore basis. It has applied for licence before the insurance regulator Irdai and the company is likely to kick off its operations in the country by early next year.