[ad_1]
According to industry disclosures, Tata AIG retains approximately 36% of both the premium and risk, while the remainder is shared with domestic co-insurers including GIC Re, United India Insurance, Oriental Insurance, and ICICI Lombard. Indian insurers traditionally retain only 5% of the total risk, with the balance ceded to the global reinsurance market. AIG, the American co-owner of Tata AIG, is believed to be a significant reinsurer on the programme.
[ad_2]
Source link
