TATA AIG stresses political risk insurance needs

Rising costs hit Indian exporters amid global crises

TATA AIG General Insurance emphasised the need for proper political risk insurance amidst ongoing crises such as the Red Sea conflict and the Russia-Ukraine war, Indian exporters are facing increased costs and risks in international trade.

Indian government data showed a dip in the country’s trade performance for fiscal year 2023 to 2024, with merchandise exports contracting by 3.11% to $437.1b.

“Indian companies, despite a robust domestic market, are encountering uncertainties from geopolitical conflicts that hinder their efforts to expand internationally. These challenges are further compounded by a high global interest rate environment and rising energy prices, the company said.

Follow the link for more news on

insurance

Also Read

APAC reinsurers poised for growth on the back of sustained demand

Double-digit premium growth lifts AIA to record value of new business in Q3

Since you're here...

...there are many ways you can work with us to advertise your company and connect to your customers. Our team can help you dight and create an advertising campaign, in print and digital, on this website and in print magazine.

We can also organize a real life or digital event for you and find thought leader speakers as well as industry leaders, who could be your potential partners, to join the event. We also run some awards programmes which give you an opportunity to be recognized for your achievements during the year and you can join this as a participant or a sponsor.

Let us help you drive your business forward with a good partnership!

I want to download the media kit