Photo of Ila Vyas

Senior Associate in the General Corporate practice at the Mumbai office of Cyril Amarchand Mangaldas.  Ila has over 8 years of experience working in the financial regulatory sector including insurance, reinsurance, fintech regulatory space on both contentious and non-contentious matters.

She has advised on various matters in relation to end to end solutions regarding doing insurance and reinsurance business in India, setting up presence in India, corporate governance, compliance and regulatory matters, insurance and securities regulatory matters before Securities Appellate Tribunal. She can be reached at ila.vyas@cyrilshroff.com

Indian Regulatory Perspective on Non-traditional Reinsurance Solutions

Introduction

A dynamic risk market demands insurance companies to constantly seek new solutions to manage their capital and risk position. This position is further challenged by volatile financial markets, low interest rates, and of course, competition. As insurers assess their risk appetite and aim to achieve an optimal balance of risk, reinsurance solutions have proved to be an effective solution. While traditional reinsurance solutions are effective tools for risk management, ‘Non-traditional Reinsurance Solutions’, are oriented towards providing specific business solutions rather than pure risk transfer. In this piece, we discuss the insurance regulatory framework around Non-traditional Reinsurance Solutions in India.Continue Reading Indian Regulatory Perspective on Non-traditional Reinsurance Solutions