By John Nelson, Chairman, Lloyd’s on the development:

“I warmly welcome the news that India’s Parliament has now passed the Insurance Bill.  This is great news for Lloyd’s as the Bill allows the Lloyd’s market to operate in India.  We are grateful to the Indian government and authorities for their support in reaching this point and look forward to working together as the legislation is implemented.” – John Nelson, Chairman, Lloyd’s

Source : Lokesh Shastri