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India second most under-insured market in the world: Lloyd's

PUBLISHED ON: January 25, 2013 | Duration: 12 min, 23 sec

  
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John Nelson, chairman of Lloyd's, the world's largest insurance market, speaks to NDTV's Namrata Brar on the sidelines of the World Economic Forum in Davos about entering the Indian market and worries about lack of support for FDI in insurance. India is the second most under-insured market in the world, he says adding that the dramatic growth in Indian economy is creating a lot of business-to-business risk that needs to be insured.
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