Levene criticises Indian protectionism
March 05, 2010
Lloyd’s chairman Lord Levene (pictured) has called India one of the most protectionist countries in the insurance industry in Asia, and said that it is “the one place I would complain aout”. Speaking in Tokyo at the opening of the new Lloyd’s office, Lord Levene said that, while Loyd’s expects moderate growth in Japan and China, it had yet to obtain a licence in India. After Indian politicians’ promises some...