The offshore unit will enable ICICI Lombard to harness new opportunities in direct insurance and reinsurance areas by offering offshore direct insurance solutions, especially to domestic corporates and individuals located overseas, thus expanding its international business, the company said.source https://economictimes.indiatimes.com/industry/banking/finance/icici-lombard-gets-approval-to-open-international-financial-services-centre-unit/articleshow/80708902.cms
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