New Delhi, April 8 -- Finance Minister Nirmala Sitharaman met Chair of insurance and asset management company Prudential, Shriti Vadera, in London, during her ongoing visit to the United Kingdom.

During the meeting, the Finance Minister mentioned the growth in insurance sector in India owing to the reforms in FDI policy, and emphasised on the need to focus on reinsurance and third party insurance in addition to health insurance and other products.

Sitharaman apprised Vadera of the opportunities in India's maiden International Financial Services Centre at GIFT City in Gujarat and encouraged

Prudential to explore deeper engagement with the ecosystem there, including in areas such a global reinsurance services, as well as considering GIFT...