Indian Insurers Seek Wider Swap Access for Interest-Rate Hedges
Updated
Updated · Bloomberg · Jul 14
Indian Insurers Seek Wider Swap Access for Interest-Rate Hedges
1 articles · Updated · Bloomberg · Jul 14
Summary
Several Indian insurers have asked the Insurance Regulatory and Development Authority of India to let them use the swap market more broadly to hedge interest-rate risk, according to people familiar with the matter.
The request is tied to insurers’ plans to take a larger role in India’s money markets, where broader hedging tools would help them manage rate swings more effectively.
A number of firms have already written to the regulator, signaling an industry push for expanded access rather than an isolated request.