Reinsurance rates may rise in April renewals

[Master]

This is the main reason. Plus, India is on the top in terrorism activity.

One reason may be because common wealth games are go to be held in India and if some terrorist activity like Mumbai - 26/11 happen. Why reinsurer take risk?

Reinsurer take care all the risks from terrorist to natural calamity to political risks. So don't limit them with only one. Second 26/11 is one thing which happen once in many years. And no country have any control in terrorist activity. But yes, it will have big impact on the premium.