Question

What was the first professional reinsurance insurer formed in India and when was it established?

a.

India Guarantee and General Insurance Company, 1956

b.

India Reinsurance Corporation, 1956

c.

Indian Insurance Companies Association, 1966

d.

National Insurance Co. Ltd., 1971

Answer: (b).India Reinsurance Corporation, 1956 Explanation:The India Reinsurance Corporation, a professional reinsurance insurer, was formed by general insurance companies operating in India in 1956.

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Q. What was the first professional reinsurance insurer formed in India and when was it established?

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