Question

What is one of the key goals of regulations for reinsurance after liberalisation?

a.

To increase the number of foreign reinsurers operating in India

b.

To reduce the premium retained in India

c.

To assist the Indian market retain maximum premium prior to reinsuring overseas

d.

To eliminate the need for reinsurance arrangements

Posted under IC85 Reinsurance Management

Answer: (c).To assist the Indian market retain maximum premium prior to reinsuring overseas Explanation:One of the key goals of regulations for reinsurance after liberalisation is to assist the Indian market retain maximum premium prior to reinsuring overseas.

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Q. What is one of the key goals of regulations for reinsurance after liberalisation?
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