Question

Who can define their inward reinsurance underwriting philosophy after liberalisation?

a.

Only General Insurance Corporation of India (GIC)

b.

Only life insurers

c.

Only private insurance companies

d.

Each insurer, including the life insurers

Posted under IC85 Reinsurance Management

Answer: (d).Each insurer, including the life insurers Explanation:Each insurer, including the life insurers, can define their inward reinsurance underwriting philosophy and with due approval of the same from the IRDA write inward reinsurance.

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