Question
a.
It allows insurers to structure their reinsurance programmes as they please
b.
It approves all reinsurance placements with no one reinsurer rated as per regulations
c.
It frames rules and regulations for various aspects of the insurance business including reinsurance
d.
It provides a source of treaty reinsurance support
Posted under IC85 Reinsurance Management
Interact with the Community - Share Your Thoughts
Uncertain About the Answer? Seek Clarification Here.
Understand the Explanation? Include it Here.
Q. What is the role of IRDA in regulating reinsurance in India?
Similar Questions
Explore Relevant Multiple Choice Questions (MCQs)
Q. What is the maximum percentage of all premium ceded overseas that can be received by one reinsurer rated as per regulations?
View solution
Q. What was the rating of SWIFT security by Standard and Poor?
View solution
Q. Who is responsible for regulating and controlling the conduct of insurance business in India?
View solution
Q. What is the role of GIC Re in the Indian market?
View solution
Q. What is the rating of GIC Re by A.M.Best?
View solution
Q. What is the responsibility of GIC Re in managing Pools for the Indian market?
View solution
Q. What is the target of GIC Re in terms of balancing domestic and overseas business?
View solution
Q. What is GIC Re?
View solution
Q. What regulations govern GIC Re?
View solution
Q. What is the outcome of liberalization and demerger on GIC Re?
View solution
Q. What is GIC Re's rating by A.M.Best?
View solution
Q. What is the Indian market pursuing to establish under the direction of the Government of India?
View solution
Q. Who is the designated manager for the Natural Catastrophe Pool and Nuclear Risks Liability Pool?
View solution
Q. What is GIC Re's responsibility for the natural catastrophe pool and nuclear risks liability pool?
View solution
Q. What is the obligatory cession that GIC Re receives from all general insurers?
View solution
Q. What is the percentage of terrorism risk that is ceded to the Market Pool?
View solution
Q. What is the role of IRDA's notification in ceding commission?
View solution
Q. What kind of reinsurance does GIC Re provide?
View solution
Q. What is the objective of regional reinsurance corporations like Asian Reinsurance Corporation?
View solution
Q. Which of the following companies became Indian reinsurer after nationalisation?
View solution
Recommended Subjects
Are you eager to expand your knowledge beyond IC85 Reinsurance Management? We've handpicked a range of related categories that you might find intriguing.
Click on the categories below to discover a wealth of MCQs and enrich your understanding of various subjects. Happy exploring!