Question

What is the target of GIC Re in terms of balancing domestic and overseas business?

a.

Increase inward reinsurance from overseas markets

b.

Expand its overseas branch operations

c.

Balance the share of domestic and overseas business

d.

None of the above

Posted under IC85 Reinsurance Management

Answer: (c).Balance the share of domestic and overseas business Explanation:GIC Re is expanding its overseas branch operations and sourcing inward reinsurance in London and Dubai and other offices being set up to expand business. The target is to balance the share of domestic and overseas business.

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Q. What is the target of GIC Re in terms of balancing domestic and overseas business?
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