Question

What is GIC Re's responsibility for the natural catastrophe pool and nuclear risks liability pool?

a.

To manage and administer both pools

b.

To provide reinsurance support for both pools

c.

To establish both pools

d.

None of the above

Posted under IC85 Reinsurance Management

Answer: (a).To manage and administer both pools Explanation:GIC Re is designated manager for both the Natural Catastrophe Pool and Nuclear Risks Liability Pool, under the direction of the Government of India.

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Q. What is GIC Re's responsibility for the natural catastrophe pool and nuclear risks liability pool?
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