Q. Which type of taxation is suggested as a possible solution for budget problems?

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Q. What makes determining the profit of a reinsurer difficult?

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Q. What does the insurer-reinsurer relationship aim to do?

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Q. Which types of companies give rise to extreme fluctuations in reinsurance?

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Q. What event impaired the capital of many insurers and reinsurers and resulted in insolvencies?

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Q. What is the ideal approach to taxing a reinsurer's profit?

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Q. How does the practice of deducting tax at source as a percentage of the reinsurance premium impact the administration costs of the insurer?

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Q. What is the purpose of indicating a net premium to the ceding insurer (reinsured)?

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Q. How can a reinsurer optimize their results and pay taxes regularly?

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Q. What is the tax known as when it is levied on direct or reinsurance premium?

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Q. In which country is a Service Tax of 5% levied on direct premium?

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Q. Where is a reinsurer liable to income tax on profit based on their worldwide business?

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Q. How is interest on premium reserve released treated for tax purposes?

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Q. How do some insurers reduce administrative work related to reserves and interest?

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Q. What is the percentage of service tax that is levied on direct premium in India?

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Q. Why is national self-sufficiency in reinsurance not feasible in the long run?

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Q. Which act governs the law and regulation relating to the use of foreign exchange in insurance and reinsurance transactions in India?

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Q. According to the Foreign Exchange Management Act, can a person resident in India take any general or life insurance policy issued by an insurer outside India?

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Q. Who grants permission to GIC Re, the national reinsurer of India, for arranging remittances of foreign exchange in respect of their reinsurance arrangements?

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Q. How do insurers in India obtain permission to remit foreign exchange for their reinsurance transactions?

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