Question

What is the minimum credit rating required by IRDA in India for reinsurers?

a.

AAA

b.

A

c.

BBB

d.

BB

Answer: (c).BBB Explanation:In India, the Insurance Regulatory and Development Authority (IRDA) has stipulated the use of reinsurers with a rating not less than BBB.

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Q. What is the minimum credit rating required by IRDA in India for reinsurers?

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