Question

In India IRDA has stipulated on the use of reinsurers with ratings below certain limit. As per IRDA these ratings cannot be below ____________

a.

AAA

b.

AAB

c.

BBB

d.

CCC

Answer: (c).BBB Explanation:In India, the Insurance Regulatory and Development Authority (IRDA) has stipulated the use of reinsurers with ratings not less than BBB. This means that the ratings of reinsurers cannot be below BBB according to the regulations set by IRDA.

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Q. In India IRDA has stipulated on the use of reinsurers with ratings below certain limit. As per IRDA these ratings cannot be below ____________

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