Question

According to IRDA regulations, which entities can Indian insurers write inward reinsurance business from?

a.

Only domestic insurers

b.

Only overseas insurers

c.

Both domestic and overseas insurers

d.

Only government insurers

Posted under IC85 Reinsurance Management

Answer: (c).Both domestic and overseas insurers Explanation:As per IRDA regulations, all life and non-life insurers in India can write inward reinsurance business from other domestic insurers and from overseas. This indicates that Indian insurers have the freedom to engage in inward reinsurance with both domestic and overseas entities.

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Q. According to IRDA regulations, which entities can Indian insurers write inward reinsurance business from?
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