Question

What does Regulation 8 specify for re-insurers carrying on reinsurance business in India?

a.

They are exempt from making investments

b.

They should invest in real estate only

c.

They should invest in the same manner as set out in Regulations 7

d.

They are not required to keep invested their investment assets

Answer: (c).They should invest in the same manner as set out in Regulations 7 Explanation:Regulation 8 states that every re-insurer carrying on reinsurance business in India should invest and keep invested their investment assets in the same manner as set out in Regulations 7, which outlines the manner of investments for General Insurers.

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Q. What does Regulation 8 specify for re-insurers carrying on reinsurance business in India?

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