Question

What is the scope of dealing in financial derivatives for insurers according to Regulation 15(a)?

a.

Unlimited

b.

Only in the life insurance business

c.

Only in the general insurance business

d.

To the extent permitted and in accordance with guidelines issued by the Authority

Answer: (d).To the extent permitted and in accordance with guidelines issued by the Authority Explanation:Insurers may deal in financial derivatives only to the extent permitted and in accordance with the guidelines issued by the Authority.

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Q. What is the scope of dealing in financial derivatives for insurers according to Regulation 15(a)?

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