Question

What information should be disclosed regarding premiums written from business in/outside India?

a.

Total premium written without distinction

b.

Premiums written only for business outside India

c.

Premiums written only for business in India

d.

Premiums, less reinsurance, written from business in/outside India

Answer: (d).Premiums, less reinsurance, written from business in/outside India Explanation:Premiums, less reinsurance, written from business in/outside India should be disclosed.

Interact with the Community - Share Your Thoughts

Uncertain About the Answer? Seek Clarification Here.

Understand the Explanation? Include it Here.

Q. What information should be disclosed regarding premiums written from business in/outside India?

Similar Questions

Explore Relevant Multiple Choice Questions (MCQs)

Q. How should an insurance company disclose the extent of premium income recognized based on varying risk patterns, category-wise?

Q. What should be disclosed regarding the value of contracts in relation to investments for purchases where deliveries are pending?

Q. What basis should be disclosed concerning operating expenses relating to insurance business?

Q. What should an insurance company disclose regarding accounting policies?

Q. In case of any departure from accounting policies, what is required to be disclosed?

Q. What information should be separately disclosed for investments made in accordance with any statutory requirement?

Q. How should an insurance company disclose the segregation of investments into performing/non-performing for income recognition?

Q. What information should be disclosed regarding the percentage of business sector-wise?

Q. Why is public disclosure of insurance companies important for regulators?

Q. How does adequate public disclosure benefit insured individuals and prospects?

Q. What role does the International Association of Insurance Supervisors (IAIS) play in public disclosures?

Q. According to ICP 26 of IAIS, what does the supervisory authority require insurers to do regarding disclosure?

Q. How does the regulatory authority in India, IRDA, ensure uniformity in disclosures among insurers?

Q. As per the IRDA's Guidelines on Periodic Disclosures, insurers are required to display last 5 years' data on which basis?

Recommended Subjects

Are you eager to expand your knowledge beyond IC 89 Management Accounting? We've handpicked a range of related categories that you might find intriguing.

Click on the categories below to discover a wealth of MCQs and enrich your understanding of various subjects. Happy exploring!