Question

What does a Reinsurance Broker specialize in according to IRDA regulations?

a.

Arranging insurance for clients

b.

Arranging reinsurance for direct insurers

c.

Acting as an intermediary for corporate agents

d.

Handling composite insurance policies

Posted under IC 14 Regulations of Insurance Business

Answer: (b).Arranging reinsurance for direct insurers Explanation:A Reinsurance Broker, for remuneration, arranges reinsurance for direct insurers with insurance and reinsurance companies.

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Q. What does a Reinsurance Broker specialize in according to IRDA regulations?
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