Question

What is one of the conditions for the revival of an insurer's registration after cancellation?

a.

Increase in liabilities

b.

Extension of the cancellation order

c.

Acceptance of new applications

d.

Restoration of standing contract

Answer: (d).Restoration of standing contract Explanation:The Authority may revive the registration if the insurer has his standing contract restored.

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Q. What is one of the conditions for the revival of an insurer's registration after cancellation?

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