Q. What is the requirement for insurers regarding outstanding claims provisions under the IRDA (General Insurance – Reinsurance Regulations) 2000?

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Q. Before being notified as a National Reinsurer, what role did General Insurance Corporation of India (GIC) play in the Indian insurance market?

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Q. What is the role of GIC (General Insurance Corporation of India) after deregulation in the insurance market?

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Q. What does GIC (General Insurance Corporation of India) manage on behalf of the market?

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Q. What guidelines are mentioned for brokers regarding the placement of Facultative Reinsurance and Treaty or Excess of Loss Reinsurance?

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Q. What is the primary role of surveyors in the insurance claim settlement process?

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Q. What is the relationship between surveyors and insurance companies?

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Q. What is the licensing procedure for individuals intending to act as surveyors and loss assessors in general insurance business?

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Q. How long is a surveyor's license valid from the date of issue, unless cancelled earlier?

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Q. If a surveyor's license has been cancelled or suspended, when can the individual submit a new application for issuance of a license?

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Q. What criteria does the IRDA consider for granting a license to corporate surveyors and loss assessors?

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Q. What is the renewal procedure for an insurance surveyor and loss assessor's license?

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Q. How long is a renewed license valid from the date of renewal, unless cancelled earlier?

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Q. Under what conditions can a license not renewed be revalidated?

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Q. What certifications are required while applying for the renewal of a license?

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Q. What is the primary responsibility of a surveyor and loss assessor when dealing with losses?

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Q. What code of conduct is a surveyor and loss assessor expected to strictly adhere to?

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Q. In the context of surveying and loss assessment, what should a surveyor declare regarding any interest in the subject-matter?

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Q. What duty does a surveyor have regarding confidentiality and neutrality when dealing with losses?

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Q. What responsibility does a surveyor have in relation to the causes and circumstances of the loss?

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