Question

As per the IRDA (Life Insurance – Reinsurance Regulations) 2000, an insurer needs to file with the Authority, at least _____ days before the commencement of each financial year, a note on its underwriting policy indicating the classes of business, geographical scope, underwriting limits and profit objective.

a.

Fifteen

b.

Thirty

c.

Forty-five

d.

Sixty

Answer: (c).Forty-five Explanation:The IRDA (Life Insurance – Reinsurance Regulations) 2000 require an insurer to file with the Authority, at least 45 days before the commencement of each financial year, a note on its underwriting policy indicating the classes of business, geographical scope, underwriting limits, and profit objective.

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Q. As per the IRDA (Life Insurance – Reinsurance Regulations) 2000, an insurer needs to file with the Authority, at least _____ days before the commencement of each financial year, a...

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