Q. In which circumstances may insurers settle claims from their foreign currency balances in favor of overseas suppliers for certain categories of imports?

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Q. Under what circumstances may claims arising from marine insurance policies covering merchanting trade financed through India be settled by insurers from their foreign currency balances?

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Q. In which currency may insurance cover on risks inside India be issued for assets owned by residents of India?

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Q. Under what circumstances may non-marine risks in respect of assets outside India owned by residents of India be covered in foreign currency?

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Q. What conditions must be met for insurers to remit claims under policies issued in foreign currency?

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Q. What is the requirement for settlement of claims under policies issued in foreign currency for resident beneficiaries?

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Q. Under what circumstances can insurance cover on baggage or valuables in transit between India and other countries be issued in rupees?

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Q. What is required for premiums on policies covering baggage or valuables in transit to be collected in rupees?

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Q. In what currency can claims on policies covering baggage or valuables in transit be paid in India?

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Q. Under what circumstances can personal accident policies be issued in foreign currency?

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Q. Under what circumstances may Indian companies executing construction and turnkey contracts in foreign countries obtain personal accident cover from Indian Insurers?

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Q. What is the premium collection requirement for Overseas Medical Insurance Schemes for Indian residents traveling abroad for employment?

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Q. In what currency may claims arising outside India against policies issued under the Workmen's Compensation Act and Merchant Shipping Act be paid?

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Q. How are reinsurance arrangements of insurance companies registered with IRDA decided?

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Q. How may local brokers remit reinsurance premium on behalf of insurers?

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Q. What documents are required for local brokers to remit reinsurance premium on behalf of insurers?

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Q. What is the purpose of foreign currency accounts maintained by insurers outside India?

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Q. Under what circumstances can insurers make investments abroad without prior approval from the Reserve Bank of India?

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Q. What is micro-insurance?

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Q. When was the concept of micro-financing first experimented?

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