Question

What is the maximum percentage of the sum assured that insurers are required to reinsure with Indian reinsurers, as per IRDAI regulations?

a.

20%

b.

25%

c.

30%

d.

35%

Answer: (c).30% Explanation:IRDAI regulations specify that insurers shall reinsure with Indian reinsurers such a percentage of the sum assured on each policy, which shall not exceed thirty percent.

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Q. What is the maximum percentage of the sum assured that insurers are required to reinsure with Indian reinsurers, as per IRDAI regulations?

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