Question

According to the amended regulations, what is the minimum retention requirement for Category I foreign reinsurers maintaining a branch office in India?

a.

20%

b.

30%

c.

40%

d.

50%

Answer: (d).50% Explanation:Regulation 4 specifies that Category I foreign reinsurers maintaining a branch office in India must maintain a minimum retention of 50% of the Indian reinsurance business.

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Q. According to the amended regulations, what is the minimum retention requirement for Category I foreign reinsurers maintaining a branch office in India?

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