News Reinsurance30 Nov 2017

India:Reinsurance Expert Committee recommends reinsurers be treated equally after GIC Re

| 30 Nov 2017

The Reinsurance Expert Committee (REC) appointed by the IRDAI has recommended that after GIC Re, insurers are to be permitted to obtain the best terms simultaneously from Indian reinsurers, foreign reinsurance branches (FRBs), Lloyds India and cross-border reinsurers (CBRs) that satisfy eligibility criteria.

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