News Reinsurance28 Jul 2022

India:IRDAI forms working group to examine accounting and profit repatriation by foreign reinsurers

| 28 Jul 2022

The IRDAI has set up a working group to look into accounting for premiums, claims and related expenses on an estimation basis as well as the repatriation of surpluses by foreign reinsurance branches (FRBs).

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