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IRDAI okays amendments to reinsurance norms

IRDAI has simplified the format of the reinsurance program and brought in tandem the regulations for Indian insurers, Indian reinsurers, Foreign Reinsurance Branches (FRBs), and International Financial Services Centre Insurance Offices (IIOs) to position India as a global reinsurance hub.

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Amendments approved to make India global insurance hub: IRDAI

Amendments approved to make India global insurance hub: IRDAI
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Irdai approves amendments to boost Indian reinsurers, cuts capital for FRBs to Rs 50 Crore Here s what it means

This regulatory overhaul strategically positions India as a vital global reinsurance hub.

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IRDAI Approves Amendments to Reinsurance Regulations

IRDAI Approves Amendments to Reinsurance Regulations
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Minimum capital need for foreign reinsurers lowered

Minimum capital need for foreign reinsurers lowered
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