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International

Watchdog rejects excessive pricing allegations against GIC Re

January 29, 2021 Reprints

Competition Commission of India has dismissed Automotive Tyre Manufacturers’ Association’s multiple allegations of unfair business practices against reinsurer General Insurance Corporation of India, Outlook India reported citing PTI. The Indian association accused GIC Re of charging excessive reinsurance premiums and following a resale price maintenance practice

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Watchdog rejects excessive pricing allegations against GIC Re

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