Help

BI’s Article search uses Boolean search capabilities. If you are not familiar with these principles, here are some quick tips.

To search specifically for more than one word, put the search term in quotation marks. For example, “workers compensation”. This will limit your search to that combination of words.

To search for a combination of terms, use quotations and the & symbol. For example, “hurricane” & “loss”.

International

Complete removal of insurers’ obligatory cession to GIC Re recommended

December 07, 2022 Reprints

A committee appointed by the Insurance Regulatory and Development Authority of India has recommended that the percentage of obligatory cession that general insurers must cede to state-owned General Insurance Corporation of India should be reduced to zero from the current 4%, Asia Insurance Review reported citing Business Standard.

1. Swiss Re faces $6.3 million claim over sexism, unfair dismissal
2. Court rejects Aviva’s motion to dismiss class action over BI losses
3. Dollar crisis hits reinsurance payments of over $100 million
4. Eight million diver license, passport numbers exposed in massive hack
5. New reinsurer to provide additional insurance capacity of $2 billion
6. Australian insurer faces second class action suit over data breach

Help

Complete removal of insurers’ obligatory cession to GIC Re recommended

Readers Poll

Most Read in International

Sign up now for free access to this article and much more.

If you are already registered with Business Insurance, click here to Login

Please tell us a bit more about yourself in order to continue

About

Advertise

Reprints and Licensing

Resources