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Irdai to introduce collaterals for reinsurance transactions with CBRs | Insurance – Business Standard - Dr-Buzz4U

Home / news / Irdai to introduce collaterals for reinsurance transactions with CBRs | Insurance – Business Standard

Irdai to introduce collaterals for reinsurance transactions with CBRs | Insurance – Business Standard

Dr-tech February 21, 2024 news

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Irdai to introduce collaterals for reinsurance transactions with CBRs | Insurance – Business Standard

The regulator has also observed an increase in premiums collected by CBRs from the Indian reinsurance market and the need to protect the interest of the Indian reinsurer. The Insurance Regulatory and Development Authority (Irdai) is planning to introduce collaterals for reinsurance transactions with Cross Border Reinsurers (CBR). The proposed guidelines given in an [...]