IRDAI maintains obligatory cession rate at 4% for 2024-25

Insurers to continue ceding 4% of GI business to GIC Re, excluding terrorism and nuclear pool premiums.

Share

Irdai maintains obligatory cession rate at 4 for 2024 25

THIS PREMIUM INSIGHT IS FOR SUBSCRIBERS ONLY.

Stay ahead with precise, independent journalism of APAC's insurance markets.

Unlocked access today:

Already subscribed? Log in here

Read next

two-years-on-key-points-of-discussion-remain-for-australian-cyclone-reinsurance-pool
asian-nat-cat-insurance-protection-gap-double-latin-americas
growth-in-sme-cyber-risks-calls-for-adjustments-in-cat-models-guy-carpenter
updated-australian-rainfall-anp-runoff-guidelines-forces-flood-risk-rethink
koreas-life-and-non-life-segments-see-contrasting-net-income-results-in-1h-2024
hong-kongs-direct-general-insurance-underwriting-profit-doubles-in-q2-2024
reinsurers-achieve-highest-returns-on-equity-in-over-a-decade
asia-pacific-insurers-urged-to-improve-data-gaps-to-improve-nat-cat-risk-pricing
hard-reinsurance-market-to-remain-for-at-least-two-more-years-am-best
number-of-insurance-affordability-stressed-households-in-australia-rose-30-in-last-year-actuaries-institute

Share this article