Reinsurance

Reinsurance


Functions and Responsibilities of Re-insurance Department.

IRDAI established the Re-insurance Department to take care of the following portfolios:-

All reinsurance related matters will be handled by the department including the following:

  • Examination of Reinsurance Programmes
  • Analysis of Final Reinsurance treaties and other placements, retrocession also the inwards
  • Registration and Analysis of Cross Border Reinsurers participating in Indian Reinsurance market
  • Arranging and facilitating Reinsurance Advisory Committee meetings, Preparing IRDAI recommendations on Obligatory Cessions and Notifying the obligatory cessions for each FY

 

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