What is the role of reinsurance companies in the Indian insurance market?
Reinsurance companies play a crucial role in the Indian insurance market by providing insurance to insurance companies. The primary function of reinsurance is to insure the risks of insurance companies and protect them from catastrophic losses. Reinsurance companies work as risk-sharing partners with insurance companies and help them manage their risks more efficiently. In India, reinsurance is regulated by the Insurance Regulatory and Development Authority of India (IRDAI) and operates under the provisions of the Insurance Act, 1938. Hence, option B is correct.
Which of the following statement is incorrect?
Which among the following is the main aim of xeriscaping?
A scheme in which the Centre transfers an amount of Rs 6,000 per year, in three equal installments, directly into the bank accounts of all landholding f...
Average rate of change in population is estimated by
DFRL located at
……………………….is non-living organic matter within soil, derived from the microbial decomposition of plants and animals
...The three tiers of panchayat raj are:
Which of the following statement is incorrect for Cyclones?
Fermentation method of seed extraction is practiced in which crop?
The hormone responsible for promoting stomatal closure and water conservation during drought stress is: