Under the provisions related to reinsurance with Indian re-insurers, which of the following statements is most accurate?
Insurance Act Section 101A Re-insurance with Indian re-insurers: (2) For the purposes of sub-section (1), 3[the Authority] may, by notification in the Official Gazette: (a) specify the percentage of the sum assured on each policy to be re-insured and different percentages may be specified for different classes of insurance: Provided that no percentage so specified shall exceed thirty per cent. of the sum assured on such policy; and (b) also specify the proportions in which the said percentage shall be allocated among the Indian re-insurers.
What is the primary reason for the green color in plants?
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For how many days is the Hornbill festival held?
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