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IRDAI Tightens Norms for Cross-Border Re-Insurers - (20 Jan 2016)

Insurance Regulatory and Development Authority of India (IRDAI) has tightened norms for Cross-Border Re-Insurers (CBR) operating in India. It has said that the CBR should have credit rating of at least BBB (with Standard & Poor's) or equivalent for the past five years.

Tags : IRDAI   CBR  

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