The Insurance Regulatory and Development Authority of India vide Circular dated 26-05-2020 has alloted Filing Reference Number (FRN) for two new Cross Border Re-insurers. On the basis of the submissions made by Cross Border Re-insurer (CBR) and recommendations of the insurers, the Authority has granted approval to the below mentioned CBR’s , who do not fulfill the stipulated eligibility criteria :
- Anadolu Anonim Turk Sigorta Sirketi from turkey
- Convex Insurance UK Limited from U.K
Click here to read the Circular.
