Mandatory ceding to national reinsurer to stay at 10%: IRDA

[IndiaInsurance]

The Insurance Regulatory and Development Authority (IRDA) has stipulated that the mandatory ceding by every general insurer in the country to the national reinsurer ? General Insurance Corporation (GIC), would continue to remain at 10 per

More... (http://www.thehindubusinessline.com/2009/12/04/stories/2009120453250600.htm)