IndiaInsurance
8th April 2010, 11:56 AM
The lure of cheaper reinsurance covers and handsome commissions from foreign reinsurers has led domestic non-life insurance companies to reinsure corporate terrorism covers abroad. This is in violation of rules that require them to reinsure terrorism covers in the Indian Market terrorism pool.
More... (http://in.biz.yahoo.com/100408/32/bavd4n.html)
More... (http://in.biz.yahoo.com/100408/32/bavd4n.html)