E,i,ik1ttlffil ir.tai ~ 1uft~ ~ RI R~ 1qcfi '3fu Rlctiifi ~ INSURANCE REGULATORY AND DEVELOPMENT AUTHORITY OF INDIA CIRCULAR Ref: IRDA/NL/CIR/RIN/080/04/2017 Date: 18-04-2017 .. To All CEOs/CMDs of all Insurance/Reinsurance companies & Foreign Reinsurance Branches Re: Cross Border Reinsurers granted approval under guid…
E,i,ik1ttlffil ir.tai ~ 1uft~ ~ RI R~ 1qcfi '3fu Rlctiifi ~ INSURANCE REGULATORY AND DEVELOPMENT AUTHORITY OF INDIA CIRCULAR Ref: IRDA/NL/CIR/RIN/080/04/2017 Date: 18-04-2017 .. To All CEOs/CMDs of all Insurance/Reinsurance companies & Foreign Reinsurance Branches Re: Cross Border Reinsurers granted approval under guideline no. 6 of the Guidelines on Cross Border Reinsurers On the basis of the submissions made by cross border reinsurers and recommendations made by (re)insurers, the Authority has granted special approval to the below mentioned CBRs. These approvals are valid for the FY 2017-18. Approval No. CBR name Place IRDAI/NL/CBR/2017-18/001 # lngosstrakh Joint Stock Insurance Company# Russia IRDAI/NL/CBR/2017-18/002 Asian Reinsurance Corporation Thailand IRDAI/NL/CBR/2017-18/003 CICA Re Kenya IRDAI/NL/CBR/2017-18/004 # Republican Unitary Enterprise # Belarus IRDAI/NL/CBR/2017-18/005 # Anadolu Anonim Turk Sigorta Sirketi # Turkey IRDAI/NL/CBR/2017-18/006 Zep Re Kenya IRDAI/NL/CBR/2017-18/007 FAIR Aviation Pool Morocco IRDAI/NL/CBR/2017-18/008 # Baoviet Insurance Corporation# Thailand IRDAI/NL/CBR/2017-18/009 Partner Reinsurance Company Ltd Bermuda IRDAI/NL/CBR/2017-18/010 Misr Insurance Company Egypt IRDAI/NL/CBR/2017-18/011 GIC Bhutan Re Bhutan IRDAI/NL/CBR/2017-18/012 # East Africa Re # Kenya IRDAI/NL/CBR/2017-18/013 Royal Insurance Corporation Bhutan IRDAI/NL/CBR/2017-18/014 Covea Cooperations France IRDAI/NL/CBR/2017-18/015 Vietnam National Reinsurance Corporation Vietnam IRDAI/NL/CBR/2017-18/016 Equator Re Bermuda IRDAI/NL/CBR/2017-18/017 Indonesia Re Indonesia IRDAI/NL/CBR/2017-18/018 PICC Re China #: Reinsurance placements by (re)insurersl FRBs to the CBRs indicated by# shall not exceed 5% of 100%. The Filing R'eference Numbers of the above Cross Border Reinsurers are available in the IRDAI web interface. vg;4A hL __,\ \\::\-- Ye~~a; rty~ Bharath \'-6 \'--r (CGM, Non-Life) i:rftim \lcR, cffim ~, isl:in<isll'I, ~-500 004. muf ({) : 91-040-2338 1100, m : 91-040-6682 3334 {-i@: irda@irda.gov.in ~ : www.irda.gov.in Parisharam Bhavan, 3rd Floor, Basheer Bagh, Hyderabad-500 004. India. Ph.: 91-040-2338 1100, Fax: 91 -040-6682 3334 E-mail: irda@irda.gov.in Web.: www.irda.gov.in
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