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Which Indian company is the leading national reinsurer?

easy Q13 of 15
Insurance Awareness - Reinsurance
Which Indian company is the leading national reinsurer?
ALife Insurance Corporation of India (LIC)
BGeneral Insurance Corporation of India (GIC Re)
CNew India Assurance Company
DOriental Insurance Company
Step-by-Step Solution
  1. Step 1: Identify the national reinsurer

    General Insurance Corporation of India (GIC Re) is the designated national reinsurer in India.
  2. Final Answer:

    General Insurance Corporation of India (GIC Re) → Option B
  3. Quick Check:

    LIC is a life insurer, while New India and Oriental are general insurers, not reinsurers.
Quick Trick: Remember: GIC Re is the reinsurer; LIC is life insurer.
Common Mistakes:
MISTAKES
  • Confusing LIC or general insurers as reinsurers.
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