Question

Every Insurer carrying on business in India shall invest and at all time keep invested an amount not exceeding ________ of their funds in other capital market Investments.

Answer 1

Here is your answer mate:-

a) No unapproved investments shall be made. (2) Reinsurance Business: Every reinsurer carrying on reinsurance business in India shall invest and at all times keep invested his total assets in the same manner as set out in sub-regulation (1), until such time separate regulations in this behalf are made by the Authority.

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Answer 2

Every Insurer carrying on business in India shall invest and at all time keep invested an amount not exceeding 15% of their funds in other capital market Investments.

Explanation:

• "Section 27A" of the "Insurance Act of 1938", and related Guidelines / Instructions issued from time to time "in accordance with" the Government of India, and IRDAI by regulation govern the investment in insurers' funds.
• A stock/capital market is a money market in which shares backed by long-term debt (over one year) or equity are sold and purchased.

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Insurance is a good investment option becausePolicyholder gets ...

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