Section 8 in Insurance Regulatory and Development Authority of India (Re-insurance) Regulations, 2018
8. 'Cross Border Re-insurer', hereinafter called by acronym 'CBR', means a foreign re-insurer including Lloyd's Syndicates, whose place of business is established outside India and which is supervised by its home country regulator. Cross Border Re-insurer includes:
A. Parent or Group companies of the FRBs;B. Parent or Group companies of the IIOs;
