Section 13 in Insurance Regulatory and Development Authority of India (Re-insurance) Regulations, 2018

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Section 13 in Insurance Regulatory and Development Authority of India (Re-insurance) Regulations, 2018

13. "Fronting" means a process of transferring risk in which an Indian Insurer cedes or retro-cedes most of or all of the assumed risk to a Re-insurer or retrocessionaire;