Page 6 - Insurance Times January 2019
P. 6

eta  s t e    st     t     e  sa
                a s    sta e sa e
                                            I   I t  ak   t   r l   t at  ill allo   or i n in  r r  to  i   or r in  ran
              e e a    s  a  e s
                                                                       ontra t  alon   it   I     an   a  t    a   i
          s   a        s          e                                   t    o   r lo  r rat   t an  I  or i   I   o   not
                                                                         r i   it  ri  t
                                                                       arli r  r  in  ran    ontra t   o l     o   r
                                                                      to  or i n  ir   onl  i   I   i  not    r i   it
                                                                      ri  t   I     o  i ial    ai    I   r tain   t    ir t
                                            ri  t o  r    al  In  a    or i n  la  r  o   r lo  r rat   t an  I  an   I
                                             annot  at   t o   rat    t     an  in t o    ontra t       r   a
                                                 lation t at  I        ir t ri  t o  r    al  o l      on  a a   it
                                                 a  tt  noti i ation allo     ran     o   or i n r in  ran    ir   in In ia
                                            a    ll a  In ian r  in  ran    o  ani      i     I  to a    t r  in  ran
           tat    ank  o   In ia  r   ntl   a
                                                  t to t    ro i o t at t      a i i   r t ntion  it in t    o ntr
           ro    t    al  o      r   nt  tak
                                               t to  ro  r an  a    at   i  r i i ation o  ri k
          in   I   n ral In  ran    or
                                                 i   o  t   r in  ran    ark t in In ia i  a o t            ror  ann all
           ror  to t o alt rnati   in   t  nt
                                            o    i    I   a  t   lion     ar  o     in          i   o  t    ark t i       t
            n     I
                                            to  o  l   it in t   n  t      ar    i  n t   rat  o   ro t  o  t   In ian in
                   ti    o  itt   o    I a
                                               tr  a    ll ri k  a  o iat    it  it
           ro    t    al  o       lak    ar
                                             o t  la  r     l  I   a  not    a l  to  o  r      o  t   n   ri k    in
          o         a       alin  to     r   nt
                                            o   r        ral  or i n in  ran    iant  a    ll a  t      a  i   o  t    o n
           tak  in it      i iar    I   n ral In
                                            tri      r  t    ar  r  i t r    a      n lo   in  lon   or  n in   I
            ran     o  an    t     or
                                             ir t ri  t o  r    al
           ror   aro n          illion     I
           ai
                                              a t       e e a    s  a  e   sts    st      t        ea s
                 ort niti    I  I an   I
           ort niti     n  I  an  I  o   r   i    arti       n ral In  ran    r  i t r   a  ai  n  ro it o          ror  in t
          In   t   ill   r  a          r   nt   ir t  i   ont   o  t      rr nt  i  al
          an         r   nt  tak   r     ti  l      i   o  an  r  or    a      r   nt in r a   in
           ro    I       ro o    tran a tion   ro    ritt n  r  i   in t    ir t  al  t i   i
           al      I  I at o  r            ror     al to           ror           ror      arti
                                              n ral In  ran      i    tart   it  national o
            t r  o  l tion o  t   tran a tion
                                             ration  in        a   o t    ro it  in  a   o
            I  ill  ol       r   nt  tak  in   I
                                            t   t o   art r  t i   i  al  it i  l arnt
           I     il   it    oint    nt r    artn r
          I   Int rnational   t   t   ill  on       ar   l a    to    on t    at  o   ro ita ilit  an  t i   a     n an o t
          tin   to  ol       r   nt          o   o      rior ri k   l  tion  i  ro    o  ratin     i i n i   an  o r ra or
                                              ar   o    on a to ation an   i iti ation           ort   a   r   lt   in  o t
           In  ran         nt  i    till   o n
                                            in   ai  n  ro it   or t    o  an  in t    ir t  al  o   inan ial   ar
          an  na   nt in In ia  it i  an  n  r
                                            an   ill   l   ri   t    ro t   o  nt       an      rini a an   ana in   i
            n trat    ark t      or     a  i
                                            r  tor an         arti       n ral In  ran    ai
          ni i ant   o   o   ro t   or   I  I to
          a  i     i      al  an   ro ita ilit       i    n ral in  r r    o  in   ratio  a   a  r  o   ro ita ilit  t at tak   into
           ai    I   air an  a ni      ar   a  o nt  lai   an      n    a  a  ro ortion o   r  i     i  ro       o  r
                                                 r  nta    oint  to         r   nt in t    al    ar to          ro
            i   tran a tion   al       I   I  at
                                              r   nt in t    a     rio  o
          aro n               ror    r  l  tin
           i ni i ant   al     r ation   it in
                                             t t    a   ti    it  lo   ratio  a  r       to        r   nt in t    ir t  al  o
            ar  o     in    o  ration    in
                                            t     rr nt  i  al  ro         r   nt in t    a     rio  a   ar a o    il  t
            ara    ana in    ir  tor    lo al
                                                n   ratio  itn      a  i ni i ant  i  at        r   nt in t    al    ar o
           ankin  an      i iari     ai
                                                    a ain t        r   nt in t    orr   on in    rio  o
              Th            T
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