IRDAI sets 4% obligatory cession for FY2026
Published on: April 18, 2026, 2:48 a.m. | Source: The Tribune
The Insurance Regulatory and Development Authority of India (IRDAI) has notified the obligatory cession requirements for the financial year 2026-27, mandating that general insurers cede 4 per cent of the sum insured on every policy to the domestic reinsurer, General Insurance Corporation of India (GIC Re).
