Question

As per IRDAI norms, an insurer must maintain a solvency ratio of at least 150%. If an insurer’s available solvency margin is ₹900 crore, what should be its maximum required solvency margin to comply?

A ₹1,350 crore
B ₹600 crore
C ₹700 crore
D ₹750 crore
E ₹450 crore
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