LIC, General Insurance Corporation of India and

_________________ are identified as Domestic Systemically Important Insurers (D-SIIs) for 2021-22.

A United India Insurance Correct Answer Incorrect Answer

B The Oriental Insurance Company Correct Answer Incorrect Answer

C National Insurance Company Limited Correct Answer Incorrect Answer

D New India Assurance Correct Answer Incorrect Answer

E Reliance General Insurance Correct Answer Incorrect Answer

Solution

LIC, General Insurance Corporation of India and New India Assurance are identified as Domestic Systemically Important Insurers (D-SIIs) for 2021-22. D-SIIs refer to insurers of such size, market importance and domestic and global inter connectedness, whose distress or failure would cause a significant dislocation in the domestic financial system.

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