Question
Which of the following is not one of the Domestic
Systemically Important Insurers (D-SIIs) for 2021-22?Solution
Insurance Regulatory and Development Authority of India (Irdai) has stated that LIC, GIC Re and New India continue to be 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 interconnectedness, whose distress or failure would cause significant dislocation in the domestic financial system. Â
Statements:
D ≥ E < S; P ≤ Y ≤ E
Conclusions:
I) D > P
II) P = D
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