The Insurance Regulatory and Development Authority of India (IRDAI) notified the obligatory cession for the financial year 2026-27. As per the Gazette notification, the percentage cession of the sum ...

Kenya Reinsurance Corporation (Kenya Re) is poised for higher revenues following the gazettement of new regulations requiring insurers to cede a quarter of their general insurance business to the ...

The regulator has proposed the upward revision to the cession limit, the part of risk passed to a re-insurer by an insurance company, after taking the insurance industry's views into consideration.