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UIIC AO Intermediaries — Statistics — practice questions

Explore 1 free Intermediaries — Statistics questions in UIIC AO Insurance. Open each question or exercise to read its content, reference answers and available explanation.

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By end of 2013, how many corporate agents were offering insurance services per the IRDA brochure?Read the answer and worked solution →

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By end of 2013, how many corporate agents were offering insurance services per the IRDA brochure?

  1. 98
  2. 346
  3. 21.22 lakh
  4. 739
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Correct answer: D. 739

1. The IRDA brochure reports intermediary statistics at end of 2013. 2. Life insurance agents were 21.22 lakh, brokers were 346. 3. Corporate agents numbered 739 (per the brochure). _Source: IRDA Brochure (irdai.gov.in — official IRDAI publication) — "By end of 2013, the industry witnessed presence of 21.22 lakh life insurance agents, 739 corporate agents and 346 brokers offering insurance services."_

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Insurance IntermediariesInsurance Penetration and DensityInsurance Repository SystemIRDA Brief HistoryComposition of IRDAFinancial EducationFormation of IRDAGrievance Redressal