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Five private non-life insurers (per the IRDA brochure) have been granted registration to operate exclusively in which sector?
A{'text': 'Agriculture', 'letter': 'A'}
B{'text': 'Marine', 'letter': 'B'}
C{'text': 'Health', 'letter': 'C'}
D{'text': 'Cyber', 'letter': 'D'}
Answer & Solution
Correct answer: C. {'text': 'Health', 'letter': 'C'}
1. Specialised insurers focus on specific segments.
2. The brochure highlights an exclusive non-life category.
3. Five of the private non-life insurers have been granted registration to operate exclusively in the health sector.
_Source: IRDA Brochure (irdai.gov.in — official IRDAI publication) — "Five of the private non-life insurers have been granted registration to operate exclusively in the health sector."_