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Mahesh   26 December 2017

Fema_gim guideline_issue policy in usd

Whether Indian general insurance companies are allowed to issue policy (non marine) in USD where premium is received in INR ? payment is not through any USD account?

Please let me know whether any Foreign Exchange Management (Insurance) Regulations or General Insurance in India (GIM) guideline is there.

i will appreciate any assistance on this.



Learning

 1 Replies


(Guest)

Sir, this is Balachander Reddy, Advocate and legal advisor.Plz do inbox all material facts socthat appropriate legal opinion can be rendered.

Regards,

Adv.Balachander Reddy,B.Com (Insurance),LL.B,LL.M

 


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