In exercise of the powers conferred by Sub section 2 and 4 of the Section 101A of the Insurance Act, 1938, the Authority, after consultation with the Advisory Committee,

REGD. No. D. L.-33004/99 The Gazette of India CG-TL-E-19062026-273650 EXTRAORDINARY PART III—Section 4 PUBLISHED BY AUTHORITY No. 406] NEW DELHI, THURSDAY, JUNE 18, 2026/JYAISTHA 28, 1948 INSURANCE REGULATORY AND DEVELOPMENT AUTHORITY OF INDIA NOTIFICATION Hyderabad, the 15th June, 2026 F. No. IRDAI/RI/5/219/2026.—In exercise of the powers conferred by Sub-section (2) and (4) of the Section 101A of the Insurance Act, 1938, the Authority, after consultation with the Advisory Committee, constituted under section 101B of the Insurance Act, 1938 and with the previous approval of the Central Government, hereby makes the following amendment to the para No.2 of Notification F. No. IRDAI/RI/3/217/2026 dated 9th April, 2026 issued on "Obligatory Cession for the financial year 2026-27". For the existing Para No.2, the following shall be substituted, namely: Percentage of Cession: The percentage cession of the sum insured on each General Insurance Policy to be reinsured with the Indian Re-insurer(s) shall be 4% (four percent) in respect of insurance attaching during the financial year beginning from 1st April, 2026 to 31st March, 2027, except the premium ceded to Terrorism pool, Nuclear pool and Bharat Maritime Insurance Pool wherein it would be made 'NIL'. The entire Obligatory Cession is to be placed with General Insurance Corporation of India (GIC Re) only. J. MEENA KUMARI, Executive Director [ADVT.-III/4/Exty./175/2026-27]