Ans. Most of the foreign partners in the Indian market are well-established global insurance players with a proven track record in the business. Some of them have been in the business for almost three hundred years. This amply demonstrates their credibility and stability in the business. All insurance companies in India are regulated by the IRDA which has laid down a very clear criteria defining the manner in which insurance companies can invest your funds. In fact every insurance company needs to have a minimum paid up capital of Rs 100 crore, which acts as a safety net. Further the insurance companies are also required to maintain their solvency margins depending on their volume of business. The minimum solvency margin required to be maintained by any insurer is Rs 50 crores.