The International Financial Services Centres Authority (IFSCA) on April 27, 2023, received comments/views from the public on the draft IFSCA (Assets, Liabilities, Solvency Margin and Abstract of Actuarial Report for Life Insurance Business) Regulations, 2022 dated December 29, 2022.
The comments/suggestions/ Suggested modifications have been provided in the table.
The comments were considered suitable and the revised draft of the IFSCA (Assets, Liabilities, Solvency Margin and Abstract of Actuarial Report for Life Insurance Business) Regulations, 2023 was placed before the Authority in its meeting held on March 24, 2023.