The Insurance Regulatory and Development Authority of India (IRDAI) on May 17, 2024, issued the Master Circular on Actuarial, Finance and Investment Functions of Insurers.
This Master Circular provides necessary guidance on aspects pertaining to various provisions of the IRDAI (Actuarial, Finance and Investment Functions of Insurers) Regulations, 2024 and is applicable to all insurers including those engaged exclusively in the reinsurance business, unless otherwise specified.
This Master Circular shall be reviewed every year unless review or repeal is warranted earlier.
The Returns and Reports referred to under this circular shall be submitted as per the provisions herein and the master circular on submission of returns.
Kindly find the detailed master circular attached to the document given below.
[Circular No. IRDAI/ACTL/CIR/MISC/80/05/2024]
