INSURANCE REGULATORY AND DEVELOPMENT AUTHORITY OF INDIA
Hyderabad, the 7th April, 2016
Insurance Regulatory and Development Authority of India
(Assets, Liabilities, and Solvency Margin of General Insurance Business) Regulations, 2016
F. No. IRDAI/Reg/7/119/2016- In exercise of the powers conferred by clauses (y), (z), (za) and (zab) of sub- section (2) of section 114A read with Sections 64V and 64VA of the Insurance Act, 1938, (4 of 1938) and section 26 of the Insurance Regulatory and Development Authority Act, 1999 (41 of 1999), the Authority, in consultation with the
Insurance Advisory Committee, hereby makes the following regulations, namely:-
1. SHORT TITLE AND COMMENCEMENT
(1) These regulations may be called the Insurance Regulatory and Development Authority of India (Assets,Liabilities, and Solvency Margin of General Insurance business) Regulations, 2016.
(2) These Regulations shall come into effect from 1st April, 2016.