Assets, Liabilities, and Solvency Margin of General Insurance Business Regulations, 2016

By | May 18, 2016
(Last Updated On: May 18, 2016)

INSURANCE REGULATORY AND DEVELOPMENT AUTHORITY OF INDIA

NOTIFICATION

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.

 

Category: IRDA

About CA Satbir Singh

Chartered Accountant having 12+ years of Experience in Taxation , Finance and GST related matters and can be reached at Email : Taxheal@gmail.com

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