IRDAI Notifies IRDAI (Actuarial, Finance and Investment Functions of Insurers) Regulations, 2024
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- Last Updated on 30 March, 2024
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Notification F. No. IRDAI/Reg/10/204/2024, Dated: 20-03-2024
The IRDAI has notified the IRDAI (Actuarial, Finance and Investment Functions of Insurers) Regulations, 2024. The objective of these regulations is to ensure the protection of policyholders’ interests and to facilitate ease of doing business. These regulations apply to all insurers including those engaged exclusively in reinsurance business. They specify norms w.r.t principles governing actuarial, finance and investment functions of insurers, and definitions applicable to life insurers and general insurers.
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