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Ref: IRDAI/ACTL/CIR/MISC/80/05/2024Date: 17th May, 2024To all insurers Subject: Master Circular on Actuarial, Finance and Investment Functions of Insurers 1. This Master Circular is issued under the provisions of Section 34 of the Insurance Act, 1938 and Section 14 of the IRDA Act, 1999 read with Regulation 7 of the IRDAI (Actuarial, Finance and Investment Functions of Insurers) Regulations, 2024. 2. This Master Circular provides necessary guidance on aspects pertaining to various provisions of
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To all insurers is a term that refers to a specific communication or report that is sent to all insurance companies, typically pertaining to regulations, guidelines, or relevant company information.
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The purpose of to all insurers is to ensure transparency, regulatory compliance, and to provide relevant information that impacts the insurance industry as a whole.
Information that must be reported includes financial data, policyholder statistics, claims information, regulatory compliance details, and any other relevant operational data as required by authorities.
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