IRDAI vide circular dated 17th May, 2024 has issued a 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 applicable to all insurers including those engaged exclusively in 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 under this circular shall be submitted as per the provisions of the master circular on submission of returns.
