Circular

May 13 , 2010

Ref: IRDA/ACTL/CIR/MISC/081/05/2010

To

CEOs of all Non-Life Insurance Companies

 Sub: Financial Condition Report for Non-Life Insurance Companies.

Enclosed is the format (.doc / .pdf )of the Financial Condition Report for Non-life Insurance Companies. This report is to be submitted annually starting form March 2010. For the year ending March 2010, this report shall be submitted on or before September 30, 2010.

Appointed Actuaries have to prepare this report on the basis of data provided and discussions he / she might have with other officials in the company.

If any clarification is required, an email can be sent to ‘ janita@irda.gov.in ’ or ‘ mbvn.murthy@irda.gov.in ’.

On the basis of the experience gathered, this format will be reviewed by end January 2011, if required.

sd/-
(R. Kannan)
Member (Actuary)

 

 



     


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