To

The CEOs of All Insurers

Dear Sir,

Public Disclosures by Insurers

The Authority had issued the Exposure Draft on Public Disclosures by the Insurance Companies on 8th October, 2009 inviting comments from all stakeholders.

The Authority has received responses from various entities. The responses have been examined in detail and have been considered where ever found suitable. The Public Disclosures to be made by the Insurers have now been finalized based on the requisite modifications and are placed at Annexure I. It may be observed that the companies are required to take necessary action to ensure that the compliance of the circular is in place latest from period ending 31 st March, 2010.

Insurers may also note that they need to host on their website the disclosures for a minimum period of 5 years under archives latest by 15 th April, 2010.

Yours faithfully,

(A Giridhar)

Executive Director