Laws and sections by number or title, due dates, pages, and updates.
Non-life insurers and standalone health insurers must submit quarterly, half-yearly, and annual returns through the Business Analytics Project Module within established public disclosure timelines. The filing requirement applies from the December 2015 period onward. Insurers must follow specific timelines for quarters, half years, and annual accounts. This circular comes into force with immediate effect.
What you must do
Key dates
Who is affected
Thresholds
Ask about this circular
वी.आर. अय्यर सदस्य (वित्त एवं निवेश)
V.R. Iyer Member (F&I)
[Image omitted. See the official document.]
भारतीय बीमा विनियामक और विकास प्राधिकरण INSURANCE REGULATORY AND DEVELOPMENT AUTHORITY OF INDIA
Ref: IRDA/F&A/MISC/CIR/ 026/02/2016.
To
CEOs of Non-Life Insurers and Standalone Health Insurers
Date: 10.02.2016
Sub: Submission of returns for F&A Non-Life through the Business Analytics Project (BAP) Module.
Ref: 1. Circular No. IRDA/F&A/MISC/CIR/026/02/2015 dated 05.02.2015 2. Email dated 30.07.2015
Attention of the Insurers is drawn to circular No. IRDA/F&I/CIR/ F&A /012/01/2010 dated 28.01.2010 regarding 'Public Disclosures by Insurers'. As per this circular, timelines for public disclosures are as follows:
All insurers are hereby informed that the above timelines shall also be applicable for filing of BAP Returns. In view of the above, it is directed that all the Non-life Insurers and Standalone Health Insurers shall comply with the provisions of above referred circular in word & spirit and shall file all the quarterly, half-yearly and annual Returns from December 2015 onward within the stipulated time.
In case Insurers require any clarifications, they may contact Ms. Jamuna Choudhary, AD (e-Mail ID - jamunachoudhary@irda.gov.in) under a copy to Mr. Ammu Venkata Ramana, DD (e-Mail ID - ammuvenkat@irda.gov.in).
This circular comes into force with immediate effect.
[Image omitted. See the official document.]
V.R. Iyer Member (F&I)
परिश्रम भवन, तीसरा तल, बशीरबाग, हैदराबाद-500 004, भारत फोन: +91-40-66820965, फैक्स: +91-40-66823334 ई-मेल: vriyer@irda.gov.in वेब: www.irda.gov.in
Parishram Bhavan, 3rd Floor, Basheer Bagh, Hyderabad-500 004, India. Ph: +91-40-66820965, Fax: +91-40-66823334, E-mail : vriyer@irda.gov.in Web: www.irda.gov.in
