Time limit for filing Returns under Regulation 21 of IRDAI (Insurance Sur

To ~l(a1'-4 it1TT ~Pi'-41'1cfi afu: ffl ~ INSURANCE REGULATORY AND ir.iai DEVELOPMENT AUTHORITY OF INDIA CIRCULAR Ref: I RDA/SUR/CI R/M ISC/222/09/2017 21st September,2017 All General Insurers Re: Time limit for filing Returns under Regulation 21 of IRDAI (Insurance Surveyors and Loss Assessors) Regulations, 2015 Attention is drawn to the provisions of IRDAI {IIISLA) Regulations, 2015 wherein insurers are required to submit the Annual policy and Quarterly/Halfyearly returns. In this regard, insurers are advised to submit the documents as per the following time frame. Sr.No Name of the Report Time Limit Reg. Within 90 days 21(1) Copy of the Annual Policy formulated by the Company from the beginning of the FY Reg. Quarterly report on misconduct of licensed surveyors Within 45 days 21(3) from the end of quarter Reg. Half Yearly report on claims Within 45 days 21(4) From the end of half year It is also clarified that even if there is no change in the policy, the Authority should be informed within the time limit prescribed to be in compliance with the above said Regulations. lffe.131lJ 'q'<R, cfu:1-u <f(iJ, or~fir-rrrr, ~ - 500 004. 'l:lmf ()): +91-40-2338 1100/300, ~ : +91-40-6682 3334 ~: www.irdai.gov.in ~mlJL-- (Suresh M athur) Executive Director Parisharam Bhavan, 3rd Floor, Basheer Bagh, Hyderabad - 500 004. India. ()) : +91-40-2338 1100/300, Fax: +91-40-6682 3334 Website : www.irdai.gov.in