Dear Sir
Annual exercise of identifying DSI based on size , global activity, interconnectedness, asset liquidation and substitutability, DSI identified for FY 2025 2026 Life Insurance Corporation of India, New India Assurance co ltd, General Insurance Corporation of India IRDAI actuarial finance investment functions insurers amendments 2026 INDAS implementation for insurers structural reform to align financial reporting of insurers with globally accepted accounting standards substantially converged with international financial reporting standards, INDAS transition improve global comparability of financial statement Indian insurers, facilitate informed assessment of finance performance and risk exposure by investors and analyst and standardization of reporting practice credit assessment rating agencies, insurers taken gap assessment system upgrade and capacity building, INDAS implementation from 1/4/26 for all insurers with transition parallel reporting for period of two years, forbearance period granted for one year request made before 30/4/26 Section 16A of IRDAI Act, 1999 inserted videsection 93 of the Sabka Bima Sabki Raksha (Amendment of Insurance Laws) Act,2025 Policy Holder Education Protection Fund to be utilized for education and protection of policy holders, transfer initial Grant of ₹ 800 crore from the current balance in the IRDAI General Fund to the PEPF URL Link: https://irdai.gov.in/web/guest/document-detail?documentId=9609849 warm regards dhawal kmi Warm regards Dhawal Ganatra Financial Analyst Krish Mark Infotech (India) Pvt. Ltd., 804, B – Wing, 8th Floor, Technocity IT Park, Plot – X-4/1 & X-4/2, Above IDBI Bank, Near Millennium Business Park, Mahape, Navi Mumbai – 400710 Cell: +91-8454894384 kmiLogo (2) -- Disclaimer: 1. Contents of the mails, factual, or otherwise, reflect the thinking of the person sending the mail and AI in no way relates itself to its veracity; 2. AI cannot be held liable for any commission/omission based on the mails sent through this mailing list.. Search for old postings at: http://www.mail-archive.com/[email protected]/ --- You received this message because you are subscribed to the Google Groups "AccessIndia" group. To unsubscribe from this group and stop receiving emails from it, send an email to [email protected]. To view this discussion visit https://groups.google.com/a/accessindia.org.in/d/msgid/accessindia/CAMR84OkDc0vgO6LNTaHwVC0G9N-7jYLQbDqp%2BzSCJ0EkCKT_0g%40mail.gmail.com.
