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Insurance Regulatory and Development Authority (Actuarial Report and Abstract) Regulations, 2000 Regulation 3

Title: Regulation 3 Procedure for Preparation of Actuarial Report and Abstract

State: Central

Year: 2000

Matched in: Title Regulation 3 Procedure for Preparation of Actuarial Report and Abstract

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Insurance Regulatory and Development Authority (Actuarial Report and Abstract) Regulations, 2000 Regulation 4

Title: Regulation 4 Requirements Applicable to Abstracts and Statements

State: Central

Year: 2000

(1) Abstracts and statements shall be prepared separately in respect of- (a) Linked Business; (b) Non-Linked Business; and (c) Health

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Insurance Regulatory and Development Authority (Actuarial Report and Abstract) Regulations, 2000 Complete Act

State: Central

Year: 2000

and commencement Regulation2 - Regulation 2 Definitions Regulation3 - Regulation 3 Procedure for Preparation of Actuarial Report and Abstract Regulation4 - Regulation 4 Requirements Applicable to Abstracts and Statements Regulation5 - Regulation 5 Returns on assets Regulation6

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Insurance Regulatory and Development Authority (Actuarial Report and Abstract) Regulations, 2000 Regulation 1

Title: Regulation 1 Short title and commencement

State: Central

Year: 2000

(1) These regulations may be called the Insurance Regulatory and Development Authority (Actuarial Report and Abstract) Regulations, 2000. (2) They shall come into force from the date of their publication in the official Gazette.

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Insurance Regulatory and Development Authority (Actuarial Report and Abstract) Regulations, 2000 Regulation 2

Title: Regulation 2 Definitions

State: Central

Year: 2000

valuation date of that valuation from the valuation date of the preceding valuation in connection with which an abstract was prepared under the Act under the enactments repealed by the Act, or, in a case where no

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Insurance Regulatory and Development Authority (Actuarial Report and Abstract) Regulations, 2000 Regulation 5

Title: Regulation 5 Returns on assets

State: Central

Year: 2000

(1) The average gross rates of interest yielded by the assets may be determined expressing the investment income as percentage of the mean fund. (i = 2 x I/(A + B-I); where is the gross yield;...

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Insurance Regulatory and Development Authority (Actuarial Report and Abstract) Regulations, 2000 Regulation 6

Title: Regulation 6 Distribution of surplus

State: Central

Year: 2000

The basis adopted in the distribution of surplus as between the share-holders and the policy-holders, and whether such distribution was determined by the instruments constituting the company, or by its regulations or by-laws or how otherwise...

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Insurance Regulatory and Development Authority (Actuarial Report and Abstract) Regulations, 2000 Regulation 7

Title: Regulation 7 Principles adopted in distribution of profits

State: Central

Year: 2000

The general principles adopted in distribution of profits among policy-holders, including statements on following points, shall be furnished:- (i) Whether the principles were determined by instruments constituting the insurer, or by its regulations or by-laws or...

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Insurance Regulatory and Development Authority (Actuarial Report and Abstract) Regulations, 2000 Regulation 8

Title: Regulation 8 Statement of composition of surplus and distribution of surplus in respect of policy-holders' funds

State: Central

Year: 2000

A statement, showing total amount of surplus arising during the inter-valuation period, and the allocation of such surplus, shall be furnished separately for participating business and for non-participating business, with the particulars as mentioned below:- Composition...

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Insurance Regulatory and Development Authority (Actuarial Report and Abstract) Regulations, 2000 Regulation 9

Title: Regulation 9 Negative Reserves and Guaranteed Surrender Value Deficiency Reserves

State: Central

Year: 2000

A brief description of treatment adopted for negative reserves and guaranteed surrender value deficiency reserves shall be furnished.

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