Functions and Responsibilities of INVESTMENT Department

IRDAI (Investment) Regulations, 2016 read along with Master Circular and guidelines amended from time to time regulate Insurers’ Investments.

The IRDAI Investment department performs the following functions:

  1. Compliance to Investment Regulations.
  2. Confirming filing of periodical Investment returns.
  3. Issue of Circulars and guidelines on investment related matters.
  4. Providing comments on inspection observations on investment related issues
  5. To process Insurers’ requests for clearing funds under ULIP business.
  6. Replying to queries of Ministry of Finance (MoF), Parliament questions (PQs) & Right to Information (RTIs) matters pertaining to Investment department.