FINANCE & ACCOUNTS (LIFE)

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FAQs

Company wise details of ‘premium income and share capital’ of all Life Insurance Companies are available in Annual Reports of IRDAI. The same can be accessed through the following link:- Click Here

Company wise details of ‘commission expenses, operating expenses, benefits paid of all Life Insurance Companies are available in the Handbook on Indian Insurance Statistics of IRDAI. The same can be accessed through the following link:- Click Here

The company-wise details of Net Profit/Loss of Life Insurance Companies are available in the Handbook on Indian Insurance Statistics of IRDAI. The same can be accessed through the following link:- Click Here

The details of the Revenue Account and the Profit & Loss Account of Life Insurance Companies are available in the Handbook on Indian Insurance Statistics of IRDAI. The same can be accessed through the following link:- Click Here

The company-wise details of Unclaimed Amount of Life Insurance Companies are available in the respective insurance company’s website under Public Disclosure. The same can also be accessed through the following link: - Click Here

The process of management of unclaimed amount, accounting, disclosure requirement etc. in respect of unclaimed amount of policyholders has been described in the master circular issued by the Authority on July 25, 2017. The Master Circular can also be accessed through the following link:-Click Here

The proportion of investment of Indian Promoter and Foreign Promoter of all Life Insurance Companies are available in the Annual Reports of the IRDAI. The Annual Reports of IRDAI can be accessed at: Click Here

The requirement/criteria for setting-up an insurance company is governed by the IRDAI (Registration of Indian Insurance Companies) (Seventh Amendment) Regulations, 2016 and the relevant provisions of Insurance Act, 1938. The said regulations can be accessed through Click Here.