Please find the process details function wise. The list of functions is taken from the already shared documents to RTI cell and same is available in web site at present:

1. Formulation and amendment of regulations/legislations pertaining to Actuarial matters:It will be in accordance with the process laid down under the Insurance Regulatory and Development Authority Act, 1999. The referred act can be accessed at . https://www.irdai.gov.in/

2. To coordinate with Institute of Actuaries of India in bringing out Guidance Notes to be issued in concurrence with the Authority to enable suitable and necessary practices to evolve:The mortality table and other relevant guidance notes if any, in concurrence with the Authority can be obtained from the official website of Institute of Actuaries of India may be visited athttp://www.actuariesindia.org/.

3. Examining with reference to various actuarial related aspects such as Capital Adequacy & Validity of Assumptions for facilitating Registration of all Insurance Companies: It will be in accordance with the process laid down under the prevailing Insurance Regulatory and Development Authority of India (Registration of Indian Insurance Companies), Regulations, as amended time to time. The referred regulation can be accessed at https://www.irdai.gov.in/.

4. Approval of Appointment of Appointed Actuary and related information: It will be in accordance with the process laid down under the Insurance Regulatory and Development Authority of India (Appointed Actuary) Regulations, 2017 and subsequent guideline issued time to time in this regard. The referred regulation and guidance can be accessed at https://www.irdai.gov.in/.

5. Product Filing & Approval Process involving design acceptability, assumptions and pricing validation, financial viability, reinsurance arrangement: Life Product filing & approval process is laid down under circular Ref: IRDAI/ACT/CIR/MISC/124/07/2019 and circular Ref: IRDAI/ACT/CIR/MISC/125/07/2019 dated 26.07.2019. Life insurance products are required to be in compliance with IRDAI (Non-Linked Insurance Products) Regulations, 2019 and IRDAI (Unit Linked Insurance Products) Regulations, 2019. The referred circular/regulation can be accessed at https://www.irdai.gov.in/.

6. Allotment of UIN for all life insurance product and uploading the product list in the web portal: Allotment of UIN is being done electronically. The list of life products can be accessed at https://www.irdai.gov.in/.

7. Examining of the following reports submitted by the insurance companies: