dr qrrfu *{r ftftqrr{ *r fotrfi flfur{q Il] rusuRANcE REGULAToRY AND irJoi oeveLOPMENT AUTHoRITY oF INDIA REF: I RDAI/F&l/ClR/lNV/81/04/2022 Date: 29th April, 2022 CIRCULAR The Authority in exercise of its powers conferred under Regulation 14(2) of the IRDAI (lnvestment) Regulations, 2016, permits all lnsurers to have…
dr qrrfu *{r ftftqrr{ *r fotrfi flfur{q Il] rusuRANcE REGULAToRY AND irJoi oeveLOPMENT AUTHoRITY oF INDIA REF: I RDAI/F&l/ClR/lNV/81/04/2022 Date: 29th April, 2022 CIRCULAR The Authority in exercise of its powers conferred under Regulation 14(2) of the IRDAI (lnvestment) Regulations, 2016, permits all lnsurers to have exposure to Financial and lnsurance activities (as per section K of NIC classification) up to 300/o of lnvestment assets' Accordingly, the limit of 25% of lnvestment Assets mentioned in Note no. 8 to Reg,9 of IRDAI (lnvestment) Regulations, 2016 stands revised to a limit of 30% of lnvestment Assets. sd/- (M S Jayakumar) GM-lnvestments q* ? 'l'l 5/1, qrt+fl'gIq-{ EE€ ilna'TqrlEr, +a.Erq-500 032, grr{ I survey No. t15i 1, Financiat Districl. Nanakramguda, Hyderabad-soo 032, lndia f) : +9140-2020 4000 &rrB-c ' www.irdai.govin I o : +91-40-2020 4000 website , wwwirdai.gov.in Exposure of lnsurers to Financial and lnsurance Activities
Research the source law
This record is not yet linked to a specific provision. Browse the law library, choose the affected provision and ask against the exact statutory text.
Browse source laws