IRDAI issued Circular dated 4th June 2020 extending the timeline for Insurers to make Public Disclosures on financial and other matters (Balance Sheet, Profit & Loss Account, Revenue Account and Key Analytical Ratios) on the Organisation’s website for Quarter ending March 2020 as required by previously issued Circular No. IRDA/F&I/CIR/F&A/012/01/2010 titled “Public Disclosures by Insurers” (attached). It is clarified that the time limit for ensuring quarterly compliance with the Circular No. IRDA/F&I/CIR/F&A/012/01/2010 regarding Public Disclosures on websites by Insurers for the period ending 31st March 2020 has been extended by 30 days.
Source: Insurance Regulatory and Development Authority of India
