Circular on exposure of insurers to financial and insurance activities (dated -29.04.2022) – IRDAI.
View PdfCircular on exposure of insurers to financial and insurance activities (dated -29.04.2022) – IRDAI.
- The Authority in exercise of its powers conferred under Regulation 14(2) of the IRDAI (investment) Regulations, 2016, permits all insurers to have exposure toFinancial and insurance activities (asper section K of NIC classification) up to 300/o of investment assets’ Accordingly, the limit of 25% of investment Assets mentioned in Note no. 8 to Reg, 9 of IRDAI (investment) Regulations, 2016 stands revised to a limit of 30% of investment Assets, refer attachment for further details.