Circular regarding discontinuation of monthly solvency returns (dated -12.05.2022) – IRDAI.

  • 13th, May 2022
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Circular regarding discontinuation of monthly solvency returns (dated -12.05.2022) – IRDAI.

  • As the economic situation due to the pandemic is moving towards normalisation, it has been decided to discontinue the filing of monthly solvency returns by the insurers with immediate effect, however the insurers whose solvency margin is less than 1.55 as at the end of any quarter, shall continue to report the monthly solvency position until the solvency position is restored to 1.55, by email at finace-nonlife@irdai.gov.in, refer attachment for further details.
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