Supreme Court: Asking a Woman to Adjust in Marriage Does Not Amount to Cruelty By In-Laws || Supreme Court Reiterates That Police Must Obtain Magistrate’s Permission For Further Investigation || Supreme Court Upholds GST on Online Gaming, Ruling it Falls under Betting and Gambling || Supreme Court: ECI Can Examine Citizenship For Electoral Rolls, But its Ruling is Not Final || Supreme Court: Centre Must Consider State’s Views Before Rejecting All India Services Officer's VRS || Madras High Court Bans Cow and Calf Slaughter For Bakrid, Saying it is Not an Essential Sacrifice || Gauhati High Court: Confessions under Section 164 CrPC are Inadmissible if Police are Present || Delhi HC: On-Duty Driver is Entitled to Compensation Unless Murder Was Personal and Targeted || SC: High Courts Exercising Probate Jurisdiction Can Order Probes Into Estate Irregularities || SC: High Courts Exercising Probate Jurisdiction Can Order Probes Into Estate Irregularities

Implementation of Indian Accounting Standards in insurance sector - (01 Mar 2016)

MANU/IRDA/0006/2016

Insurance

The Ministry of Corporate Affairs advised Insurers to follow Indian Accounting Standards notified under the Companies (Indian Accounting Standards) Rules, 2015, in the specified manner. Insurers shall assess the impact of the Ind AS implementation on their financial position including the adequacy of capital, taking into account the solvency regulations requirements and place quarterly progress reports to their Boards.

Relevant : Circular on Public Disclosures by Insurers MANU/IRDA/0006/2010

Tags : INSURANCE SECTOR IND AS

Share :