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annual report 2008-09 - IRDA

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ANNUAL REPORT <strong>2008</strong>-<strong>09</strong><br />

ANNEX IX<br />

CIRCULARS / ORDERS / NOTIFICATIONS ISSUED BY THE AUTHORITY SINCE APRIL <strong>2008</strong><br />

Sl. No. Ref. No. Date of Issue Subject<br />

1 001/<strong>IRDA</strong>/ACTL/CIR/APR-08 4/4/08 Publication of NAV on daily basis on the insurers<br />

website<br />

2 002/<strong>IRDA</strong>/GIC/NL/MAY-08 5/12/08 General Insurance Council Regulations, <strong>2008</strong><br />

3 003/<strong>IRDA</strong>/NL/NOV-06 5/14/08 Induction of Sri B D Banerjee as Member on the<br />

Consultative Committee in place of Sri GV Rao<br />

4 <strong>IRDA</strong>/NL/F&U/005/MAY08 5/14/08 Freedom in respect of terms and conditions of nonlife<br />

products<br />

5 006/<strong>IRDA</strong>/ORD/LIFE.INS.COUNCIL/JULY, <strong>2008</strong> 7/4/08 Induction of Sri Kunnel Prem as Member on the<br />

Executive Committee of Life Insurance Council<br />

in place of Sri CR Muralidharan<br />

6 007/<strong>IRDA</strong>/HEALTH/SN/JUL08 7/14/08 Calculation of Premium for Health Insurance<br />

Policies - Calculation of completed age<br />

7 0<strong>09</strong>/<strong>IRDA</strong>/F&A/AUG-08 8/13/08 Deferment on Authority’s direction on valuation<br />

of debt securities at the lower of the amortized<br />

cost and the market value for computation of<br />

solvency margin<br />

8 010/<strong>IRDA</strong>/CIR/HEALTH/SC/AUG-08 8/19/08 Setting of separate channel for senior citizens by<br />

all insurers & TPAs<br />

9 011/<strong>IRDA</strong>/BROK/COMM/AUG-08 8/25/08 Limits of Payment of Commission or Brokerage<br />

on general insurance business w.e.f. 1.10.<strong>2008</strong><br />

10 INV/LTR/012/<strong>2008</strong>-<strong>09</strong> 12/5/08 Internal Norms by the insurers in approving debt /<br />

debenture / equity / loan / other inv as approved<br />

by the Board / Investment Committee<br />

11 013/<strong>IRDA</strong>/ATI/CIR/OCT-08 10/6/08 Accreditation and renewal of Agents Training<br />

Institutes - Blanket approval till 31.12.<strong>2008</strong><br />

12 15/<strong>IRDA</strong>/ORD/OCT/08-<strong>09</strong> 10/10/08 Remmitance of Agency / Corporate Agency Fee<br />

13 018/<strong>IRDA</strong>/ORD/OCT-<strong>2008</strong> 10/17/08 Remmitance of fee for Renewal of Certificate of<br />

Registration<br />

14 019/<strong>IRDA</strong>/NL/F&U/OCT-08 11/6/08 File & Use Guidelines for General Insurance<br />

Products - Relaxation in Terms & Conditions of<br />

Coverage<br />

15 021/<strong>IRDA</strong>/HI/HDFG/08-<strong>09</strong> 11/14/08 Submission of Half Yearly Electronic Returns in<br />

respect of Health Ins. Business<br />

16 022/<strong>IRDA</strong>/MAML/NOV 08 11/24/08 Master Circular on Anti-Money Laundering Prog.<br />

For Insurers<br />

171

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