Sub: Extension of time limit applicable to
Public Disclosures on websites
Authority has issued directions vide circular ref.
IRDA/F&I/CIR/F&A/012/01/2010 dt. 28th January 2010 for hosting the
financial and other information in specified formats on the respective websites
by insurers. Similarly, the Authority has also mandated insurers to furnish
various online returns and financial information through the BAP Portal.
view of the lockdown and restrictions imposed to contain the spread of the
COVID 19 pandemic, the Authority had already extended the time limit for
furnishing various returns and reporting compliances by insurers, vide circular
ref. IRDAI/Life/Cir/Misc/079/04/2020 dt. 4th April, 2020 to mitigate any
hardships. The time limit for furnishing all quarterly, half-yearly and annual
returns for the period ending on 31.03.2020 has been extended by 30 days.
is hereby clarified that the time limit for ensuring compliance with the
directions regarding Public Disclosures on websites by insurers for the period
ending 31st March 2020 is also extended by 30 days.
insurers are advised to adhere to directions regarding the time limits and
ensure regulatory compliance.