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Ref. No:IRDAI/F&I/CIR/INV/81/04/2022 Date:29-04-2022
Exposure of Insurers to Financial and Insurance Activities

 

 

 

REF: IRDAI/F&I/CIR/INV/81/04/2022                                            Date: 29th April, 2022

 

CIRCULAR

 

Exposure of Insurers to Financial and Insurance Activities

 

The Authority in exercise of its powers conferred under Regulation 14(2) of the IRDAI (Investment) Regulations, 2016, permits all Insurers to have exposure to Financial and Insurance activities (as per section K of NIC classification) up to 30% 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.

 

 

Sd/-

(M S Jayakumar)

GM-Investments

 

 

 

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