https://www.taxtmi.com/news?id=15296 The Regulations require insurers to converge to Ind AS with specified modifications, mandating standardized formats for Revenue Account, Profit & Loss and Balance Sheet (including separate linked/segregated fund statements and consolidated financials), distinct valuation rules for investments, loans and real estate, actuarial certification of life and long tail liabilities, expensing of acquisition costs, and comprehensive disclosure, management report and auditor reporting obligations; the Authority retains power to issue further directions on reserve releases, auditor appointment and impairment guidance. en-us Tue, 08 Dec 2015 15:14:21 +0530 Wed, 11 Feb 2026 15:56:44 +0530 TaxTMI RSS Generator https://www.taxtmi.com/news?id=15296 The Regulations require insurers to converge to Ind AS with specified modifications, mandating standardized formats for Revenue Account, Profit & Loss and Balance Sheet (including separate linked/segregated fund statements and consolidated financials), distinct valuation rules for investments, loans and real estate, actuarial certification of life and long tail liabilities, expensing of acquisition costs, and comprehensive disclosure, management report and auditor reporting obligations; the Authority retains power to issue further directions on reserve releases, auditor appointment and impairment guidance. News - Tue, 08 Dec 2015 15:14:21 +0530 https://www.taxtmi.com/news?id=15296