https://www.taxtmi.com/notifications?id=147006 International Financial Service Centre Insurance Offices conducting general, health or re-insurance business must file prescribed statements of admissible assets, liabilities and solvency margin, together with an annual actuarial report and certified valuations. Technical reserves must comprise premium and claims reserves, including UPR, PDR, OCR and IBNR components. Available Solvency Margin is determined from adjusted assets and liabilities, while Required Solvency Margin is the higher of premium-based and incurred-claims-based measures. The control level requires a minimum solvency ratio of 150%. en-us Wed, 19 Apr 2023 00:00:00 +0530 Mon, 21 Sep 2026 15:02:47 +0530 TaxTMI RSS Generator https://www.taxtmi.com/notifications?id=147006 International Financial Service Centre Insurance Offices conducting general, health or re-insurance business must file prescribed statements of admissible assets, liabilities and solvency margin, together with an annual actuarial report and certified valuations. Technical reserves must comprise premium and claims reserves, including UPR, PDR, OCR and IBNR components. Available Solvency Margin is determined from adjusted assets and liabilities, while Required Solvency Margin is the higher of premium-based and incurred-claims-based measures. The control level requires a minimum solvency ratio of 150%. Notifications Indian Laws Wed, 19 Apr 2023 00:00:00 +0530 https://www.taxtmi.com/notifications?id=147006