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May 13th, 2016, 02:04 PM
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IRDA Valuation Guidelines
Hi buddy here I have come to get IRDA Investment valuation Guidelines, so if you know about its , tjen plz let me know ?? As you asking for IRDA Investment valuation Guidelines, so on your demand here I am telling about its Guidelines - INV/GLN/003/2003-04 Market Value - Basis For Form-3A / FORM-3B, following shall, without prejudice to Section 27A, 27B of the Insurance Act, 1938 and Insurance Rules, 1939 be the basis for arriving at the "Market Value" of Investment to be furnished in FORM-3A (Investment of Controlled Funds) and FORM-3B (Investment of Total Assets) on a Quarterly Basis. S.NO PARTICULARS CAT CODE MARKET VALUE BASIS FOR FORM-3A, FORM-3B A CENTRAL GOVERNMENT SECURITIES A1 Central Government Bonds CGSB As per the valuation of FIMMDA (Fixed Income Money Market and Derivative Association of India ) A2 Central Government Guaranteed Loans CGSL As per the valuation of FIMMDA A3 Special Deposits CSPD At Cost A4 Deposit under Section 7 of Insurance Act, 1938 CDSS As per the valuation of FIMMDA A5 Treasury Bills CTRB Discounted at Market Yield as on the date of Reporting B STATE GOVERNMENT / OTHER APPROVED SECURITIES / OTHER GUARANTEED SECURITIES B1 State Government Bonds SGGB Value as per FIMMDA if rated. If not, valued a applicable Market Yield rates published as per reputed Rating Agency B2 State Government Guaranteed Loans SGGL Value as per FIMMDA if rated. If not, valued a applicable Market Yield rates published as per reputed Rating Agency IRDA Investment valuation Guidelines Last edited by Neelurk; June 8th, 2020 at 09:41 AM. |
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