Finance and Accounts
- Chairman and Members of Authority
- Profile of Top Management
- Appointment Notification of Members
- Regulations
- Minutes of Authority Meetings
Function of department or division
- IRDAI Accounts
- Actuarial
- Administration
- Agency Distribution
- Communication
- Board Secretariat
- Enforcement
- Finance and Accounts
- Health
- HR
- Information Technology
- Supervision
- Insurance Marketing Firm
- Intermediaries
- Investment
- Legal
- Life
- Non-Life
- Policyholders Protection and Grievance Redressal
- Re-insurance
- Insurance Inclusion and Development
- Surveyors
- Vigilance
- Mission Statement
- Duties and Responsibilities
- Composition of Authority
- Organogram
- Directory of employees
- Address for communication
- List of Holidays
- Careers
- Rosters
- Organisational Matters
- Vigilance
-
Function of department or division
- IRDAI Accounts
- Actuarial
- Administration
- Agency Distribution
- Communication
- Board Secretariat
- Enforcement
- Finance and Accounts
- Health
- HR
- Information Technology
- Supervision
- Insurance Marketing Firm
- Intermediaries
- Investment
- Legal
- Life
- Non-Life
- Policyholders Protection and Grievance Redressal
- Re-insurance
- Insurance Inclusion and Development
- Surveyors
- Vigilance
- Former Chairmen/Members
Functions and Responsibilities of Finance and Accounts Department
- Process the requests of Insurers for:
- Transfer of shares/ change in Shareholding
- Amalgamation and mergers and Arrangements of Life Insurers
- Appointment of Nominee Directors of Agents, Intermediaries on the Board of Insurers (48A)
- Issuance of other forms of capital and payment of Interest thereon
- Processing of new Insurer Registration application
- IPO, Offer for Sale(OFS) applications
- Monitor compliance of Insurers with Corporate Governance stipulations, Public Disclosures and Stewardship Code.
- Monitoring status of foreign investment limits of insurers
- Receipt and Validation of the F&A Returns furnished by the insurers periodically.
- Consolidation of various returns, such as Shareholding pattern, Unclaimed Amounts of Policyholders, etc.
- Review of Act, Regulations, Circulars, Guidelines, reporting formats, etc. and initiating changes, wherever necessary
- Off-site Monitoring and review of financial statements and reports furnished by insurers.
- Co-ordination with other financial sector regulators
- MD/CEO Remuneration Guidelines and related references
- Monitoring of appointment of Statutory and other Auditors
- Data inputs for Annual Report, Handbook on Statistics, Committees, Govt of India, etc.
- Attending RTI requests & Parliament Questions pertaining to F&A Department
- Inputs to other departments, wherever necessary.
- Inputs to the Government regarding Direct/ Indirect Tax proposals and FDI Policy.
- Misc. matters pertaining to F&A Department