Disclosures - Policy Holder
Disclosures
The risks faced by an insurance company could affect the interests of the policyholder. With a view to ensuring reliable and timely disclosures for the safety of investors and policyholders, IRDA has laid down public disclosure requirements for all insurance companies with effect from the period ended 31st March, 2010.
Insurers are required to publish their Balance Sheet, Profit & Loss Account, Revenue Account and Key Analytical Ratios on a half-yearly basis through press advertisements and on their website.