Examples of IRDAI Regulations in a sentence
In determining the value of the Fund(s), the investments and other assets of the Fund(s) shall be valued at such values in accordance with the IRDAI Regulations/ Directions prevailing at that time.
The details of the Fund are as follows: Fund OptionsInvestment ObjectiveRisk-Return ProfileDebt (Including Money Market Instruments)* * The asset categories under the Discontinued Policy Fund may vary in future in line with relevant IRDAI Regulations.
We shall select the underlying investments of each Segregated Funds at Our sole discretion subject to the investment objective of the respective Funds as per Clause 2 above and the IRDAI Regulations on investment of the Funds.
The authority shall declare this policy void, if in its opinion this policy is granted in violation of any of its guidelines and other IRDAI Regulations.
All Directors of the Company have confirmed that they satisfy the “Fit and Proper” criteria as prescribed under the IRDAI Regulations.
The said Policy inter alia defines the investment objectives and processes across funds, and covers all the aspects related to investments, as defined by the IRDAI Regulations – Fund Management Strategies, Prudential Exposure limits, Securities Trading limits, Management of Investment risks, etc.
The payment of such default interest shall be subject to the approval of IRDAI and compliance of Applicable Law, including without limitation, the IRDAI Regulations and the conditions stipulated under the IRDAI approval letter dated June 21, 2021.
The asset categories under the Discontinued Policy Fund may vary in future in line with relevant IRDAI Regulations.
IRDAI Regulations provide, amongst other obligations, that insurers follow certain practices at the point of sale of the insurance policy to ensure that the insured can understand the terms of the policy properly.
Delhi High Court WPC No: 5486 of 2020 agnst IRDAI Regulations 2020-Shri.