Ref: IRDA/F&I/CIR/PBDIS/105/05/2011
Date: 27-05-2011
To
The CEO’s of all Insurance Companies and Reinsurer
Sub: Public Disclosures by Insurers
Attention is invited to IRDA’s Circular no. IRDA/F&I/CIR/F&A/012/01/2010 dated 28th January 2010 and further clarifications issued thereon vide Circular dated 9th April 2010, wherein the Authority has mandated Public Disclosures by the insurers at periodic intervals.
2. Effective from the year ending March 2011, all insurers are required to file a Certificate confirming compliance with the stipulations on public disclosures as under:
(1) Compliance with disclosure requirements on the Insurer’s website (Annexure 1) ; and
(2) Compliance with the requirements on publication in the Newspapers (Annexure 2).
3. The Certificate is required to be submitted to the Authority within one week of applicable timelines under respective disclosure requirements as stipulated in the Circular under reference.
Sd/-
(R K Nair)
Member (F&I)
Annexure 1
Name of the Insurer:
Compliance Certificate
(Disclosures on Insurer’s website)
This is to certify that in compliance with IRDA circular no. IRDA/F&I/CIR/F&A/012/01/2010 dated 28th January, 2010 and further clarifications thereon vide circular dated 9th April 2010, all the forms required to be published by M/s _(Name of the Insurer)_______ have been published on the website for the quarter ended ____________/half year ended_____________/year ended _______on _______ (date) , as per the prescribed format.
There are no deviations from the stipulated requirements.
It is further certified that the information furnished in the prescribed formats is complete and correct to the best of my knowledge and belief and nothing has been concealed or suppressed.
Date:
Place:
Signature
__________________
(CEO)
Name of the Insurance Co.
Seal of the Company
_________________________________________
Annexure 2
Name of the Insurer:
Compliance Certificate
(Publication in Newspaper)
This is to certify that publication of the half yearly/ yearly results in the Newspapers for the period/year ending __________ was done in the following newspapers within the timelines as indicated in the aforesaid circular and in the prescribed manner:
| Name of the Newspaper | Language | Date of publication |
|
…………………
|
………………. |
………………… |
| …………………
|
……………… | ………………… |
| …………………
|
……………… | ………………… |
It is further certified that the information furnished in the prescribed formats is complete and correct to the best of my knowledge and belief and nothing has been concealed or suppressed.
Date:
Place:
Signature
__________________
(CEO)
Name of the Insurance Co.
Seal of the Company
Sir,
One Suchismita Nanda STM Code 100164488 has collected Bajaj Allianz Life Insurance policy Premium of Rs24026/- give me one receipt bearing no 0304241701 dt 25.03.10 of Bhubaneswar Sishubhawan chhak branch.Till date the policy document is not available to me.She does not respond to my telephone.
Please do the needful
yours faithfully
Prabodh Rout
prabodhrout@gmail.com
9853767112