Licentiate Examination - IC 14 - Regulation of Insurance Business Exam - Important Points

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  • Stakeholders in an Insurance Business - Government / Regulator, Shareholders, Underwriters, Insurance Company Management. The policyholder is not directly a stakeholder.
  • As per premium investment guidelines by IRDA, investment in Central Government Securities should not be less than 20%.
  • As per premium investment guidelines by IRDA, investment in State Government securities and other Guaranteed securities including Central Government Securities should not be less than 30%
  • As per premium investment guidelines by IRDA, investment in Housing and Loans to State Government for Housing and Fire Fighting equipment, being not less than 5%
  • As per premium investment guidelines by IRDA, investment in Housing and Loans to State Government for Infrastructure and Social Sector, being not less than 10%

IC 14 - Regulation of Insurance Business

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