Insurance regulator Insurance Regulatory and Development Authority of India (IRDAI) has proposed the implementation of Indian Accounting Standards (Ind AS), an accounting standard, for all insurers ...
In a bid to strengthen policyholder protection and enhance trust in the insurance sector, as well as to clarify how insurers report their financials, India’s insurance regulator, the Insurance ...
The case clarifies that reducing shareholding below the threshold mandates discontinuation of the equity method. The retained stake must be remeasured at fair value under Ind AS ...