unless there is anything repugnant in the subject or context,-- (1) "actuary" means an actuary as defined in clause (a) of sub-section ... section 2 of the Actuaries Act, 2006 (35 of 2006); (1A) "Authority" means the Insurance Regulatory and Development Authority of India established under sub-section
manner in which an abstract of the report of the actuary to be specified and the form and manner in which the statement referred ... business of each of the insurers concerned and the manner in which actuarial reports and abstracts in respect of the life insurance business
such further information, certified if he so directs by an auditor or actuary, as he may consider necessary to correct or supplement such return
Section 13 in The Insurance Act, 1938
13. Actuarial report and abstract
(1) Every insurer carrying on life insurance business shall, once at least every ... year cause an investigation to be made by an actuary into the financial condition of the life insurance business carried on by him, including
approved by the Authority, in respect of general insurance business or an actuary approved by the Authority in respect of life insurance business
shall be signed by the auditor who made the audit or the actuary who made the valuation, as the case
Provided that the Investigating Officer may, wherever necessary, employ any auditor or actuary or both for the purpose of assisting him in any investigation under
prepared in such forms as may be specified by the regulations; (c) actuarial reports and abstracts in respect of the life insurance business of each ... report on the proposed amalgamation or transfer, prepared by an independent actuary who has never been professionally connected with any of the parties concerned
abstract referred to in section 15 as a result of an actuarial valuation of the assets and liabilities of the insurer; nor shall he increase ... deduction being shown in an abstract of the report of the actuary referred to in sub-section (1) of section
internal audit; (c) design and implementation of any financial information system; (d) actuarial services; (e) investment advisory services; (f) investment banking services; (g) rendering
