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MCA notifies new accounting standard, Ind AS 117, for insurance industry

by AIP Online Bureau | Aug 14, 2024 | Eco/Invest/Demography, Indian News, Life, Non-Life, Reinsurance

The insurance regulator IRDAI can now announce the date of adoption of the new standards by the Indian insurance industry. The new framework would require domestic insurers to further bolster their disclosure needs, leading to greater transparency and informed...

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