Insurance Authority Lacks Power to Adjust Actuarial Surplus for Income Calculation in Life Insurance Business.

Addition of negative reserves to the actuarial surplus for determining the profit from business of Life Insurance - AO has no power to make any adjustment against Actuarial surplus determined as per Insurance Act while making computation of total income - AT .....

X X   X X   Extracts   X X   X X

→ Full Text of the Document

X X   X X   Extracts   X X   X X