COLLEGE OF INSURANCE Insurance Institute of India, MUMBAI Regulatory Compliances for Life Insurance Companies (From: 10 th 11 th September, 2015)

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1 Relevance of the Program:- With trade practices evolving alongside a myriad of products and processes in a globalised scenario with multiple operators, the consumer is often at the receiving end. To ensure fairplay and adherence to rules, the regulator, the IRDAI, assumes paramount importance. The IRDA Act, 1999, was enacted when the insurance sector was opened up. A series of compliances and varied regulatory steps laid down by IRDA need to be followed by various insurance players so as to ensure ethical transaction of business. Program Objectives:- At the end of the Program, the participant shall be able to- 1. Understand the purpose of having regulations for insurance 2. Identify the principles, rationale and role of the IRDAI. 3. Take steps for regulatory compliance Contents:- The program will focus on the following areas 1. Current regulatory scenario in India and changing / emerging regulations 2. International regulations and IAIS 2. Distribution, product, actuarial and financial regulatory compliances 4. Secretarial and Governance Participants Profile:- Compliance Officials of Life Insurance Companies. College of Insurance 1

2 Timing : a.m. to p.m. Enrolment: To enrol for the training Program please download the enrollment form and after filling in the necessary details submit your form and fees to the office of Insurance Institute of India, Plot C-46, G- Block, Near Dhirubhai Ambani International School, Bandra-Kurla Complex, Bandra (East), Mumbai not later than 03 rd September, 2015 You can also do online enrolment through College of Insurance s website on or before 03 rd September, Program Duration: - 2 days from 10 th - 11 th September, 2015 Course Fees:- Residential participants: Total amount Required Rs.8892/-i.e. (Rs. 7800/- plus service tax of 14%). The fees include tuition, course material, A/C single room accommodation in the Institute s campus and full boarding (bed tea/coffee, breakfast, lunch, light refreshments in the evening and dinner). All rooms are fully furnished with attached bathroom and Internet facility. Rooms are reserved from noon onwards the day prior to the commencement of the Program. The participants can stay till noon next day after the conclusion of the Program. Non-residential participants: Total amount required Rs.6384/-i.e. (Rs.5600/- plus service tax of 14%). The fees include tuition, course material and day boarding (i.e. tea/coffee during tea breaks and lunch for actual days of training). Payment Terms and Conditions:- College of Insurance 2

3 1) The payment should be received by the College of Insurance before the commencement of the program. 2) The confirmation of registration for the program will be subject to the receipt of the payment. 3) We do not consider any refund request or adjustment of fees for the next Program in case of absentism. 4) Fees should be paid by Demand Draft drawn in favour of Insurance Institute of India payable at Mumbai and forward it together with the "Enrollment form available from College of Insurance s website or by online payment mode following the below link College of Insurance 3

4 COLLEGE OF INSURANCE (From: 10th 11th September, 2015) Training Venue:- Insurance Institute of India (College of Insurance), G Block, Plot No. C-46, Near American Consulate, Bandra Kurla Complex, Bandra (E), Mumbai Parking Facility: "VEHICLE PARKING IS NOT ALLOWED IN OUR CAMPUS". Course Co-ordinator: P. Misra misra@iii.org.in Respond to :Mrs. J. Noronha Mrs. Y. S. Kulkarni Mr. P. M. Tare College of Insurance college_insurance@iii.org.in

5 Nomination Form 1) Name: 2) Address: Please affix your photograph here 3) Educational Qualification: 4) Date of Birth: 5) Position Held: 6) Mobile No. : 7) Phone No.: 8) Fax No. : 9) 10) Sponsoring Organization : 11) Food preference: : Vegetarian Non-Vegetarian 12) Hostel Requirement : Yes No 13) Details of Fee Paid: Cheque / D.D. No. dt. drawn on Bank, for Rs. Signature & seal of the authority of the Sponsoring organisation Signature of the Participant *Name of Co-ordinator: Mobile No: Tel. No.: -Id.: Company Name: *This column is mandatory for those participants who are sponsored by company. College of Insurance 5

1. The current regulatory scenario in India and changing / emerging regulations Insurance

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