Additional Core Reading Material for SA level subjects
SA1 – Health and Care Specialist Application
The following reading material is relevant for SA1. The list below covers India specific legislations and regulations the candidate is expected to be aware of.
- Master Circular on Actuarial, Finance and Investment Functions of Insurers 2024
- Master Circular on Expenses of Management, including Commission, of Insurers, 2024
- Master Circular on Reinsurance 2024
- Master Circular on Operations and Allied Matters of Insurer 2024
- Master Circular on Health Insurance Business 2024
- Annexure to Master Circular on Health Insurance Business 29052024
- Master Circular on Registration of Indian Insurance Company, 2023
- IRDAI (Actuarial, Finance and Investment Functions of Insurers) Reg 2024
- IRDAI (Expenses of Management, including Commission, of Insurers) Regulations, 2024
- IRDAI (Insurance Products) Regulations, 2024
- IRDAI (Protection of Policyholders’ Interests and Allied Matters of Insurers) Regulations, 2024
- IRDAI Reinsurance Regulation, 2018 and (Amendment) 2023
- IRDAI (Registration, capital structure, transfer of shares and amalgamation of insurers) Regulation ,2024
- IRDAI (Registration and operations of Foreign Reinsurers Branches and Lloyd’s India) Regulations, 2024
- IRDAI (Rural, social sector and Motor third party obligations) Regulations, 2024
- Master Circular on Corporate Governance for Insurers, 2024
- IRDAI (Bima Sugam- Insurance Electronic Marketplace) Regulations, 2024
- Reading Material for SA1
The above regulations may be amended by subsequent notifications.
Candidates are expected to keep themselves aware of latest regulations impacting the operations of health insurance segment, with particular focus on actuarial, product, investment & risk management, capital & solvency, reinsurance, and Policyholder protection.
Candidates may refer to http://www.irda.gov.in for latest changes and updates.
SA2 – Life Insurance
SA3 General Insurance
SA5 – Finance
- Reading Material for SA5
- SA5 2015 Examination – India Specific Reading Material
- SA5 2017 Examination – India Specific Reading Material
- SA5 2018 Examination – India Specific Reading Material
SA6 – Investment
- 29.07.2011-ULIP-Fund Approval Procedure & 2 NAV Process
- 17.08.2011-Clarification – Fund Approval Procedure and Guidelines on NAV Process
- 30.08.2011-Clarification on Investment in Venture Funds
- 07.10.2011-Clarifications on Fund Approval Procedure and Guidelines on NAV Process
- 27.11.2012-Investments in Credit Default Swaps(CDS)
- 04.12.2012-Participation of Insurer in Repo or Reverse Repo transaction in corporate debt securities
- 18.03.2013-Permission of Insurers to Invest in Category I Alternative Investment Funds
- 02.04.2013-Investment Limit of 10% for Reverse Repo in Govt. Sec
- 12.07.2013-Lending Securities through SLB Framework
- 07.08.2013-Exposure limits on the Investments in Housing Finance and Infrastructure Finance Companies
- 23.08.2013-IRDA Circular – Permission to Invest in Category I & II AIFs
- 26.09.2013-Investments in IDF NBFC
- 26.09.2013-Investments in IDF Mutual Fund
- 30.10.2013-Clarifications on IRDA (Investment) Regulations, 2000
- 07.01.2014-Investment in Ms L&T Infra Debt Fund
- 13.02.2014-Basel III Instruments by Insurers
- IRDA (Investment) (Fifth Amendment) Regulations, 2013
- Basics of Financial Market
- Derivatives FAQs
- Derivatives Trading FAQs
- E_51_2013_136
- ETFs
- Index Construction CNX NIFTY
- Indices in India
- Investors guide to Capital market
- IRDA-F&I-CIR-INV-138-06-2014 Guidelines on Interest Rate Derivatives
- Online Trading FAQs
- Retail Debt market
- Understanding Margins Cash and Derivatives
- IRDA (Investment) Regulations, 2016
SA7 – Investment and Finance
The above regulations may be amended by subsequent notifications. Candidates are expected to keep themselves aware of latest regulations.