Actuarial Practice Standards

Sr. No.AbbreviationActuarial Practice StandardsVersionEffective FromCompliance Questionnaire / MonitoringDownload
8.APS 21Appointed Actuary and General Insurance, Health Insurance or Reinsurance Business2.0015-Sep-23YesDownload 
9.APS 33Peer Review of Appointed Actuary’s work in – General, Health Insurance and Reinsurance2.012-Jul-25YesDownload
Sr. No.AbbreviationActuarial Practice StandardsVersionEffective FromCompliance Questionnaire / MonitoringDownload
10.APS 15Pension Fund Terminology1.0101-Jan-12NoDownload 
11.APS 20Actuarial Practice for Social Security Programmes1.0101-Jan-12NoDownload 
12.APS 27Employee Benefits1.0001-Jan-18NoDownload 
13.GN 29Valuation of Interest Rate Guarantees on Exempt Provident Funds4.0031-Mar-22NoDownload 
14.GN 30Share-based Payments1.0012-Jul-2025NoDownload
Sr. No.AbbreviationActuarial Practice StandardsVersionEffective FromCompliance Questionnaire / MonitoringDownload
15.APS 9Continuing Professional Development (CPD) and the Actuary4.0001-Apr-21NaDownload 
16.APS 34General Actuarial Practice as per para 4.7 of Principles and Procedure for issuance of Guidance Note/ Actuarial Practice Standard1.0029-Dec-21NaDownload 
Sr. No.ParticularsVersionDownload
1.APS 1 – Compliance Questionnaire (Ver. 1.01/ 01 07 2011)1.01Download 
2.APS 1 – Compliance Checklist (Ver. 1.01/ 01 07 2011)1.01Download 
3.APS 2 – Compliance Checklist (Ver. 1.01/ 01 07 2011)1.01Download 
4.APS 2 – Compliance Questionnaire (Ver. 1.01/ 01 07 2011)1.01Download 
5.APS 3 – Compliance Checklist (Ver. 1.01/ 01 07 2011)1.01Download 
6.APS 3 – Compliance Questionnaire (Ver. 1.01/ 01 07 2011)1.01Download 
7.APS 4 – Peer Review3.00Download 
8.APS 5 – Letter from Mr. PA Balasubramanian to Life InsurersNADownload 
9.APS 5 – Industry Self Regulation – Code of Conduct and Sound PracticeNADownload 
10.APS 5 – Compliance Checklist (Ver. 1.01/ 01 07 2011)1.01Download 
11.APS 5 – Compliance Questionnaire (Ver. 1.01/ 01 07 2011)1.01Download 
12.APS 7 – Compliance Checklist  (Ver. 1.01/ 01 07 2011)1.01Download 
13.APS10 – Determination of the Embedded Value (EV) of life insurance companies incorporated in India and Regulated by IRDA for the purpose of Initial Public Offering (IPO) (Ver. 1.0/ 08 12 2012)1.00Download 
14.APS10 – Determination of the Embedded Value (EV) of life insurance companies incorporated in India and Regulated by IRDA for the purpose of Initial Public Offering (IPO) (Ver. 1.01/ 17 03 2015)1.01Download 
15APS21 – Appointed Actuary and General Insurance business1.01Download 
16.GN 4  [Version 1.00]1.00Download 
17.GN 6  [Version 1.00]1.00Download 
18.GN 7  [Version 1.00]1.00Download 
19.APS 10  [Version 1.00]1.00Download 
20.GN 22  [Version 1.00]1.00Download 
21.GN 29 [Version 1.00]1.00Download