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ICAI - Constitution of an Industry SpecificInsurance Sector Group

May, 21st 2009
ANNOUNCEMENT The President of the Institute has constituted an Industry SpecificInsurance Sector Group, to prepare the Working Draft of the Accounting Standards for Insurance Sector comprising of the following members:- (1)Shri S.N. Jayasimhan, Convenor Deputy Director (Investments), Insurance Regulatory & Development Authority (IRDA), Hyderabad (2)Shri Ramandeep Shani ICICI Prudential Life Insurance, Mumbai (3)CA. P.S. Prabhakar, Chartered Accountant Chennai (4) Shri V. Manikam Executive Director, Investment Monitoring & Accounting, Life Insurance Corporation of India, Mumbai (5) CA. V. Srinivasan, CFO Bharti Axa Life Insurance Co. Ltd., Mumbai (6) CA. V. Suryanarayanan, Chartered Accountant Chennai (7) CA. Rakesh Jain Head, Corporate Centre & CFO, ICICI Lombard General Insurance Co. Ltd., Mumbai The said Group would submit the aforesaid Working Draft to the Accounting Standards Board at the earliest. CA. Tapas Datta, Additional Director, and Dr. T. Paramasivan, Senior Deputy Director, will provide technical and other related support to the said Group.