CIRCULAR NO. IRDA/F&A/CIR/MISC/032/02/2021
The IRDAI has observed that insurers' performance in terms of business is gradually reviving. Therefore, it has been decided to withdraw the circular on dividend for the Financial Year 2020-21.
As a result, Insurers are asked to declare dividends for F.Y 2020-21 considering their capital, solvency and liquidity position.