TMI BlogDraft XBRL Taxonomies for Insurance CompaniesX X X X Extracts X X X X X X X X Extracts X X X X ..... Draft XBRL Taxonomies for Insurance Companies X X X X Extracts X X X X X X X X Extracts X X X X ..... ia (ICAI) on the Draft Templates of Taxonomy for Life and Non-life Insurance Companies. The Comments may be sent by e-mail at [email protected] so as to be received not later than July 12, 2013. ICAI has ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... prepared these separate Drafts because the schedule for presentation of financial statements, laid down in the Insurance Act, prescribes different format for Life and Non-life insurance companies. Acc ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... ordingly, excel templates are prepared separately for the Life and Non-life Insurance Companies. While the filing of the financial statements of Companies in XBRL format had begun for certain categor ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... ies of companies, Insurance Companies were kept outside the purview of XBRL mandate owing to different format for presentation of financial statements, different requirements of the Insurance Act and ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... peculiar nature of Insurance business as compared to the Commercial and Industrial companies. For the purpose of development of taxonomy, insurance- specific elements were identified and compiled as p ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... er the requirements of Insurance Act, circulars and regulations issued by the IRDA and various other statutory requirements and certain common practice elements based on annual reports of Insurance co ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... mpanies.
KKP
(Release ID :97162) X X X X Extracts X X X X X X X X Extracts X X X X
|