The Insurance Act, 1938

Section 27C. Investment by insurer in certain cases

In force · As amended up to 2026-08

27C. Investment by insurer in certain cases. — An insurer may invest not more than five per cent. in aggregate of his controlled fund or assets as referred to in sub-section (2) of section 27 in the companies belonging to the promoters, subject to such conditions as may be specified by the regulations.

Source: India Code