The Life Insurance Corporation Act, 1956 · VI — FINANCE, ACCOUNTS AND AUDIT

Section 26. Actuarial valuations

In force · As amended up to 2026-08

26. Actuarial valuations.—[1] [The Board] shall,[2] [every year], cause an investigation to be made by actuaries into the financial conditions of the[ 3] [life insurance business of the Corporation, including a valuation of the liabilities of the Corporation in respect thereto], and submit the report of the actuaries to the[4] [Board].

Source: India Code