These Regulations may be called Insurance Regulatory and Development Authority of India (Actuarial, Finance and Investment Functions of Insurers) (Second Amendment) Regulations, 2026.b. Throughout the principal Regulations, for the words “Actuarial Report and Abstract”, the words “Actuary Report” shall be substituted. (x) The Appointed Actuary shall provide detailed analysis along with the actions proposed, if any, on each section of the FCR. 6.5 The Appointed Actuary shall estimate the Economic Capital and submit the related disclosures as specified by the Competent Authority. The Appointed Actuary shall define the materiality of the groupings — potential financial impact as a percent of net worth.