List the disclosure requirements prescribed under IRDAI with regards to preparation of Financial Statements and Auditors' Report of Insurance Companies.

The IRDAI (Preparation of Financial Statements and Auditors' Report of Insurance Companies) Regulations, 2002, have prescribed certain disclosures in the financial statements and the Authority is in the process of finalizing additional disclosures to be made by insurers at periodical intervals. In the meantime, it may be ensured by the Board that the information on the following, including the basis, methods and assumptions on which the information is prepared and the impact of any changes therein are also disclosed in the annual accounts:- Quantitative and qualitative information on the insurance company's financial and operating ratios, viz. incurred claim, commission and expenses ratios. Actual solvency margin details vis-à-vis the required margin. Insurers engaged in life insurance business shall disclose persistency ratio of policies sold by them. Financial performance including growth rate and current financial position of the insurance company. Description of the risk management architecture. Details of number of claims intimated, disposed off and pending with details of duration. All pecuniary relationships or transactions of the Non-Executive Directors vis-à-vis the insurance company shall be disclosed in the Annual Report. Elements of remuneration package (including incentives) of MD & CEO and all other directors and Key Management Persons. Payments made to group entities from the Policyholders Funds. Any other matters, which have material impact on the insurer's financial position. Where finalization of annual accounts extends beyond 90 days from the end of the Financial Year, the status on disclosure in the financial statements required under this clause may be made within 15 days of adoption of annual accounts by the Board of Directors of the Insurers.