OBS_VALUE: <ul><li><a href=https://www.lifeinscouncil.org/industry%20information/The_Insurance_Act_1938.pdf target=_blank>The Insurance Act, 1938(Act No. 4 of 1938, last amended on 20 March 2015. Chapter 3)</a></li><li><a href=https://img.indiafilings.com/learn/wp-content/uploads/2019/10/12004147/IRDA-Brokers-Regulations-2018.pdf target=_blank>IRDA (Insurance Brokers) Regulations 2018(Part A)</a></li><li><a href=https://thc.nic.in/Central%20Governmental%20Regulations/Insurance%20Regulatory%20And%20Development%20Authority%20of%20India%20(Appointed%20Actuary)%20Regulations,2017..pdf target=_blank>IRDA (Appointed Actuary) Regulations, 2017(Section 3.)</a></li></ul>