Which IND AS governs accounting for insurance transactions in India?

Explanation A) IND AS 101 deals with the First-time Adoption of Indian Accounting Standards. B) IND AS 102 addresses the accounting treatment of share-based payment transactions, such as equity-settled and cash-settled share-based payments. C) IND AS 104 specifically covers the accounting requirements for insurance contracts. D) IND AS 105 relates to the accounting treatment for non-current assets held for sale and discontinued operations. E) IND AS 109 relates to the accounting for financial instruments, such as recognition, measurement, and derecognition of financial assets and liabilities.