sg logo
mas logo
  Contact Info | Feedback | Sitemap
Search
Advanced Search
left sky
mas building
For Financial Institutions
For Researchers/Analysts
For Students
For Journalists
For Consumers
blank
arrow MONEYSENSE
arrow MASNET
arrow OPERA
arrow SGS
arrow SIC
print

Insurance Act

(Chapter 142)

Insurance (Lloyd's Asia Scheme) Regulations 2002


In exercise of the powers conferred by sections 35B and 35L of the Insurance Act, the Monetary Authority of Singapore hereby makes the following Regulations:


Part I Preliminary
Regulation 1 Citation and commencement.
Regulation 2 Definitions

Part II Requirements Relating to and Duties of Members of Lloyd's Carrying on Insurance Business Under Scheme
Regulation 3 Conditions for carrying on insurance business under scheme
Regulation 4 Registration of member of Lloyd's

Part III Requirements Relating to and Duties of Service Companies
Regulation 5 Requirements for Service Company
Regulation 6 Registration of Service Company
Regulation 7 Officers of Service Company
Regulation 8 Premises of Service Company
Regulation 9 New policies
Regulation 10 Duty to respond to notices and legal processes
Regulation 11 Establishment and maintenance of separate insurance funds
Regulation 12 Registers maintained by Service Company
Regulation 13 Accounts and statements of Service Company

Part IV Requirements Relating to and Duties of Administrator
Regulation 14 Responsibility of administrator
Regulation 15 Chief executive officer of administrator
Regulation 16 Duty to maintain deposits
Regulation 17 Letter of credit
Regulation 18 Registers
Regulation 19 Duty of administrator to assist claimants
Regulation 20 General obligations of administrator
Regulation 21 Submission of returns by administrator
Regulation 22 Annual fee

Part V Miscellaneous
Regulation 23 Inspection by public

Regulation 24

Exemption

Regulation 25

Deadlines for submission of returns and statements

Regulation 26

Lodgment and signatures of returns

First Schedule
Second Schedule
Third Schedule

Fourth Schedule

Fifth Schedule

 
chart pic
Last modified on 19/3/2007