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Description
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Percent of Singapore Insurance Fund Assets
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(1) Subject to the sub-limit in items (2) and (3), the admitted value of investment in unit trusts, equity shares, preference shares, subscription rights and share warrants
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45%
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(2) The admitted value of investment in shares of the Stock Exchange of Singapore Dealing and Automated Quotation market and unquoted shares
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5%
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(3) The admitted value of investment in any one unit trust
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10%
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(4) The admitted value of direct investment in property and property shares, provided that where an insurer owns an office building whose value exceeds this limit, the full value of the office building shall be admitted and any other property owned shall then be omitted
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25%
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(5) Subject to the sub-limit in item (6), the admitted value of investment in foreign currency-denominated and overseas assets
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30%
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(6) The admitted value of foreign currency-denominated and overseas assets, except foreign currency deposits with an approved financial institution, foreign currency fixed income securities graded AA and above and equities listed on any stock exchange
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20%
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(7) The admitted value of investment in unsecured loans
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10%
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(8) The admitted value of unsecured loans to any one company or group of companies related to one another
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21/ 2%
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(9) The admitted value of outstanding premiums and agents' balances (in respect of general business only)
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12 1/2%of written premiums.
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