Insurers may carry on insurance business in Singapore as licensed insurers, authorised reinsurers, approved Marine, Aviation and Transit (MAT) insurers, or foreign insurers. Insurance brokers may conduct insurance broking activities in Singapore as registered insurance brokers or approved insurance brokers. Find out about the regulations, updates and licensing for such institutions.
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Prudential and Supervisory Requirements
Licensing, Authorisation and Registration
This consultation paper sets out MAS' proposals to revise the requirements in the area of expense charging and allocation to the participating fund.
- Consultation number:
- Start date:
- 06 February 2020
- Closing date:
- 09 March 2020
- MAS response date:
- 16 November 2020
Requirements for insurers to put in place internal governance policy and disclosures related to the management of participating life insurance business.
Requirements for insurers on computing the total debt servicing ratio (TDSR) for property loans.
Rules for insurers when granting residential property loans to individuals and non-individuals.
Requirements for insurers when granting an unsecured non-card credit facility to an individual.