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’ proposed revisions to the Guidelines on Corporate Governance for Designated Financial Holding Companies, Banks, Direct Insurers, Reinsurers and Captive Insurers which are incorporated in Singapore. MAS is proposing these revisions taking into account international standards and industry good practices.
- Consultation number:
- Start date:
- 07 May 2021
- Closing date:
- 18 June 2021
Form for registered insurance brokers to submit to MAS for the appointment of broking staff.
Form for registered insurance brokers to apply for the appointment of a Chief Executive Officer or Director.
Application for Registration as an Insurance Broker.
Requirements for life insurers to manufacture and offer direct purchase insurance (DPI).