To provide guidance on the information that should be disclosed when an actuary prepares a report referred to in section 37(1)(b) of the Act (an “actuarial investigation report”).
Sets out the requirements under the risk-based capital framework for all licensed insurers, including the way in which assets and liabilities are to be valued.
Guidelines for insurers seeking exemption to use internal models to determine the regulatory liability and capital requirements for life insurance products with investment guarantees which have non-linear payouts.
Requirements on the submission of Policy Owners' Protection (PPF) Scheme returns by PPF Scheme members.
Sets out requirements for direct general insurers licensed to write marine mutual insurance business.
Sets out requirements for reinsurers established as special purpose reinsurance vehicles for purposes of insurance securitisation.
The third public consultation paper on MAS’ review of the Risk-Based Capital framework for insurers sets out the revised proposals after taking into account the feedback received from the previous consultation in 2014 and subsequent engagements with the industry.
This consultation paper sets out more specific proposals, following the first consultation of the roadmap for MAS’ review of the RBC framework in June 2012. The consultation paper also contains the detailed technical specifications for insurers to conduct a full scope Quantitative Impact Study (“QIS”) to fully understand the impact of RBC 2.
Sets out requirements for captive insurers licensed under the Insurance Act (Cap.142).
This consultation paper sets out MAS review of areas relating to credit risks arising from insurance contracts, and contagion risk arising from intra-group transactions. The proposals touch on changes to the financial resources adjustment, the reinsurance adjustment and the C2 risk requirements under our RBC framework.
Sets out the classification of tax liabilities arising from non-guaranteed benefits of participating policies.
