Notice 133 Valuation and Capital Framework for Insurers
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.
These guidelines apply to all direct insurers licensed to carry on general business (except captive insurers and marine mutual insurers) and any actuary approved by MAS to conduct an investigation into an insurer’s liabilities in respect of general insurance policies.
They set out guidance on: