Notices
Notice 121 Captive Insurance - Writing of In-House and Non In-House Risks
Requirements and guidelines for captive insurers on the writing in-house and non in-house risks.
Issued pursuant to:
Applies to:
Captive Insurer
This notice applies to all captive insurers.
It sets out the definitions of in-house and non in-house risks, and the treatment of non in-house risks.
Amendment Notes
- 8 May 2012
- Notice 121 dated 8 May 2012 (49.7 KB)[Cancelled with effect from 1 Jan 2019]
Related to this Notice
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GuidanceLast Revised Date: 26 February 2024
Compliance Toolkit for Approvals, Notifications and Other Regulatory Submissions to MAS for Captive Insurers
This Compliance Toolkit is to guide and facilitate captive insurers’ compliance with the various MAS approval and reporting requirements and timelines.
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Subsidiary LegislationLast Revised Date: 31 March 2020
Insurance (Valuation and Capital) Regulations 2004
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.
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Subsidiary LegislationPublished Date: 18 April 2013
Insurance (General Provisions and Exemptions for Captive Insurers) Regulations 2018
Sets out requirements for captive insurers licensed under the Insurance Act (Cap.142).