Notices
 Last Revised Date: 18 August 1999

Notice 208 Financial Reinsurance

Requirements for insurers to ensure clarity and consistency in risk transfer, accounting treatment, reporting and disclosure.
Issued pursuant to:

Insurance Act (Cap. 142) section 64(2)

View Notice Notice 208 Financial Reinsurance (41.7 KB)

This notice applies to any insurer registered to carry on general business.

It sets out:

  • The Authority's stance on the use of financial reinsurance.
  • The definition of financial reinsurance.
  • Application of risk transfer rules and accounting treatment.
  • Reporting and disclosure requirements.

Amendment Notes

01 Apr 2011
MAS Notice 208 (13.2 KB) dated 28 August 2004 is cancelled with immediate effect.
28 Aug 2004
MAS Notice 208 (Amendment) 2004 takes effect.