Notices
Last Revised Date: 05 March 2020

Notice 319 Valuation of Policy Liabilities of Life Business [Cancelled with effect from 31 Mar 2020]

Requirements and guidelines on the valuation and reporting of policy liabilities.

This notice applies to all insurers licensed to carry on life business, except captive insurers.

It sets out:

  • Mandatory requirements on the valuation of policy liabilities relating to the life business.
  • Guidelines on valuation of policy liabilities relating to the life business.

Amendment Notes

05 Mar 2020
MAS 319 dated 24 Aug 2004 (416.4 KB) take effect from 31 Mar 2020

22 Apr 2013
Notice 319 (Amendment) 2013 (78.5 KB) takes effect.