This Compliance Toolkit is to guide and facilitate insurance brokers’ compliance with the various MAS approval and reporting requirements and timelines.
Last Revised Date: 16 April 2020
Notice 501 Quarterly Statement on Ageing of Premiums Owing to Insurers
Requirements for direct insurance brokers to submit quarterly statements on the ageing of premiums owing to insurers.
It sets out:
- Requirements for submission of a quarterly statement on the ageing of premiums owing to insurers in respect of operations in Singapore.
- Format for the quarterly statement.