Notices
Notice DIPOP-N02 on Policy Owners' Protection Scheme Returns
Requirements on the submission of Policy Owners' Protection (PPF) Scheme returns by PPF Scheme members.
This notice applies to all direct insurers carrying on life or general insurance business and are PPF Scheme Members.
It sets out the reporting format on:
- Amount of protected liabilities, coupon deposits, advance premium payment and unclaimed monies for life business.
- Amount of gross premiums written and protected liabilities by specified lines for general business.
Amendment Notes
- 05 Mar 2020
- Notice DIPOP - N02 (Amendment) 2020 (718 KB) takes effect on 31 Mar 2020
- 1 Apr 2019
- Notice DIPOP - N02 (Amendment) 2019 (322.7 KB) takes effect
Related to this Notice
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CircularsPublished Date: 19 December 2022
ID 18/22 - Amendments to MAS Notice 133
Informs licensed insurers on changes to Notice 133.
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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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CircularsPublished Date: 09 March 2020
ID11/20 Consequential Amendments Arising from Amendments to Insurance (Valuation and Capital) Regulations 2004
Informs all licensed insurers on consequential amendments arising from amendments to Insurance (Valuation and Capital) Regulations 2004
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CircularsPublished Date: 01 April 2019
ID 05/19 Deposit Insurance and Policy Owner's Protection Schemes (“DI-PPF”) – (a) Commencement of DI-PPF (Amendment) Act 2018; (b) Issuance of DI-PPF (Policy Owners' Protection) (Maximum Compensation) Regulations 2019; (c) Amendments to Notice DIPOP-N02 (Policy Owners' Protection Scheme Returns)
Sets out the commencement of DI-PPF (Amendment) Act 2018, maximum compensation caps for personal motor cover and personal property, and amendments to Notice DIPOP-N02 for members to consent to MAS sharing information with SDIC.
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Subsidiary LegislationLast Revised Date: 28 December 2018
Deposit Insurance and Policy Owners' Protection Schemes (Deposit Insurance) Regulations 2011
Sets out the requirements on asset maintenance, operational preparedness, maintenance of register and disclosure as well as the method for determination of premium contributions and compensation payment concerning the Deposit Insurance Scheme. The scheme protects depositors in case of a full bank or finance company...
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Subsidiary LegislationPublished Date: 18 April 2013
Insurance (Actuaries) Regulations 2013
Sets out the roles and responsibilities of appointed and certifying actuaries, and MAS' expectations on the appointment process and notification of engagements in equivalent roles in other jurisdictions.