This consultation paper sets out the valuation and capital requirements for a Designated Financial Holding Company (Licensed Insurer) (“DFHC (Licensed Insurer)”) based on Risk Based Capital 2 consolidation approach.

Consultation number:

P010 - 2022

Start date:

27 October 2022

Closing date:

15 December 2022

Status:

Closed

Informs designated financial holding companies that have a subsidiary that is a licensed insurer incorporated, formed or established in Singapore on the application forms for the purpose of seeking the approval of MAS for the appointment of auditor.

Requirements for licensed insurers, except for captive insurers, marine mutual insurers and special purpose reinsurance vehicles, on the returns to be lodged with MAS.