Division 1 — General restriction on insurers
Division 2 — Licensed insurers
Division 3 — Authorised reinsurers
Division 1 — General provisions relating to insurance intermediaries
Division 2 — Conduct of insurance broking business
Division 1 Returns
Division 2 Inspections and Investigations
Division 3 Powers where licensed insurer or insurance intermediary is unable to meet obligations, etc.
Division 1 Voluntary transfer of business
Division 2 Compulsory transfer of business
Division 3 Compulsory transfer of shares
Division 4 Power to restructure capital
Division 5 Winding up
Division 6 Miscellaneous
Division 1 — Administration and enforcement
Division 2 — Miscellaneous amendments of law
Division 3 — Supplementary
| Insurance Act |
| (CHAPTER 142) |
(Original Enactment: Act 46 of 1966)
| [1st January 1967] |
[Act 11 of 2013 wef 18/04/2013] |
| Licensing of insurers |
| 8A. [Repealed by Act 11 of 2013 wef 18/04/2013] |
| 9. [Repealed by Act 11 of 2013 wef 18/04/2013] |
| 10. [Repealed by Act 11 of 2013 wef 18/04/2013] |
| Annual fees of licensed insurers |
| 11.—(1) Every licensed insurer shall pay to the Authority such annual fees as may be prescribed. [11/86] [Act 11 of 2013 wef 18/04/2013]
|
| Cancellation of licence |
12.—(1) The Authority may by order cancel the licence of any insurer, either wholly or in respect of a class of business, at the request of the insurer or on any of the grounds set out in subsection (3).
|
| 12A. [Repealed by Act 11 of 2013 wef 18/04/2013] |
| Effects of cancellation of licence |
13.—(1) Where an order of cancellation of the licence of an insurer under section 12 becomes effective —
|