4.—(1) For the purposes of section 36(1) of the Act, a registered insurer shall lodge statements of account and other statements in accordance with this regulation and regulation 5.
(2) A direct general insurer shall lodge for each accounting period, for each insurance fund established and maintained under the Act in respect of its general business —
(a)
a fund balance sheet in Form 1, as at the end of that accounting period;
(b)
a fund profit and loss account in Form 2;
(c)
a statement in Form 6, giving as regards policies belonging to that class of business particulars of premiums, claims, underwriting results and operating results during that accounting period; and
(d)
where the insurance fund is maintained for Singapore policies, a statement in Form 7, giving particulars of the accident and health benefits of each policy in respect of which the fund is maintained during that accounting period.
(3) A general reinsurer shall lodge for each accounting period, for each insurance fund established and maintained under the Act in respect of its general business —
(a)
a fund balance sheet in Form 1, as at the end of that accounting period;
(b)
a fund profit and loss account in Form 2; and
(c)
a statement in Form 6, giving as regards policies belonging to that class of business particulars of premiums, claims, underwriting results and operating results during that accounting period.
(4) A direct life insurer shall lodge for each accounting period, for each insurance fund established and maintained under the Act in respect of its life business —
(a)
a fund balance sheet in Form 1, as at the end of that accounting period;
(b)
a fund profit and loss account in Form 2;
(c)
separate statements in Form 3 for all policies issued to individuals and in Form 4 for all policies issued to groups of individuals, giving as regards policies belonging to each type of life business particulars of —
(i)
the issue of new policies;
(ii)
the termination of policies and the transfers of policies to or from the register of Singapore policies or offshore policies, as the case may be, during that accounting period; and
(iii)
the business in force as at the end of that accounting period; and
(d)
where the insurance fund is maintained for Singapore policies, a statement in Form 7, giving particulars of the accident and health benefits of each policy in respect of which the fund is maintained during that accounting period.
(5) A life reinsurer shall lodge for each accounting period, for each insurance fund established and maintained under the Act in respect of its life business —
(a)
a fund balance sheet in Form 1, as at the end of that accounting period;
(b)
a fund profit and loss account in Form 2; and
(c)
a statement in Form 5, giving as regards policies belonging to that class of business particulars of —
(i)
the issue of new policies;
(ii)
the termination of policies and the transfers of policies to or from the register of Singapore policies or offshore policies, as the case may be, during that accounting period; and
(iii)
the business in force as at the end of that accounting period.
(6) A registered insurer incorporated in Singapore shall lodge for each accounting period, in respect of the insurer’s global business operations —
(a)
a balance sheet in Form 8, as at the end of that accounting period; and
(b)
a profit and loss account in Form 9.
(7) A registered insurer incorporated outside Singapore shall lodge for each financial year, in respect of the insurer’s global business operations, a statement in Form 10 of the financial position of the insurer as at the end of that financial year.