FAQs | Feedback
  • Home
  • Browse
    Acts
    Current Repealed/Spent Uncommenced
    Subsidiary Legislation
    Current Revoked/Spent Uncommenced
    AS PUBLISHED
    Acts Supplement Bills Supplement Subsidiary Legislation Supplement Revised Editions of Acts Revised Editions of Subsidiary Legislation
    QUICK LINKS
    Constitutional Instruments
    Basic Acts Subsidiary Legislation
    Interpretation Act Private Acts English Acts Imperial Acts Honours/Awards Frequently Accessed Legislation
  • What's New
    Announcements Courses New Legislation
  • Help
    FAQs SSO Guide Video Guides
  • About Us
  • FAQs
  • Feedback
  •   My Collections
  •   Search
Insurance (Valuation and Capital) Regulations 2004
Status:
 
Published in Subsidiary Legislation Supplement
on 23 Aug 2004
Print
Select the provisions you wish to print using the checkboxes and then click the relevant "Print"

 

 

 

 

 

 

 

 

 

  • HTML
  • PDF
  • Word
Table Of Contents
Insurance (Valuation and Capital) Regulations 2004
Status:
 
Published in Subsidiary Legislation Supplement
on 23 Aug 2004
  • Print
  • Help
Table of Contents
Insurance (Valuation and Capital) Regulations 2004
Enacting Formula Part I PRELIMINARY
 
1 Citation and commencement
 
2 Definitions
Part II FINANCIAL REQUIREMENT BEFORE REGISTRATION, FUND SOLVENCY REQUIREMENT AND CAPITAL ADEQUACY REQUIREMENT
 
3 Paid-up capital requirement
 
4 Fund solvency requirement and capital adequacy requirement
Part III OTHER FINANCIAL REQUIREMENTS
 
5 Reduction in paid-up ordinary share capital or redemption of preference shares
 
6 Preference shares and qualifying Tier 2 instruments
Part IV VALUATION OF ASSETS
 
7 Application of this Part
 
8 Valuation of assets
 
9 Equity securities
 
10 Debt securities
 
11 Land and buildings
 
12 Loans
 
13 Cash and deposits
 
14 Outstanding premiums and agents’ balances
 
15 Deposits withheld by cedants
 
16 Reinsurance recoverables
Part V VALUATION OF LIABILITIES
 
17 Application of this Part
 
18 Valuation of liabilities
 
19 Valuation of liabilities of general business
 
20 Valuation of liabilities of life business
 
21 Treatment in relation to reinsurance arrangement with head office and branch
Part VI MISCELLANEOUS PROVISIONS
 
22 Surplus account
 
23 Revocation
 
24 Savings and transitional provisions
FIRST SCHEDULE Financial Resources and Qualifying Tier 2 Instrument SECOND SCHEDULE Total Risk Requirement THIRD SCHEDULE Component 1 (C1) Requirement — Insurance Risks FOURTH SCHEDULE Component 2 (C2) Requirement — Investment Risks and Risks Arising from Interest Rate Sensitivity and Foreign Currency Mismatch Between Assets and Liabilities FIFTH SCHEDULE Component 3 (C3) Requirement — Concentration Risks SIXTH SCHEDULE Table 1 — Investment Grade Credit Ratings
Insurance (Valuation and Capital) Regulations 2004
Status:
Published in Subsidiary Legislation Supplement on 23 Aug 2004
  • Authorising Act
  • Loading...

Search within Legislation

  • Search Results
Singapore Statutes Online
  • FAQs
  • Feedback
  • Sitemap

  • Report Vulnerability
  • Privacy Statement
  • Terms of Use
© 2024 Attorney-General's Chambers of Singapore,
Last updated 7 Oct 2024
Singapore Statutes Online is provided by the Legislation Division of the Attorney-General's Chambers of Singapore.