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
There are no amendment notes for this notice.
Related to this Notice
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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: 19 December 2018
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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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.