Regulatory Alerts2024-12-20
Added
Notice 125 Investments of Insurers
The Monetary Authority of Singapore issued Notice 125 to establish the requirements and principles governing the investment activities of all licensed insurers. This regulation applies to the oversight of investments held in both insurance funds and shareholders' funds. It supersedes previous versions effective from September 30, 2022, following a public consultation process.
Notices
Last Revised Date: 20 December 2024
Notice 125 Investments of Insurers
Requirements and principles that govern insurers' investment activities.
View Notice
Notice 125 Investments of Insurers
(149.8 KB)
This notice applies to all licensed insurers.
It sets out the requirements and principles that govern the oversight of investment activities of insurers, including the investments of their insurance funds and shareholders' funds.
30 Sep 2022
Notice 125 (Amendment) 2022 (167.8 KB)
takes effect.
22 Apr 2013 Notice 125 dated 22 Apr 2013 (182 KB) [Cancelled with effect from 30 Sep 2022]
22 Apr 2013
Notice 125 (Amendment) 2013 (69.7 KB) takes effect.
02 Apr 2013 Notice 125 dated 2 Apr 2013 (41.8 KB) [Cancelled with effect from 22 Apr 2013]
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.
Informs insurers of the amendments to MAS Notice 124, 125 and 126, and MAS' response to feedback received on the public consultation on proposed revision to MAS Notice 124, 125 and 126.
To respond to the feedback received on the consultation paper on MAS' proposed revisions to the MAS Notices 124,125 and 126.
Consultation number:
P002-2021
Start date:
19 February 2021
Closing date:
19 March 2021
MAS response date:
30 September 2022
Requirements and principles on investment activities of designated financial holding companies that has a subsidiary that is a licensed insurer incorporated, formed or established in Singapore (“DFHC (Licensed Insurer”)).
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.
Sets out requirements for reinsurers established as special purpose reinsurance vehicles for purposes of insurance securitisation.
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.
Guidelines for financial institutions on managing their market risk.
Guidelines for financial institutions on managing their credit risk.
Guidelines for financial institutions on managing their liquidity risk.