Notice 212 on Insurance Returns (Accounts and Statements) for Marine Mutual Insurers

Notices

Last Revised Date: 15 March 2021

Notice 212 on Insurance Returns (Accounts and Statements) for Marine Mutual Insurers

Requirements for marine mutual insurers on the returns to be lodged with MAS.

Financial Returns

Valuation and Capital

Licensing, Authorisation and Registration

Applies to:

Direct Insurer (General)

View Notice

Notice 212 on Insurance Returns (Accounts and Statements) for Marine Mutual Insurers

(5.41 MB)

This notice sets out the forms, submission requirements and deadlines for the returns to be submitted by marine mutual insurers.

15 Mar 2021

MAS 212 (Amendment) 2021 (5.84 MB) takes effect on 16 Mar 2021.

30 Dec 2020

MAS 212 (Amendment No. 2) 2020 (6.63 MB) takes effect on 31 Dec 2020.

06 Mar 2020 MAS 212 (Amendment) 2020 (5.81 MB) takes effect on 31 Mar 2020.

19 Dec 2018 MAS 212 (Amendment) 2018 (6.16 MB) takes effect on 1 Jan 2019.

This Compliance Toolkit is to guide and facilitate marine mutual insurers’ compliance with the various MAS approval and reporting requirements and timelines.

Informs all insurers on amendments to the legislations on insurance returns.

Informs insurers on changes to insurance returns legislations, including replacing hardcopy submission requirements for annual returns with electronic submission requirements, and sets out specific expectations on the operational details for the submission.

Provides the revised application forms for the appointment of external auditors.

Sets out requirements for direct general insurers licensed to write marine mutual insurance business.

Informs insurers that the revised insurance returns will be implemented on 1 January 2019.

Provides the revised application forms for the appointment of external auditors.

Consultation number:

P024-2014

Start date:

13 October 2014

Closing date:

24 November 2014

MAS response date:

28 June 2016