2023-12-08

Added 2026-07-10

Update to MAS Notice 133 With Respect To Illiquidity Premium

The Monetary Authority of Singapore issued Circular No. ID 18/23 to update MAS Notice 133 regarding the illiquidity premium for licensed insurers. The revision reduces the illiquidity premium from 65 basis points to 50 basis points, effective 31 December 2023, as part of a regular review of calibration and credit spread movements. This adjustment applies specifically to insurers writing life business that satisfy the conditions outlined in Table 3A of the notice.

Singapore

Monetary Authority of Singapore

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