Singapore legislation

Regulation 24

of Insurance (Approved Marine, Aviation and Transit Insurers) Regulations

Regulation 24

Use of words “approved MAT insurer”, etc.

An approved MAT insurer shall not —

(a)

use any word, other than the words “approved MAT insurer” or any of its derivatives in any language, to indicate that it carries on the business of providing marine, aviation and transit insurance, as principal and as an insurer, to persons in Singapore, from outside of Singapore; or (b)use the word “insurance” or any of its derivatives in any language, or any other word, indicating that it carries on insurance business in Singapore, or make any representation to such effect in any bill head, letter paper, notice, advertisement or in any other manner.