Schedule 2

SECOND SCHEDULERegulation 17(2)INSURANCE ACT (CHAPTER 142)INSURANCE (APPROVED MARINE, AVIATION AND TRANSIT INSURERS) REGULATIONSRETURNS TO BE LODGED BY APPROVED MAT INSURERS (SINGAPORE BUSINESS) (FORMS 1 TO 2)NAME OF INSURER _______________________FORM 1 — STATEMENT OF PREMIUMS, CLAIMS AND COMMISSIONS IN RESPECT OF MAT INSURANCE BUSINESS FOR PERIOD FROM ___________ TO _____________ Co Code Year Month S$ParticularsRow No.MarineAviationOther MAT businessTotalCargoHull and liabilityCargoHull and liabilityA.PREMIUMS Gross premiums1 Less: Reinsurance business ceded2 Net premiums written (1-2)3 Net premium liabilities at beginning of period4 Net premium liabilities at end of period5 Premiums earned during the period (3+4-5)6 B.CLAIMS Gross claims7 Less: Recoveries from reinsurance business ceded8 Net claims paid (7-8)9 Net claim liabilities at end of period10 Net claim liabilities at beginning of period11 Net claims incurred (9+10-11)12 C.DISTRIBUTION EXPENSES Commissions paid13 Reinsurance commissions14 Net commissions incurred (13-14)15 Other distribution expenses16 Total distribution expenses (15+16)17 D.UNDERWRITING RESULT AFTER DISTRIBUTION EXPENSES Gross underwriting gain/(loss) (6-12-17)18 Names and signatures of:__________Director__________Director__________Chief Executive OfficerDate:_____Instructions for completing Form 11. All amounts shown in this return are to be rounded up to the nearest dollar. Negative amounts shall be reported in “( )”.

2. For the purpose of risk classification, where separate figures for each class of business are not available, as in a combined policy covering several classes of risks, the premiums may be shown under the predominant class of risk.3. “Gross premiums” refers to gross premiums received or receivable including portfolio premiums, after deduction of discounts and return premiums, which have been entered into the books of the insurer during the period. Commissions shall not be deducted from gross premiums.4. “Reinsurance business ceded” refers to premiums paid or payable on reinsurance ceded during the period. It includes portfolio premiums in respect of ceded business.5. “Net premiums written” refers to the net amount of premiums after deduction of return premiums and payments in respect of reinsurance business ceded.6. “Gross claims” refers to claims paid, including portfolio losses and medical and legal expenses incurred directly in settlement of claims paid during the period, net of recoveries from salvages. It includes changes in outstanding claims. Outstanding claims refer to claims which have been approved by the company for payment but not yet paid, and include expenses associated with the settlement of such claims.7. “Recoveries from reinsurance business ceded” refers to reinsurance recoveries received or receivable from reinsurance in respect of claims paid including portfolio losses, during the period.8. “Net claim liabilities” includes provisions set up for claims reported but not yet determined, claims incurred but not reported (IBNR), claims incurred but not enough reported (IBNER), as well as all expenses associated with the settlement of such claims. Net claim liabilities should be reported net of any recoveries received or receivable from reinsurance.9. “Distribution expenses” includes all direct costs such as commissions and bonuses, and all indirect costs of benefits and services provided by the insurer in the distribution of its products. It shall include any reinsurance commissions.Regulation 17(2)INSURANCE ACT (CHAPTER 142)INSURANCE (APPROVED MARINE, AVIATION AND TRANSIT INSURERS) REGULATIONSRETURNS TO BE LODGED BY APPROVED MAT INSURERS (SINGAPORE BUSINESS) (FORMS 1 TO 2)FORM RELATING TO INSURANCE DEPOSIT REQUIREMENT (FORM 2)NAME OF INSURER _______________________FORM 2 — INSURANCE DEPOSIT REQUIREMENT IN RESPECT OF MAT INSURANCE BUSINESS AS AT ___________ Co Code Year Month ParticularsRow No.Original CurrencyS$Amount of insurance deposit in S$Gross premiums written1 Gross premium liabilities2 Gross claim liabilities3 Gross liabilities in respect of policies issued (2+3)4 INSURANCE DEPOSIT REQUIRED5N.A.N.A. Additional disclosure: Exchange rate used (S$/original currency) Names and signatures of:__________Director__________Director__________Chief Executive OfficerDate: ______________Instructions for completing Form 2:1. Insurance deposit required shall be determined in accordance with these Regulations.Regulation 17(2)INSURANCE ACT (CHAPTER 142)INSURANCE (APPROVED MARINE, AVIATION AND TRANSIT INSURERS) REGULATIONSRETURNS TO BE LODGED BY APPROVED MAT INSURERS (GLOBAL BUSINESS) (FORMS 3 TO 4)NAME OF INSURER __________________________________FORM 3 — BALANCE-SHEET IN RESPECT OF GLOBAL OPERATIONS AS AT ___________ DescriptionRow No.Original currencyS$ ASSETS Equity securities1 Debt securities2 Loans3 Cash and deposits4 Other invested assets5 Investment income due or accrued6 Outstanding premiums and agents’ balances7 Deposits withheld by cedants8 Reinsurance recoverables9 Income tax recoverables10 Intra-group balances11 Land and buildings12 Fixed assets13 Others14 Total Assets (1 to 14)15 LIABILITIES Life policy liabilities16 General policy liabilities: —Premium liabilities17 —Claim liabilities18 Outstanding claims19 Annuities due and unpaid20 Amounts owing to insurers21 Reinsurance deposits22 Bank loans and overdrafts23 Intra-group balances24 Others25 Total Liabilities (16 to 25)26 NET ASSETS (15 – 26)27 SHAREHOLDERS’ EQUITY Paid-up capital28 Share premium reserves29 Other reserves30 Unappropriated profits31 TOTAL SHAREHOLDERS’ EQUITY (28 to 31)32 Additional disclosure: Exchange rate used (S$/original currency) Names and signatures of:__________Director__________Director__________Chief Executive OfficerDate: ______________Instructions for completing Form 31. All amounts shown in this return are to be rounded up to the nearest dollar. Negative amounts shall be reported in “( )”.

2. This return shall not be consolidated with operations of subsidiary and associate companies but shall include the operations of branches of the insurer.3. “Equity securities” includes any stock, share, depository receipt and unit in a collective investment scheme.4. “Debt securities” includes any debenture stock, bond and note.5. “Loans” should be reported after net of provisions.6. “Reinsurance recoverables” refers to claims recoverable from reinsurers, including claims recoverable from related, associate or affiliate companies.7. “Land and buildings” includes properties acquired through foreclosures and in settlement of debts.8. “Premium liabilities” and “Claim liabilities” should be reported net of reinsurance.9. “Outstanding claims” refers to claims which have been approved by the company for payment but not yet paid. It includes expenses associated with the settlement of such claims. For life business, the amount also includes claims which have not been approved but the quantum for which is fixed.10. “Amounts owing to insurers” refers to claims owing by the insurer to ceding companies and premiums owing to reinsurers, including premiums or claims payable to related, associate or affiliate companies.11. “Intra-group balances” refers to amounts owing by or to the insurer to or from related, associate or affiliate companies, excluding balances relating to insurance transactions such as premiums and claims receivable or payable and reinsurance recoverables.Regulation 17(2)INSURANCE ACT (CHAPTER 142)INSURANCE (APPROVED MARINE, AVIATION AND TRANSIT INSURERS) REGULATIONSRETURNS TO BE LODGED BY APPROVED MAT INSURERS (GLOBAL BUSINESS) (FORMS 3 TO 4)NAME OF INSURER __________________________________FORM 4 — PROFIT & LOSS STATEMENT IN RESPECT OF GLOBAL OPERATIONS FOR PERIOD FROM ____________ TO _______________DescriptionRow No.Original currencyS$Premium revenue1 Less: Reinsurance premiums ceded2 Net premiums (1-2)3 Investment income4 Less: Investment expenses5 Net investment income (4-5)6 Other income7 Total income (3+6+7)8 Gross claims9 Less: Reinsurance recoveries10 Net claims (9-10)11 Increase (decrease) in net policy liabilities12 Distribution expenses13 Management expenses14 Provision for doubtful debts/bad debts written off on receivables15 Tax16 Other expenses17 Total expenses (11 to 17)18 Net income (8-18)19 Unappropriated profit/(loss) brought forward from previous period20 Transfer to reserves21 Dividends paid22 Other adjustments23 Unappropriated profit/(loss) at end of period (19+20-21-22-23)24 Additional disclosures: (i)Exchange rate used (S$/original currency) (ii)Statistics for general business (Amount in original currency) (a)Earned premiums (b)Incurred losses (c)Commission expenses (d)Management expenses (e)Underwriting result (a-b-c-d) (f)Net investment income (g)Operating result (e-f) (% based on original currency) (h)Combined ratio (i)Technical reserves/net premiums (j)Shareholders’ equity to net premiums (k)Shareholders’ equity to loss reserves Names and signatures of:__________Director__________Director__________Chief Executive OfficerDate: ______________Instructions for completing Form 41. All amounts shown in this return are to be rounded up to the nearest dollar. Negative amounts shall be reported in “( )”.2. “Premium revenue” refers to total gross premiums received or receivable including portfolio premiums, after deduction of return premiums, premium discounts, recognized in the insurer’s books during the period, where applicable. Commissions should not be deducted from gross premiums.3. “Reinsurance premiums ceded” refers to premiums paid or payable on reinsurance ceded during the period. It includes portfolio premiums in respect of ceded business.4. “Net premiums” refers to the net amount of premiums after deduction of return premiums and payments in respect of reinsurance business ceded.

5. For general business, “Gross claims” refers to claims paid, including portfolio losses and medical and legal expenses incurred directly in settlement of claims paid during the period, net of recoveries from salvages. It includes changes in outstanding claims. Outstanding claims are claims which have been approved by the company for payment but not yet paid, and include expenses associated with the settlement of such claims.6. “Reinsurance recoveries” refers to reinsurance recoveries received or receivable from reinsurance in respect of claims paid including portfolio losses, during the period.

7. In respect of general business, “increase (decrease) in net policy liabilities” includes any increase or decrease in premium liabilities and claim liabilities. Claim liabilities include provisions set up for claims reported but not yet determined, claims incurred but not yet reported (IBNR), claims incurred but not enough reported (IBNER) and all expenses associated with the settlement of such claims.8. “Distribution expenses” includes all direct costs such as commissions and bonuses, and all indirect costs of benefits and services provided by the insurer in the distribution of its products. It shall include reinsurance commissions.9. “Management expenses” includes items such as staff salaries and expenses, office rent, repairs and maintenance and other expenses incurred for the general management of the company.10. “Provision for doubtful debts” refers to increase (decrease) in provisions for doubtful debts on receivables (e.g. reinsurance recoveries and outstanding premiums and agents’ balances), excluding loans. It shall include bad debts written off on receivables.Regulation 17(2)INSURANCE ACT (CHAPTER 142)INSURANCE (APPROVED MARINE, AVIATION AND TRANSIT INSURERS) REGULATIONSFORM 5 — INFORMATION ON EXTERNAL AUDITORSThe following information on an insurer’s external auditors is required:1. Name of audit firm

2. Date of appointment

3. Name and qualification of audit team leader

4. Number of members in the audit team.