Singapore legislation

Regulation 14

of Insurance (Valuation and Capital) Regulations 2004

Regulation 14

Outstanding premiums and agents’ balances

Amended byS 233/2013 wef 18/04/2013S 845/2018 wef 01/01/2019

A licensed insurer shall value the outstanding premiums and agents’ balances by aggregating the principal amounts outstanding after deducting any allowance for impairment losses.

Read in full context — Insurance (Valuation and Capital) Regulations 2004 →