In forceAmendedAs enactedCurrent version · As enactedSee versions on Singapore Statutes Online(opens the publisher’s site)
14. Outstanding premiums and agents’ balances
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Last amended by an amending law of 2018. 2 amendments in all.
A licensed insurer shall value the outstanding premiums and agents’ balances by aggregating the principal amounts outstanding after deducting any allowance for impairment losses.