Regulation 15
Deposits withheld by cedants
of Insurance (Valuation and Capital) Regulations 2004
Subsidiary LegislationIn forceProvision 20 of 25
Regulation 15
Amended byS 233/2013 wef 18/04/2013
A licensed insurer shall value deposits withheld by cedants by aggregating the amounts of deposits outstanding after deducting any amount deemed uncollectible from the cedant.