Singapore legislation

Regulation 16

of Insurance (Valuation and Capital) Regulations 2004

Regulation 16

Reinsurance recoverables

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

A licensed insurer shall value reinsurance recoverables by aggregating the amounts of reinsurance recoverables outstanding after deducting any allowance for impairment losses.