In force2020 Revised EditionCurrent version · 2020 Revised EditionSee versions on Singapore Statutes Online(opens the publisher’s site)
9. Re-insurance
Feedback & support(1)
The insurer under a contract of marine insurance has an insurable interest in his risk, and may re-insure in respect of it.
(2)
Unless the policy otherwise provides, the original assured has no right or interest in respect of such re-insurance.