Tweaks to proposed rules a relief for insurers
Add BT as a preferred source
DeeperDive is a beta AI feature. Refer to full articles for the facts.
Singapore
INSURERS, especially the life players here, can feel more relieved, now that the Monetary Authority of Singapore (MAS) has further revised the proposed capital-requirement rules.
The latest refinements to RBC 2 - the proposed enhancements to the current risk-based capital framework which have been deemed too onerous for the industry - have been laid out in a consultation paper that was released on Friday.
Copyright SPH Media. All rights reserved.
TRENDING NOW
‘Boring’ is the new black: The stars are aligning for a Singapore stock market revival
Near sell-out launches in March boost developer sales to 1,300 units after four slow months
China pips the US if Asean is forced to choose, but analysts warn against reading it like a sports result
Genting Singapore’s Lim Kok Thay receives S$7.5 million pay package for FY2025
