Monetary Authority of Singapore · 1966 (multiple amendments)
Insurance Act (IA)
Primary insurance regulation in Singapore. RBC 2 framework operational since 2020 strengthens capital and risk management requirements.
Scope
Who must comply
Insurers, reinsurers, captive insurers, intermediaries
Key controls & obligations
The control catalogue
- 01Risk-based capital (RBC 2)
- 02ERM framework
- 03Own Risk and Solvency Assessment (ORSA)
- 04Outsourcing guidelines for insurers
- 05Fit & proper criteria
Educational disclaimer
RiskPedia content is for educational purposes only. Not legal or regulatory advice. Refer to the Monetary Authority of Singapore for binding text.