MAS Publishes Singapore’s Systemically Important Insurers
Posted on 09/27/2023
The Monetary Authority of Singapore (MAS) published its framework for designating systemically important insurers. The list includes: Income Insurance Limited, Prudential Assurance Company Singapore (Pte) Limited; and The Great Eastern Life Assurance Company Limited. A new framework to make the assessment will be rolled out in January 2024. Insurers whose failures are assessed to have…
