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Insurance Act 1966. 2020 REVISED EDITION. This revised edition incorporates all amendments up to and including 1 December 2021 and comes into operation on 31 December 2021.
Dec 31, 2021 · An Act for the regulation of insurance business and insurance intermediaries in Singapore, and for other purposes relating thereto or connected therewith. [1st January 1967] Singapore Statutes Online is provided by the Legislation Division of the Singapore Attorney-General's Chambers.
Dec 31, 2002 · An Act for the regulation of insurance business in Singapore, and for other purposes relating thereto or connected therewith. [1st January 1967] Singapore Statutes Online is provided by the Legislation Division of the Singapore Attorney-General's Chambers.
The Insurance Act (“IA”) primarily governs the licensing and regulation of insurance business, insurers, insurance intermediaries and related institutions in Singapore. Insurers can carry on insurance business in Singapore either as licensed insurers or foreign insurers.
An Act for the regulation of insurance business and insurance intermediaries in Singapore, and for other purposes relating thereto or connected therewith. [1st January 1967]
Nov 10, 2022 · On 4 November 2022, the Monetary Authority of Singapore (“MAS”) issued a consultation paper seeking feedback on amendments to the Insurance Act 1966 (“IA”) and the Insurance (Intermediaries) Regulations (“IIR”). The consultation closes on 13 January 2023.
Jan 31, 2023 · The Insurance Act 1966 is the governing legislation that regulates insurance activities in Singapore, including as between insurers, insurance intermediaries and related institutions. As a regulated business, all insurers must apply in writing to the Monetary Authority of Singapore (“ MAS ”) for a licence.
An Act to consolidate and amend the law relating to the business of insurance. WHEREAS it is expedient to consolidate and amend the law relating to the business of insurance ; It is hereby enacted as follows: — PART I PRELIMINARY 1. Short title, extent and commencement. — (1) This Act may be called the Insurance Act,1938.
Jan 25, 2019 · Types of policies. 24.1.3 Insurance policies can cover a wide range of risks and can accordingly be classified in several ways – e.g. first party and third party insurance, life and non-life policies, as well as marine and non-marine insurance.
3 days ago · Definition of insurance terms. General. 1.—. (1) “Policy” includes any contract of insurance whether or not embodied in or evidenced by an instrument in the form of a policy, and references to issuing a policy are to be construed accordingly.
