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Insurers wary as Singapore revamps RBC rules

MAS proposals would force insurers to re-examine their business mix to accommodate higher capital charges

singapore-city-sunset

The Monetary Authority of Singapore (MAS) is often seen as a regulatory trend-setter in Asia so insurers are watching the current overhaul of its risk-based capital (RBC) regime with interest, looking for clues as to what other supervisors might do in future.

A consultation that closed at the end of June gives an insight into what is coming, even though MAS will make changes to its proposals

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