Insurance Act 1966 (Chapter 142): Primary legislation that regulates insurance and reinsurance business in Singapore, establishes licensing requirements and sets out prudential requirements
Monetary Authority of Singapore Act (Chapter 186): Provides regulatory framework for financial institutions and grants MAS powers to regulate the insurance/reinsurance sector
MAS Notice 114: Regulatory guideline concerning Insurance Business - Transfers of Business and Shares
MAS Notice 124: Regulatory guideline concerning Risk Based Capital Requirements
MAS Notice 129: Regulatory guideline concerning Insurance Returns
Contract Act (Chapter 53): Part of Singapore Contract Law based on Common Law principles, governing general contractual relationships
Misrepresentation Act (Chapter 390): Governs issues related to misrepresentation in contracts under Singapore law
Principle of Utmost Good Faith: Insurance law-specific principle (Uberrimae Fidei) requiring highest degree of honesty and fairness between parties
Principle of Insurable Interest: Insurance law-specific principle requiring parties to have a legitimate interest in the subject matter of insurance
Principle of Indemnity: Insurance law-specific principle governing the mechanism of compensation in insurance contracts
IAIS Standards: International Association of Insurance Supervisors standards applicable to insurance and reinsurance business
Risk-Based Capital 2 Framework: International regulatory framework setting capital requirements for insurance companies
Personal Data Protection Act 2012: Legislation governing the collection, use, disclosure and care of personal data in Singapore
