What MAS’ Protected Cell Company Proposal Means for Insurers

MAS Proposes Protected Cell Companies Framework for Insurers

The Monetary Authority of Singapore (MAS) has proposed a new framework that would allow insurers to use Protected Cell Companies (PCCs) to separate risk programs within a single legal entity. This approach is intended to help insurers manage risks effectively while operating under one umbrella. The proposal from MAS aims to facilitate the segregation of different types of risk exposure, potentially offering operational benefits to insurers.

Original Source: https://fintechnews.sg/134134/insurtech/protected-cell-companies/