Singapore: 2021 participating fund health check

2020 was an extreme year for financial markets and the world in general. It was even more challenging for insurers in Singapore as these extreme financial conditions coincided with the introduction of the updated risk-based capital solvency framework that came into force from 31 March 2020. This e-Alert reviews the position of participating funds in Singapore at the end of 2020, based on public information published in 2021.