(NAR) VOL. 11 NO.2 / APRIL – JUNE 2000
FOR LIFE INSURANCE COMPANIES 8.6413276%
FOR NON-LIFE INSURANCE COMPANIES 9.0553075%
The corresponding interest income due from the Security Fund contributions shall henceforth be reinvested in Government Securities for the accounts of Security Fund, Life and Non-Life insurance companies, and deposited with the Bureau of the Treasury.
You will be advised regularly of income earned out of said reinvestment
Adopted: 03 May 2000
(SGD.) EDUARDO T. MALINIS
Insurance Commissioner