Singapore to introduce Protected Cell Company (PCC) structure for insurance sector

The Monetary Authority of Singapore (MAS) will launch a consultation on a new Protected Cell Company (PCC) framework. This structure allows assets and liabilities to be ring-fenced in individual cells under one core entity, facilitating more accessible captive insurance and efficient insurance-linked securities risk transfers.

Why it mattersPractitioners may need to advise corporate clients on new options for captive insurance and risk-transfer structures once the framework is finalized.