Section 11: Investments

11. Investments (1) The board of directors of a captive insurer shall— (a) be responsible for the formulation and approval of the investment policy, strategy and objectives of the captive insurer; and C2 – 9 [Issue 10] Captive Insurance Act 2015 (b) in respect of the captive insurer, take account of— (i) the analysis of its asset and liability relationship; (ii) its overall risk tolerance; (iii) its long-term risk-return requirements; and (iv) its liquidity requirements and solvency position. (2) The Minister may make such regulations as may be necessary in respect of the investments of a captive insurer. (3) The Commission may make such FSC Rules as may be necessary in respect of the investments of a captive insurer.