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There are two classes of members, namely, Ordinary members and Associate members.
It is open to any company that is licensed by the Monetary Authority of Singapore (MAS) to transact direct life insurance business in Singapore.
It is open to any company that does not qualify for ordinary membership, that is, reinsurance companies licensed by the MAS to transact life reinsurance business in Singapore.
As of now, there are 29 members comprising 22 Ordinary members and seven Associate members.
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