In brief
On Nov. 2, 2026, Singapore’s MAS unveiled a 30‑million Singapore‑dollar (≈$23.5 million) grant supported by the Financial Sector Development Fund to help insurers establish and expand infrastructure investment teams. The grant is part of a broader initiative that includes a risk‑sensitive capital framework aimed at aligning insurers’ long‑dated liabilities with long‑term infrastructure assets and boosting private capital for regional projects.
In a press statement on Monday, MAS announced that it will allocate 30 million Singapore dollars (about $23.5 million) from the Financial Sector Development Fund to insurers under the Infrastructure Capability Development Grant. The move, finalized on 2 November 2026, aims to encourage insurers to enter the infrastructure market and develop the expertise needed to originate, assess and manage such projects.
The grant will cover costs associated with establishing dedicated investment teams, training existing staff, and hiring professional services to launch or expand infrastructure investment activities. MAS said the initiative would help insurers cover the upfront expenses typically associated with building long‑term investment capabilities.
Alongside the grant, MAS introduced a revised risk‑sensitive capital framework that reflects the underlying risks of infrastructure and other long‑term assets, including securitization structures. The framework is designed to maintain prudential standards while protecting policyholders and aligning insurers’ long‑dated liabilities with infrastructure investments.
According to the agency’s statement, the initiative is part of a broader strategy to mobilise private capital for regional infrastructure projects, thereby strengthening the resilience of Singapore’s financial sector and supporting regional development.
