i see this as a good move to wake up some of the black sheeps in insurance industry, they take it for granted after serving for the first 2 to 3 years and forgotten about their good old clients.
http://www.channelnewsasia.com/news/business/singapore/mas-unveils-details-of/1289352.html
http://www.channelnewsasia.com/news/business/singapore/mas-unveils-details-of/1289352.html