{"url_path":"/sec/cupr/10-k/2026/item-11","section_key":"item-11","section_title":"Item 11 QUANTITATIVE AND QUALITATIVE DISCLOSURE ABOUT MARKET RISK**","topic":"sec","document":{"doc_type":"20-F","doc_date":"2026-04-27","source_url":"https://www.sec.gov/Archives/edgar/data/1995704/0001493152-26-019085-index.html","accession_number":"0001493152-26-019085","cik":"0001995704","ticker":"CUPR","issuer_name":"Cuprina Holdings (Cayman) LTD","edgar_url":"https://www.sec.gov/Archives/edgar/data/1995704/0001493152-26-019085-index.html","primary_entity_key":"0001995704","primary_entity_name":"Cuprina Holdings (Cayman) LTD"},"word_count":325,"has_tables":true,"body_markdown":"**ITEM\n11. QUANTITATIVE AND QUALITATIVE DISCLOSURE ABOUT MARKET RISK**\n\n \n\n**Credit\nrisk**\n\n \n\nCredit\nrisk is the risk of loss that may arise on outstanding financial instruments should a counterparty default on its obligations. Our exposure\nto credit risk arises primarily from accounts receivable and cash and bank balances. We manage our credit risk by dealing with high credit\nrating counterparties.\n\n \n\nOur\nobjective is to seek continual revenue growth while minimizing losses incurred due to increased credit risk exposure. We trade only with\nrecognized and creditworthy third parties and uses credit verification procedures for customers seeking to trade on credit terms. In\naddition, receivable balances are monitored on an ongoing basis with the result that our exposure to bad debts is not significant in\nrelation to our turnover.\n\n \n\n**Interest\nrate risk**\n\n \n\nInterest\nrate risk is the risk that the fair value or future cash flows of our financial instruments will fluctuate because of changes in market\ninterest rates. Our exposure to interest rate risk arises primarily from the borrowings and lease liabilities.\n\n \n\nWe\nmanage interest rate risk exposure while obtaining sufficient funds for business expansion and working capital needs by regularly assessing\nand monitoring our cash levels with reference to our business plans and day-to-day operations.\n\n \n\n**Liquidity\nrisk**\n\n \n\nLiquidity\nrisk is the risk that we will encounter difficulty in meeting financial obligations due to shortage of funds.\n\n \n\n112\n\n \n\n \n\nOur\nexposure to liquidity risk arises primarily from mismatches of the maturities of financial assets and liabilities. In the management\nof the liquidity risk, we monitor and maintain a level of cash and bank balances deemed adequate by the management to finance our operations\nand mitigate the effects of the fluctuations in cash flows.\n\n \n\n**Foreign\nexchange risk**\n\n \n\nForeign\ncurrency risk is the risk that the fair value or future cash flows of a financial instrument will fluctuate because of changes in foreign\nexchange rates. We have minimum foreign currency risk as our transactions are substantially transacted in Singapore Dollars."}