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Home >> Insurance >>Insurance Singapore Industry

Singapore Insurance Industry


The growth of financial market in Singapore has congruously developed the insurance industry in the country. According to the Insurance Development Data as in the year 2003, the total assets of the Singapore insurance industry has reached at $77,406.4 Millions.

The Monetary Authority of Singapore, Insurance Supervision Division has been acting as the regulatory authority in the insurance business in the country.

Insurance Companies In Singapore

Leading insurance companies in Singapore on the basis of Gross Written Premiums are given in the following list.

Life Insurance Companies In Singapore:

Major life insurance companies in Singapore are as follows:
  • AIA Insurance
  • Great Eastern Life Insurance
  • Aviva Insurance
  • Manu life Insurance
  • AXA Life Singapore
  • HSBC Insurance
  • Prudential Insurance Singapore:
    Prudential Insurance Singapore is one of the major insurance companies in Singapore. It is considered to be one of the leading insurance companies on the basis of factors like gross written premiums. Prudential Insurance Singapore also issues PruTerm Plans like the PruTerm Basic and the PruTerm Renewable. These plans offer a lot of benefit with regards to use as well as coverage against various crises.

Non-Life Insurance Companies In Singapore

Major Non-Life Insurance Companies in Singapore are as follows:
  • American Home Insurance
  • Axa Singapore Insurance
  • India International Insurance
  • Aviva Insurance
  • AIA Insurance
  • Mitsui Sumitomo Insurance
  • Ace Insurance
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