Licensed Insurers

A person who desires to carry on insurance business in Singapore as an insurer shall apply in writing to MAS for licensing under section 8 of the Insurance Act (Cap. 142). MAS may license the applicant as a direct insurer, reinsurer or captive insurer.

Prospective applicants are encouraged to meet with the Insurance Department, MAS to discuss their business plans before submitting a formal application. All applications are to be submitted on prescribed forms, which are available in the relevant sections.

For further clarifications or enquiries on the licensing requirement, please send them to

For more information on MAS’ requirements for all insurers, please refer to the pages under Insurance

Last Modified on 08/09/2017