Global-Asia Insurance Partnership (GAIP)
GAIP is a tripartite partnership between the global insurance industry, regulators and policymakers, and academia, to build long-term resilience and close the protection gap in Asia.
Key Facts
S$89.2 billion
Total Gross Written Premiums (2025)
204
No. of Insurance and Reinsurance Companies
111
No. of brokers
What's New
-
“Insurance in Asia - Architects of Resilience, Partners in Growth” - Keynote Address by Mr Chee Hong Tat, Minister for National Development, and Deputy Chairman of the Monetary Authority of Singapore, at the Singapore International Reinsurance Conference (SIRC) on 2 November 2026
At the Singapore International Reinsurance Conference (SIRC), Mr Chee Hong Tat, Minister for National Development, and Deputy Chairman of MAS, spoke on insurers' roles as architects of resilience and partners in growth, and announced new measures to support infrastructure investment.
-
MAS Announces Measures to Support Insurers’ Investments in Infrastructure and Securitised Assets
MAS announced new initiatives to support insurers in mobilising long-term capital for infrastructure and securitisation investments. These include a S$30 million grant scheme to support insurers in building infrastructure investment capabilities, and a more risk-sensitive insurance capital framework.
-
Consultation Paper on Capital Treatment for Securitisation and Infrastructure Investments for Insurers
This consultation paper sets out the proposed enhancements to the capital treatment for securitised and infrastructure investments for insurers under RBC 2.
- Consultation number:
- P018-2026
- Start date:
- 02 November 2026
- Closing date:
- 18 December 2026
-
Motor Vehicle Financing Restrictions Extended to Individual-Owned Private Hire Cars
Financing arrangements for individual-owned PHCs to be subject to 60% or 70% LTV limit and 7-year tenure cap
-
Statement on Banks' Management of Haze-Related Environmental Risks
MAS expects banks to identify, assess, manage and monitor material environmental risks arising from their activities and exposures, including risks associated with pollution and deforestation.