Insurance and Risk Financing
Today, Singapore is well-recognised as the leading reinsurance and specialty insurance centre in Asia. We continue to deepen underwriting and research capabilities in large and complex risks, and aim to become a global capital for Asian risk transfer offering a wide spectrum of risk financing solutions that goes beyond traditional insurance and reinsurance, to risk pools and alternative risk transfer mechanisms such as insurance linked securities and supported by forward looking technology and highly skilled future ready professionals.
GAIP is a leading global Centre of Excellence in insurance and risk management, with a focus on Asia. It 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$18.9 billion
Gross Written Premiums (life)
118
No. of Insurance and Reinsurance Companies
88
No. of brokers
What's New
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"Singapore's Grants to the International Monetary Fund's Trust for Special Poverty Reduction and Growth Operations for the Heavily Indebted Poor Countries" - Third Motion Speech by Mr Ong Ye Kung, Minister for Transport, on behalf of Mr Tharman Shanmugaratnam, Senior Minister and Minister in charge of the Monetary Authority of Singapore on 5 April 2021
Third Motion Speech by Mr Ong Ye Kung, Minister for Transport, on behalf of Mr Tharman Shanmugaratnam, Senior Minister and Minister in charge of the Monetary Authority of Singapore
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"Singapore's Grant to the International Monetary Fund's COVID-19 Crisis Capacity Development Initiative" - Second Motion Speech by Mr Ong Ye Kung, Minister for Transport, on behalf of Mr Tharman Shanmugaratnam, Senior Minister and Minister in charge of the Monetary Authority of Singapore on 5 April 2021
Second Motion Speech by Mr Ong Ye Kung, Minister for Transport, on behalf of Mr Tharman Shanmugaratnam, Senior Minister and Minister in charge of the Monetary Authority of Singapore
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"Singapore's Grants to the International Monetary Fund's Catastrophe Containment and Relief Trust" - First Motion Speech by Mr Ong Ye Kung, Minister for Transport, on behalf of Mr Tharman Shanmugaratnam, Senior Minister and Minister in charge of the Monetary Authority of Singapore on 5 April 2021
First Motion Speech by Mr Ong Ye Kung, Minister for Transport, on behalf of Mr Tharman Shanmugaratnam, Senior Minister and Minister in charge of the Monetary Authority of Singapore on 5 April 2021
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Reply to Parliamentary Question on Statistics on Insurance Agents
Written Reply to Parliamentary Question on Statistics on Insurance Agents
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Reply to Parliamentary Question on Crypto Asset Market
Written Reply to Parliamentary Question on Crypto Asset Market