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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.

Global-Asia Insurance Partnership (GAIP)

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.

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Overview

Learn more about the various types of insurance entities, licensing requirements and key facts.

Setting up in Singapore

Find out more about the support that is available for your business operations.

Grants

Find out about support for firms and individuals participating in the financial services sector.

Tax Incentives

Find out about support for firms and individuals participating in the financial services sector.

Initiatives

Find out about schemes and initiatives to develop Singapore as a global capital for Asian risk transfer.

Jobs and Skills

Find out how individuals and companies can develop expertise and grow the talent pool in financial services. 

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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