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A Beginner s Guide to Major Insurance Companies in Singapore

A Beginner’s Guide to Major Insurance Companies in Singapore MoneySmart 29/1/2021 © Provided by MoneySmart Beginner’s Guide to Major Insurance Companies in Singapore Can’t tell AIA from AXA? When it comes to buying insurance, the brand of your policy might not matter, but it s definitely helpful to know about the main insurance companies in Singapore. The next time you need a portfolio review, rather than only getting quotes from whichever company your agent is from, you can also source policies from other insurance companies in the same field. Insurance companies in Singapore: an overview All insurance companies in Singapore are regulated by the Monetary Authority of Singapore (MAS). Insurers must have a licence to operate, and insurance brokers must be registered with MAS. The Singapore insurance industry is represented by two non-profit trade associations the

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