Navigating Singapore’s competitive insurance market can be a challenge. Whether you’re seeking comprehensive health coverage, life insurance to protect your family, or general insurance for your car or home, choosing the right provider is crucial.
Singapore Insurance Companies (2025 Guide), provides a clear overview of the leading insurance companies in Singapore. We’ve categorized them to help you easily find and compare the best options for your specific needs.
Types of Insurance in Singapore
Most insurers specialize or offer a mix of the following:
Specialty Insurance & Reinsurance: These firms cover large-scale, complex, or niche risks (like aviation, marine, or trade credit) and provide insurance for other insurance companies.
Life & Health Insurance: Provides coverage for death, disability, critical illness, and medical expenses. This category also includes savings, investment, and retirement plans.
General Insurance: Covers a wide range of assets and liabilities, including auto, travel, home, personal accident, and business insurance.
How to Choose the Right Insurance in Singapore
Assess Your Needs: Determine the type and amount of coverage you require based on your age, dependents, financial situation, and assets.
Compare Quotes & Features: Don’t just look at the price. Compare the benefits, exclusions, claim limits, and riders of policies from different insurers.
Check Financial Strength: Choose an insurer with a strong credit rating from agencies like S&P or AM Best. This indicates their ability to pay claims.
Read Reviews & Service Ratings: Look for customer feedback regarding the claims process and overall customer service.
Understand the Policy: Always read the policy document carefully before committing. If in doubt, speak with a qualified financial advisor.
Top Insurance Companies in Singapore
Singapore Insurance Companies (2025 Guide). Explore key insurance providers offering life, health, general, and specialty insurance in Singapore:
All Insurers
General & life providers
Health Insurance Providers
Global Specialty Risks
Insurance Brokers & Risk Advisors
Other Financial Institutions (Banks)
Other Financial Institutions (Motoring Clubs)
Great Eastern
As the oldest insurer in Malaysia, they cover all aspects of life, health, and wealth.
General & life providers
AIA
AIA New Zealand: AIA is a prominent life insurance provider in New Zealand, offering products such as life cover, health insurance, and income protection. The company focuses on supporting the health and well-being of its customers through various wellness programs and initiatives.
General & life providers, Other Financial Institutions (Motoring Clubs)
Prudential plc
A leading international financial services group providing life insurance, health coverage, and asset management.
General & life providers
Income
Originally a social cooperative, it is one of Singapore's largest insurers. It provides a full range of life, health, and general insurance (auto, travel, home) and holds a strong reputation among Singaporeans.
General & life providers
Manulife
Offers a comprehensive range of life insurance, retirement solutions, and wealth management services globally.
General & life providers
Singlife
Emerging as a digital-first insurer, it became one of the largest insurance entities in Singapore after its merger with Aviva. It offers life, health, retirement, and investment solutions with a distinct technology-driven approach.
General & life providers
Tokio Marine Life
Provides a diverse range of life, health, and investment-linked insurance products for individuals.
General & life providers
HSBC Life SG
The insurance arm of HSBC,
offers a wide range of life, health, savings, and investment insurance to the bank's customers.
Other Financial Institutions (Banks)
ETIQA
Part of the Maybank group, it offers a wide array of life and general insurance products through both digital and traditional channels. It is known for its innovative and customer-centric solutions.
General & life providers
FWD Singapore
Known for its digital, direct-to-consumer approach, FWD offers life, health, accident, and general insurance (auto, travel, home) with simplified, customer-focused processes.
Health Insurance Providers
MSIG
A subsidiary of Japan's Mitsui Sumitomo Insurance, it is a major player in general insurance, offering coverage for auto, property, travel, and personal accident & health.
General & life providers
Chubb
Provides specialized commercial property and casualty insurance, as well as coverage for high-net-worth individuals.
General & life providers
Liberty Insurance
Offers a range of general insurance products, including auto, home, and commercial insurance for businesses.
General & life providers
Allianz Global Health
Part of the global Allianz Group, providing a wide range of car, home, business, and travel insurance products.
Health Insurance Providers
AIG
A global insurer providing diverse commercial, financial lines, and personal accident coverage.
Global Specialty Risks
SwissLife Group
Focuses on estate planning and private life solutions for high-net-worth clients in the region.
HL Assurance
Part of the Hong Leong Group, it offers a range of general insurance products, including travel, auto, and home insurance, often known for competitive pricing and promotions.
General & life providers
Zurich
Leading global reinsurers that provide capacity and innovative risk transfer solutions to other insurance companies.
General & life providers
Aetna (a CVS Health company)
Offers a wide range of international health insurance products, including medical, dental, and wellness plans for expatriates and multinational corporations.
Health Insurance Providers
Cigna
A global health service company offering health, dental, life, and accident insurance coverage.
Health Insurance Providers
Now Health
Specializes in premium international health insurance for expats, families, and companies worldwide.
Health Insurance Providers
Munich Re
One of the world's leading reinsurers, providing a wide array of reinsurance and primary insurance solutions.
Global Specialty Risks
BHSI
Provides commercial property, casualty, executive lines, and other specialty insurance for complex risks.
Global Specialty Risks
Swiss Re
Leading global reinsurers that provide capacity and innovative risk transfer solutions to other insurance companies.
Global Specialty Risks
LLOYD’S
A world-leading specialist insurance and reinsurance market, not a single insurance company.
Global Specialty Risks
FM Global
Specializes in large-scale commercial and industrial property insurance with a focus on loss prevention.
Global Specialty Risks
Allianz Trade
A global leader in assistance services and travel insurance, covering trip cancellations and medical emergencies.
Global Specialty Risks
Mapfre Re
Global Specialty Risks
QBE
Offers a comprehensive suite of personal, commercial, and corporate insurance solutions.
Global Specialty Risks
STARR
Offers specialty insurance for aviation, marine, energy, construction, and other commercial liability risks.
Global Specialty Risks
Gen RE
A global reinsurer providing risk solutions and capacity to other insurance companies i
Global Specialty Risks
PartnerRe
A leading global reinsurer offering solutions in specialty lines, property, casualty, life, and health reinsurance.
Global Specialty Risks
AXIS Capital
Offers a broad range of specialty insurance and reinsurance through its global operations, including Singapore.
Global Specialty Risks
Markel Corporation
Provides niche and specialty insurance products, including professional liability and cyber insurance.
Global Specialty Risks
HDI
A German-backed global insurer providing a broad range of industrial and commercial insurance solutions.
Global Specialty Risks
CHINA RE
It is the leading state-owned reinsurer in China and serves international markets.
Global Specialty Risks
Korean Re
It is South Korea's leading reinsurer and serves as a regional hub for its reinsurance business.
Global Specialty Risks
Gard
A leading provider of marine insurance (Protection & Indemnity) for the global shipping industry.
Global Specialty Risks
Pacific Life Re
A global reinsurance company specializing in life, health, and annuity markets in Australia.
Global Specialty Risks
Renaissarance Re
A global provider of reinsurance, specializing in property catastrophe and other specialty risks
Global Specialty Risks
Everest
Offers a wide range of specialty insurance, reinsurance, and property/casualty products globally.
Global Specialty Risks
AXA XL
Focuses on providing specialty insurance and reinsurance solutions for large and multinational corporations.
Global Specialty Risks
Chaucer Group
A specialty insurance group operating through syndicates at Lloyd's.
Global Specialty Risks
Atradius
A global provider of trade credit insurance, surety, and collections services for businesses.
Global Specialty Risks
Coface
Specializes in business trade credit insurance, protecting companies against non-payment of commercial debts
Global Specialty Risks
AON
A global leader providing risk management, insurance brokerage, and advisory services.
Insurance Brokers & Risk Advisors
Marsh
A global leader in insurance broking and risk management, serving businesses of all sizes.
Insurance Brokers & Risk Advisors
ING
A major bank offering straightforward home, car, and travel insurance, often through partnerships.
Other Financial Institutions (Banks)
Howden
An international insurance broker with a focus on corporate risk, specialty, and reinsurance solutions.
Insurance Brokers & Risk Advisors
ERGO
A major European insurer and part of Munich Re, one of the world's leading reinsurers.
Global Specialty Risks
Pacific Prime
An international insurance broker offering tailored health and medical plans from various global insurers.
Insurance Brokers & Risk Advisors
Singapore Insurance Regulations
Monetary Authority of Singapore (MAS) Guidelines
The Monetary Authority of Singapore (MAS) oversees all insurance operations in the country, with clear frameworks in place for:
Product development and underwriting
Claims handling and pricing
Reinsurance and fraud prevention
For example, MAS promotes risk management strategies to combat insurance fraud, including: