INSURANCE STATISTICS 2018 - mas.gov.sg

120
INSURANCE STATISTICS 2018

Transcript of INSURANCE STATISTICS 2018 - mas.gov.sg

Page 1: INSURANCE STATISTICS 2018 - mas.gov.sg

INSURANCE STATISTICS

2018

Page 2: INSURANCE STATISTICS 2018 - mas.gov.sg

Key Financial Indicators

Page 3: INSURANCE STATISTICS 2018 - mas.gov.sg

INSURANCE DEVELOPMENT DATA 2000 2010 2016 2017 2018

Total Industry Assets* ($m) 45,409.8 149,335.3 225,060.3 254,625.4 272,006.8^

Insurance Development :

Per Capita Expenditure ($) - Life Insurance 2,615.5 3,791.5 5,777.2 7,059.1 7,904.0 - General Insurance 521.0 856.5 1,009.7 997.6 1,022.0 As % of GDP - Domestic Life Sums Insured 158.0 195.3 275.2 272.5 267.7 - Domestic Life Premiums 5.3 4.4 5.5 6.3 6.4 - Domestic General Premiums 1.1 1.0 1.0 0.9 0.8 - Domestic Life Fund Assets 21.7 36.6 42.4 45.7 42.8 - Domestic General Fund Assets 2.6 2.6 2.7 2.4 2.2

* Comprise assets of Singapore Insurance Fund, Offshore Insurance Fund and Shareholders' funds of local companies.

^ Updated on 7 Nov 2019

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LIFE INSURANCE DATA 2000 2010 2016 2017 2018

SINGAPORE INSURANCE FUND

$m $m $m $m $m

Total New Business1:

No. of Policies 617,204 1,064,968 1,149,865 1,276,882 1,292,825

Sum Insured 41,293 91,616 251,397 212,062 221,310

Annual Premiums 706 1,451 2,916 3,346 3,534

Total Business in Force1:

No. of Policies 4,009,071 11,763,706 13,833,228 14,284,458 14,786,714

Sum Insured 252,591 629,475 1,129,068 1,218,725 1,314,982

Annual Premiums 5,072 9,213 16,983 18,353 19,825

New Annuity Business

No. of Policies 5,144 2,186 394 346 448

Considerations 266 152 21 25 38

Annuity Business in Force:

No. of Policies 22,866 72,286 67,593 66,478 65,589

Annual Payments3 104 588 534 504 486

Net Premium: 8,535 14,300 22,725 27,995 31,571

Benefit Payment 2,009 10,082 14,616 16,229 16,546

Total Assets2: 34,761 118,013 173,945 204,260 210,336

% % % % %

Surrender Rate: 2.4 2.3 2.3 2.2 1.9

Average 2-year Persistency Rate: 93.8 93.7 95.2 96.1 NA

OFFSHORE INSURANCE FUND

$m $m $m $m $m

Net Premium:

Direct Insurers 4.2 1,537 522 -219 892

Professional Reinsurers 207.4 2,103 4,084 3,092 6,690

1 Total business excludes annuities2 Includes both direct insurers and reinsurers. 3 "Annual Payments" under annuity business in force include deferred annuity payments

whereas benefit payments for annuity relate to the amount of annuities actually paid during the

year.

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GENERAL INSURANCE DATA 2000 2010 2016 2017 2018

SINGAPORE INSURANCE FUND 1

$m $m $m $m $m

Gross Premiums 2 1,700.2 3,230.6 3,971.6 3,956.3 4,082.1

Net Premiums 1,276.6 2,518.1 2,669.2 2,503.4 2,611.3

Retention Ratio (%) 75.1 77.9 67.2 63.3 64.0

Incurred Loss Ratios (%) 64.6 55.1 52.4 51.6 54.3

Underwriting Results 8.1 276.3 185.4 129.2 77.2

Total Assets 4,173.3 8,363.9 11,140.7 10,841.2 10,884.8

OFFSHORE INSURANCE FUND

Gross Premiums 1,705.3 5,349.4 8,865.6 8,730.6 12,750.2

Net Premiums 1,375.1 3,670.8 5,284.2 5,383.5 8,032.1

Retention Ratio (%) 80.6 68.6 59.6 61.7 63.0

Incurred Loss Ratios (%) 66.4 64.4 64.8 44.4 82.5

Underwriting Results -135.0 19.0 176.0 806.1 -1,168.4

Total Assets 3,793.2 11,197.0 22,190.3 21,362.0 26,753.4

1 Includes both direct insurers and reinsurers.2 For direct insurers only.

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Industry Data for 2018 Life Insurance Business

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Number % Change $m % Change $m % Change $m % Change

NON-LINKED

2014 934,456 -6.5 1,882.2 -12.5 6,604.2 29.5 78,465.0 6.8

2015 932,265 -0.2 2,009.4 6.8 6,973.7 5.6 90,594.7 15.5

2016 1,052,471 12.9 2,402.5 19.6 7,990.5 14.6 107,787.7 19.0

2017 1,151,857 9.4 2,672.7 11.2 10,681.5 33.7 120,740.7 12.0

2018 1,153,347 0.1 2,735.9 2.4 10,465.2 -2.0 130,690.9 8.2

LINKED

2014 105,269 14.6 330.3 22.0 2,068.1 6.7 10,253.7 9.1

2015 113,065 7.4 330.6 0.1 2,488.0 20.3 10,722.9 4.6

2016 90,079 -20.3 238.5 -27.9 2,266.6 -8.9 8,848.8 -17.5

2017 117,566 30.5 351.3 47.3 3,957.5 74.6 9,670.9 9.3

2018 131,000 11.4 461.2 31.3 3,709.5 -6.3 9,265.2 -4.2

Number % Change $m % Change $m % Change

2014 576 -11.7 29.3 -20.6 1.8 -0.1

2015 349 -39.4 16.1 -44.9 1.3 -31.1

2016 394 12.9 20.7 28.7 1.4 14.8

2017 346 -12.2 25.2 21.3 1.5 6.4

2018 448 29.5 38.2 51.9 2.0 31.6

Single Premiums Annual Payment

TABLE AL 1.2

TOTAL NEW INDIVIDUAL ANNUITIES BUSINESS (SIF)

TABLE AL 1.1

TOTAL NEW INDIVIDUAL BUSINESS (SIF)

Sum InsuredYear

Single PremiumsAnnual PremiumsPolicies

YearPolicies

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Number % Change Number % Change $m % Change $m % Change $m % Change

2014 7,036 7.7 916,259 1.3 239.0 -10.5 0.6 -32.1 43,777.1 8.1

2015 7,340 4.3 956,363 4.4 292.3 22.3 1.8 200.5 66,876.7 52.8

2016 7,315 -0.3 1,194,426 24.9 275.2 -5.8 1.8 -1.3 134,760.7 101.5

2017 7,459 2.0 931,975 -22.0 321.8 16.9 1.8 0.7 81,650.4 -39.4

2018 8,478 13.7 944,232 1.3 336.6 4.6 1.7 -3.4 81,354.2 -0.4

Note: Excludes New Group Annuity Business

TABLE AL 1.4

TOTAL NEW BUSINESS FOR LIFE REINSURERS

$m % Change $m % Change $m % Change

SIF

2014 92.1 -21.8 0.0 -100.0 62,548.1 74.1

2015 48.5 -47.3 0.0 0.0 42,794.4 -31.6

2016 117.0 141.2 0.0 0.0 51,427.3 20.2

2017 249.0 112.8 0.0 0.0 42,402.4 -17.5

2018 111.8 -55.1 0.0 0.0 59,426.8 40.1

OIF

2014 356.0 -14.8 0.0 -100.0 145,701.8 6.8

2015 1,016.7 185.6 0.0 0.0 165,579.3 13.6

2016 1,214.1 19.4 0.0 0.0 210,569.3 27.2

2017 395.1 -67.5 0.0 0.0 124,338.8 -41.0

2018 979.5 147.9 0.5 0.0 405,870.3 226.4

YearAnnual Premiums Single Premiums Sum Insured

Lives Insured Annual Premiums

TABLE AL 1.3

TOTAL NEW GROUP BUSINESS (SIF)

YearPolicies Sum InsuredSingle Premiums

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TABLE AL 2.1

TOTAL INDIVIDUAL BUSINESS IN FORCE (SIF)

Number % Change $m % Change $m % Change

NON-LINKED

2014 11,637,736 2.2 11,458.3 10.9 563,701.0 9.0

2015 11,974,398 2.9 12,637.9 10.3 620,918.8 10.2

2016 12,366,804 3.3 13,956.9 10.4 689,170.4 11.0

2017 12,836,675 3.8 15,117.9 8.3 752,554.7 9.2

2018 13,323,307 3.8 16,281.1 7.7 829,893.0 10.3

LINKED

2014 1,466,959 -0.9 1,926.7 8.0 99,367.6 3.2

2015 1,456,675 -0.7 2,011.4 4.4 102,791.4 3.4

2016 1,431,021 -1.8 2,001.6 -0.5 104,116.6 1.3

2017 1,414,613 -1.1 2,106.9 5.3 105,072.0 0.9

2018 1,428,596 1.0 2,333.2 10.7 106,051.5 0.9

TABLE AL 2.2

TOTAL INDIVIDUAL ANNUITY BUSINESS IN FORCE (SIF)

Number % Change $m % Change

2014 69,787 -1.1 552.5 -1.1

2015 68,835 -1.4 547.4 -0.9

2016 67,592 -1.8 533.4 -2.6

2017 66,477 -1.6 504.2 -5.5

2018 65,588 -1.3 485.6 -3.7

TABLE AL 2.3

TOTAL GROUP BUSINESS IN FORCE (SIF)

Number % Change Number % Change $m % Change $m % Change

2014 35,441 -6.2 5,048,591 1.8 967.6 7.9 240,002.6 6.0

2015 35,679 0.7 4,944,914 -2.1 1,036.9 7.2 266,856.7 11.2

2016 35,403 -0.8 4,971,055 0.5 1,024.2 -1.2 335,781.0 25.8

2017 33,170 -6.3 4,757,098 -4.3 1,127.8 10.1 361,098.6 7.5

2018 34,811 4.9 4,780,952 0.5 1,210.8 7.4 379,037.0 5.0

Note: Excludes Group Annuity Business in Force

TABLE AL 2.4

TOTAL BUSINESS IN FORCE FOR LIFE REINSURERS

$m % Change $m % Change

SIF

2014 289.4 8.8 146,558.8 77.6

2015 270.4 -6.6 147,400.1 0.6

2016 355.3 31.4 163,113.7 10.7

2017 585.7 64.9 185,198.0 13.5

2018 415.8 -29.0 151,822.3 -18.0

OIF

2014 2,203.5 9.0 493,622.3 22.0

2015 3,145.0 42.7 662,037.6 34.1

2016 3,656.5 16.3 708,604.3 7.0

2017 3,282.8 -10.2 790,153.1 11.5

2018 3,844.0 17.1 904,371.2 14.5

Year

Annual Premiums Sum Insured

Sum InsuredYear

Policies Lives Insured Annual Premiums

Year

Policies Annual Payments

YearPolicies Annual Premiums Sum Insured

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TABLE AL 3.1

DISTRIBUTION OF NEW INDIVIDUAL BUSINESS (SIF)

Year Whole Life Endowment Term Others Total

NON-LINKED

2014 8.3 22.7 11.0 58.0 100

2015 9.4 23.2 11.2 56.2 100

2016 9.2 21.8 12.9 56.1 100

2017 8.5 24.2 12.8 54.5 100

2018 9.6 23.0 14.3 53.1 100

2014 11.3 64.3 6.0 18.4 100

2015 13.4 64.4 5.4 16.8 100

2016 17.1 58.6 5.7 18.6 100

2017 15.2 56.6 5.9 22.3 100

2018 16.3 52.5 6.6 24.6 100

2014 59.0 37.2 3.7 0.1 100

2015 67.5 27.7 4.7 0.1 100

2016 67.9 30.7 1.3 0.1 100

2017 49.4 49.3 1.3 0.0 100

2018 53.9 44.9 1.1 0.1 100

LINKED

2014 83.1 16.9 0.0 0.0 100

2015 85.9 14.1 0.0 0.0 100

2016 88.9 11.1 0.0 0.0 100

2017 86.6 13.4 0.0 0.0 100

2018 89.2 10.8 0.0 0.0 100

2014 87.2 12.7 0.0 0.1 100

2015 85.0 14.8 0.0 0.2 100

2016 95.5 4.3 0.0 0.2 100

2017 96.9 3.0 0.0 0.1 100

2018 97.7 2.2 0.0 0.1 100

2014 72.1 27.9 0.0 0.0 100

2015 79.1 20.9 0.0 0.0 100

2016 83.9 16.1 0.0 0.0 100

2017 85.0 15.0 0.0 0.0 100

2018 84.8 15.2 0.0 0.0 100

Number of Policies

Annual Premiums

Single Premiums

(%)

Number of Policies

Annual Premiums

Single Premiums

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TABLE AL 3.2

DISTRIBUTION OF INDIVIDUAL BUSINESS IN FORCE (SIF)

Year Whole Life Endowment Term Others Total

NON-LINKED

2014 17.0 16.6 19.8 46.6 100

2015 16.9 16.4 19.4 47.3 100

2016 16.7 16.2 19.1 48.0 100

2017 16.4 16.5 18.8 48.3 100

2018 16.2 16.6 18.5 48.7 100

2014 26.8 46.7 5.9 20.6 100

2015 25.6 48.5 5.8 20.1 100

2016 25.4 48.8 5.8 20.0 100

2017 24.8 48.2 6.0 21.0 100

2018 24.6 46.9 6.2 22.3 100

LINKED

2014 75.2 24.8 0.0 0.0 100

2015 76.4 23.6 0.0 0.0 100

2016 77.4 22.6 0.0 0.0 100

2017 78.5 21.5 0.0 0.0 100

2018 79.7 20.3 0.0 0.0 100

2014 85.2 14.6 0.0 0.2 100

2015 85.8 14.0 0.0 0.2 100

2016 88.4 11.4 0.0 0.2 100

2017 90.7 9.1 0.0 0.2 100

2018 92.9 7.1 0.0 0.0 100

TABLE AL 3.3

DISTRIBUTION OF GROUP BUSINESS IN FORCE (SIF)

Year Term Accident Health Others Total

2014 29.3 7.7 62.4 0.6 100

2015 30.8 7.9 60.8 0.5 100

2016 31.4 8.0 60.1 0.5 100

2017 33.5 4.4 61.6 0.5 100

2018 32.6 5.7 61.2 0.5 100

2014 30.9 2.1 64.3 2.7 100

2015 29.9 1.9 65.6 2.6 100

2016 27.8 2.1 67.8 2.3 100

2017 24.8 1.8 70.9 2.5 100

2018 23.7 1.7 71.9 2.7 100

Annual Premiums

Annual Premiums

Number of Policies

Annual Premiums

(%)

Number of Policies

Number of Policies

(%)

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1 - Year 2 - Year 3 - Year 4 - Year 5 - Year

2014 99.0 96.1 94.0 93.0 92.3

2015 98.9 95.7 93.4 92.4

2016 99.1 96.0 94.1

2017 99.2 96.6

2018 99.0

N year persistency rate: percentage of premiums in force at the end of (N - 1) calendar years

after the year of issue

TABLE AL 4

PERSISTENCY OF INDIVIDUAL POLICIES

(%)

Persistency RatesYear of Issue

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TABLE AL 5.1TERMINATION OF INDIVIDUAL BUSINESS (SIF)

Year Death Maturity Surrender Forfeiture Expiry Others

2014 16.1 97.4 65.6 93.0 143.2 343.92015 17.7 90.4 82.5 114.7 160.0 364.42016 21.8 87.1 86.5 89.4 210.5 588.42017 25.8 78.6 97.7 117.0 211.6 981.02018 25.2 71.2 96.9 102.0 252.1 1,024.5

LINKED2014 1.3 3.7 95.3 4.5 0.9 81.32015 1.8 3.1 98.3 2.9 0.7 107.52016 2.0 3.3 112.9 4.4 1.2 124.42017 1.7 4.8 118.3 3.3 0.6 117.22018 2.0 8.8 111.1 3.6 0.3 109.0

Note: Excludes Individual Annuity Business

Year Expiry OthersAnnual Premiums

2014 101.8 66.62015 139.8 83.22016 150.7 137.12017 151.0 67.22018 167.5 86.2

Note: Excludes Group Annuity Business

($ million)

TABLE AL 5.2

TERMINATION OF GROUP BUSINESS

(SIF)

($ million)

Annual PremiumsNON-LINKED

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TABLE AL 6CLAIMS OF LIFE INSURERS (SIF)

YearDeaths and

DisabilitiesMaturities Surrenders

Cash

BonusesAnnuities Others

2014 859.2 7,689.8 997.0 292.9 257.3 1,464.12015 970.4 6,020.8 1,220.0 352.1 263.2 1,644.22016 1,075.8 6,102.9 1,554.0 391.2 265.5 1,967.02017 1,166.0 6,045.9 1,554.6 432.4 265.9 2,310.02018 1,178.7 6,248.5 1,673.7 538.9 267.5 2,544.7

2014 93.5 58.2 3,070.5 15.2 0.0 28.92015 120.8 73.4 3,197.9 19.8 0.0 40.92016 117.2 76.3 2,985.7 27.6 0.0 50.02017 134.8 108.9 4,104.3 36.8 0.0 65.22018 122.5 181.4 3,656.5 52.3 0.0 81.0

($ million)

NON-LINKED

LINKED

Page 15: INSURANCE STATISTICS 2018 - mas.gov.sg

TABLE AL 7.1NET INVESTMENT INCOME OF LIFE INSURERS (SIF)

YearInterest/Dividend

/Rental Income

Realised Gains

(Losses) from last

reported

value/Write backs

(Write-offs)

Unrealised

Changes from

Last Reported

Value

Investment

Expenses

Net Investment

Income

2014 3,429.3 331.9 4,318.6 191.1 7,888.72015 3,956.5 248.5 -1,923.3 224.1 2,057.62016 4,257.2 880.4 2,107.8 251.4 6,994.02017 4,544.9 3,252.9 4,751.5 435.4 12,113.92018 5,135.3 765.0 -7,013.8 435.3 -1,548.8

2014 361.0 725.5 1,193.1 169.5 2,110.12015 391.5 497.5 -1,307.2 182.4 -600.62016 403.0 155.3 1,205.2 179.2 1,584.32017 426.2 986.7 3,406.8 202.2 4,617.52018 464.4 925.9 -3,683.1 193.7 -2,486.5

TABLE AL 7.2NET INVESTMENT INCOME OF LIFE REINSURERS

YearInterest/Dividend

/Rental Income

Realised Gains

(Losses) from last

reported

value/Write backs

(Write-offs)

Unrealised

Changes from

Last Reported

Value

Investment

Expenses

Net Investment

Income

2014 6.2 0.9 5.9 0.3 12.72015 8.4 0.6 -5.4 0.4 3.22016 10.9 7.3 -3.2 0.7 14.32017 12.2 5.5 8.2 0.9 25.12018 14.5 -1.0 3.7 1.0 16.2

2014 8.0 -4.3 27.6 0.7 30.62015 8.7 22.0 4.8 0.8 34.72016 13.2 -2.9 1.4 1.1 10.62017 17.3 -3.3 -25.0 1.1 -12.12018 45.6 -6.6 -7.5 2.2 29.3

SIF

OIF

($ million)

NON-LINKED

LINKED

($ million)

Page 16: INSURANCE STATISTICS 2018 - mas.gov.sg

Items 2014 2015 2016 2017 2018NON-LINKEDAssets ($ millions)

Equity Securities 28,832.9 29,980.5 34,993.5 51,558.2 51,106.1Debt Securities 82,593.5 89,568.8 96,708.2 100,409.5 108,806.5Land & Buildings 3,243.4 3,266.4 3,314.7 3,415.0 3,532.7Loans 3,322.3 3,651.9 3,490.0 3,343.3 3,449.2Cash & Deposits 4,226.4 4,561.1 4,378.8 5,985.5 6,230.9Others 1,101.6 939.0 643.2 2,821.2 2,350.6Total Assets 123,320.1 131,967.7 143,528.4 167,532.7 175,476.0

Policy Liabilities 107,534.4 112,558.8 122,484.8 139,973.8 148,317.4Outstanding claims 2,154.1 2,465.8 2,818.6 3,326.5 3,865.1Others 7,337.1 10,045.4 10,494.7 14,214.6 13,343.1Total Liabilities 117,025.6 125,070.0 135,798.1 157,514.9 165,525.6

Surplus 6,294.5 6,897.7 7,730.3 10,017.8 9,950.4% Change 9.6 12.1 29.6 -0.7LINKEDAssets ($ millions)

Equity Securities 22,103.4 21,618.5 23,106.7 29,487.5 27,826.2Debt Securities 4,864.3 4,889.5 5,039.7 4,617.3 4,572.0Land & Buildings 0 0 0 0 0Loans 14.0 14.6 23.7 21.8 19.9Cash & Deposits 844.1 878.9 1,119.2 955.3 1,293.9Others 183.4 167.2 211.8 264.0 218.2Total Assets 28,009.2 27,568.7 29,501.1 35,345.9 33,930.2

Policy Liabilities 26,945.1 26,697.6 28,504.1 33,975.8 32,675.0Outstanding claims 32.1 34.2 35.4 37.4 40.8Others 382.4 300.7 297.3 519.7 471.4Total Liabilities 27,359.6 27,032.5 28,836.8 34,532.9 33,187.2

Surplus 649.6 536.2 664.3 813.0 743.0% Change -17.5 23.9 22.4 -8.6

TABLE AL 8.1

Liabilities

Liabilities

ASSETS AND LIABILITIES OF LIFE INSURANCE FUNDS (SIF)

Page 17: INSURANCE STATISTICS 2018 - mas.gov.sg

Items 2014 2015 2016 2017 2018SIFAssets ($ millions)

Equity Securities 0.0 0.0 4.4 4.8 15.0Debt Securities 531.2 601.8 653.2 844.4 659.1Land & Buildings 0 0 0 0 0Loans 0.0 0.0 0.0 0.0 0.0Cash & Deposits 55.8 62.9 41.5 53.6 42.4Others 228.8 267.4 213.1 474.7 213.0Total Assets 815.8 932.1 912.2 1,377.5 929.5

Policy Liabilities 320.2 377.0 517.6 808.5 55.7Outstanding claims 1.5 0.0 0.9 4.0 4.9Others 205.5 228.5 44.9 99.5 151.4Total Liabilities 527.2 605.5 563.4 912.0 212.0

Surplus 288.6 326.6 348.8 465.5 717.5% Change 13.2 6.8 33.5 54.1OIFAssets ($ millions)

Equity Securities 95.9 98.3 197.5 94.8 70.2Debt Securities 422.4 602.4 768.9 778.8 1,652.4Land & Buildings 0 0 0 0 0Loans 0.0 0.0 0.0 0.0 0.0Cash & Deposits 140.4 171.3 237.2 159.8 144.5Others 1,217.5 1,539.4 2,374.7 2,371.0 6,868.7Total Assets 1,876.2 2,411.4 3,578.3 3,404.4 8,735.8

Policy Liabilities 911.6 923.9 1,481.6 1,457.1 5,258.8Outstanding claims 3.9 5.5 12.8 16.5 17.9Others 458.1 607.5 663.6 637.4 1,652.8Total Liabilities 1,373.6 1,536.9 2,158.0 2,111.0 6,929.5

Surplus 502.6 874.5 1,420.3 1,293.4 1,806.3% Change 74.0 62.4 -8.9 39.7

TABLE AL 8.2ASSETS AND LIABILITIES OF LIFE REINSURERS

Liabilities

Liabilities

Page 18: INSURANCE STATISTICS 2018 - mas.gov.sg

Industry Data for 2018

General Insurance Business

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Net Premiums Retention Ratio

Year In SingaporeOutside

Singapore

$m $m

2014 3,850.5 3.0 335.8 767.8 2,936.1 76.3

2015 3,999.1 3.9 312.7 1,176.2 2,649.5 66.3

2016 3,971.6 -0.7 305.3 1,151.6 2,669.2 67.2

2017 3,956.3 -0.4 623.7 988.7 2,503.4 63.3

2018 4,082.1 3.2 352.9 1,270.0 2,611.3 64.0

2014 3,850.5 3.0 335.8 767.8 2,746.8 71.3

2015 3,999.1 3.9 312.7 1,176.2 2,510.1 62.8

2016 3,971.6 -0.7 305.3 1,151.6 2,514.7 63.3

2017 3,956.3 -0.4 623.7 988.7 2,344.0 59.2

2018 4,082.1 3.2 352.9 1,270.0 2,459.2 60.2

2014 274.3 -3.2 37.2 47.9 189.3 69.0

2015 213.4 -22.2 24.4 49.6 139.4 65.3

2016 212.5 -0.4 21.8 36.2 154.5 72.7

2017 199.3 -6.2 11.7 28.1 159.5 80.0

2018 204.1 2.4 12.7 39.3 152.1 74.5

TABLE AG 1

PREMIUMS OF SINGAPORE INSURANCE FUND BUSINESS

$m % Change $m %

REINSURERS

DIRECT INSURERS

Gross Premiums Reinsurance Ceded

INDUSTRY

Page 20: INSURANCE STATISTICS 2018 - mas.gov.sg

Year CargoHull and

LiabilityFire Motor

Work Injury

Compensation

Personal

AccidentHealth Miscellaneous Total

2014 110.8 302.5 437.8 1,182.8 401.8 329.9 360.2 724.7 3,850.5

2015 99.7 373.3 456.1 1,137.3 376.7 342.4 410.2 803.4 3,999.1

2016 95.2 354.4 510.1 1,150.7 353.7 350.8 455.6 701.1 3,971.6

2017 94.7 311.4 529.0 1,113.3 340.7 359.9 443.5 763.9 3,956.3

2018 97.1 309.6 528.6 1,109.7 348.9 365.9 515.2 807.1 4,082.1

2014 -0.7 12.3 5.3 -2.9 7.5 7.7 19.5 -2.3 3.0

2015 -10.0 23.4 4.2 -3.9 -6.2 3.8 13.9 10.9 3.9

2016 -4.5 -5.1 11.8 1.2 -6.1 2.5 11.1 -12.7 -0.7

2017 -0.5 -12.1 3.7 -3.2 -3.7 2.6 -2.7 9.0 -0.4

2018 2.6 -0.6 -0.1 -0.3 2.4 1.7 16.2 5.7 3.2

2014 2.9 7.9 11.4 30.7 10.4 8.6 9.4 18.8 100.0

2015 2.5 9.3 11.4 28.4 9.4 8.6 10.3 20.1 100.0

2016 2.4 8.9 12.8 29.0 8.9 8.8 11.5 17.7 100.0

2017 2.4 7.9 13.4 28.1 8.6 9.1 11.2 19.3 100.0

2018 2.4 7.6 13.0 27.2 8.5 9.0 12.6 19.8 100.0

2014 110.8 302.5 437.8 1,182.8 401.8 329.9 360.2 724.7 3,850.5

2015 99.7 373.3 456.1 1,137.3 376.7 342.4 410.2 803.4 3,999.1

2016 95.2 354.4 510.1 1,150.7 353.7 350.8 455.6 701.1 3,971.6

2017 94.7 311.4 529.0 1,113.3 340.7 359.9 443.5 763.9 3,956.3

2018 97.1 309.6 528.6 1,109.7 348.9 365.9 515.2 807.1 4,082.1

2014 -0.7 12.3 5.3 -2.9 7.5 7.7 19.5 -2.3 3.0

2015 -10.0 23.4 4.2 -3.9 -6.2 3.8 13.9 10.9 3.9

2016 -4.5 -5.1 11.8 1.2 -6.1 2.5 11.1 -12.7 -0.7

2017 -0.5 -12.1 3.7 -3.2 -3.7 2.6 -2.7 9.0 -0.4

2018 2.6 -0.6 -0.1 -0.3 2.4 1.7 16.2 5.7 3.2

2014 2.9 7.9 11.4 30.7 10.4 8.6 9.4 18.8 100.0

2015 2.5 9.3 11.4 28.4 9.4 8.6 10.3 20.1 100.0

2016 2.4 8.9 12.8 29.0 8.9 8.8 11.5 17.7 100.0

2017 2.4 7.9 13.4 28.1 8.6 9.1 11.2 19.3 100.0

2018 2.4 7.6 13.0 27.2 8.5 9.0 12.6 19.8 100.0

2014 9.5 21.2 92.9 69.4 8.8 5.3 0.7 66.5 274.3

2015 7.9 15.7 70.4 44.4 8.2 6.1 0.6 60.1 213.4

2016 8.0 20.2 75.5 36.0 6.7 5.8 0.7 59.8 212.5

2017 8.8 13.3 65.0 42.9 6.2 6.9 0.6 55.5 199.3

2018 11.2 12.7 65.0 33.4 5.8 8.0 0.5 67.4 204.1

TABLE AG 2

GROSS PREMIUMS OF SINGAPORE INSURANCE FUND BUSINESS BY LINE

INDUSTRY

($ million)

(% change)

(% total)

DIRECT INSURERS

($ million)

(% change)

(% total)

REINSURERS

($ million)

Page 21: INSURANCE STATISTICS 2018 - mas.gov.sg

2014 -6.3 10.0 -2.8 16.3 -15.2 -10.3 -11.1 -18.3 -3.2

2015 -16.3 -25.8 -24.3 -36.0 -6.9 14.2 -22.1 -9.6 -22.2

2016 0.0 28.5 7.3 -18.9 -18.8 -5.0 14.2 -0.5 -0.4

2017 11.2 -33.9 -13.9 19.1 -7.0 19.3 -6.1 -7.2 -6.2

2018 26.3 -4.7 0.0 -22.1 -5.6 15.6 -11.0 21.6 2.4

2014 3.5 7.7 33.9 25.3 3.2 1.9 0.3 24.2 100.0

2015 3.7 7.4 33.0 20.8 3.8 2.9 0.3 28.2 100.0

2016 3.7 9.5 35.5 17.0 3.1 2.7 0.3 28.1 100.0

2017 4.4 6.7 32.6 21.5 3.1 3.5 0.3 27.8 100.0

2018 5.5 6.2 31.8 16.4 2.9 3.9 0.3 33.0 100.0

Public

LiabilityBonds

Engineering /

CAR / EAR

Professional

Indemnity

Credit / Political

RiskOthers Total

2014 145.5 119.9 104.1 104.7 126.1 124.6 724.7

2015 134.5 125.9 128.2 118.3 181.0 115.5 803.4

2016 129.5 115.9 80.8 114.9 140.0 120.0 701.1

2017 142.6 107.2 99.9 141.9 144.6 127.7 763.9

2018 149.0 117.0 82.5 180.0 140.2 138.4 807.1

(% total)

TABLE AG 2.1

BREAKDOWN OF MISCELLANEOUS CATEGORY

Year

Miscellaneous

($ million)

(% change)

Page 22: INSURANCE STATISTICS 2018 - mas.gov.sg

Year CargoHull and

LiabilityFire Motor

Work Injury

Compensation

Personal

AccidentHealth Miscellaneous Total

2014 84.5 145.0 244.9 1,123.1 359.1 258.0 302.3 419.2 2,936.1

2015 72.2 160.9 220.9 943.0 307.1 226.0 313.5 405.9 2,649.5

2016 65.8 162.0 244.2 950.8 286.9 238.6 347.2 373.8 2,669.2

2017 60.8 120.8 238.2 910.1 257.8 234.9 296.8 384.1 2,503.4

2018 67.6 129.5 240.6 922.0 255.9 233.1 351.6 411.1 2,611.3

2014 -2.0 12.6 4.2 -4.0 6.8 5.2 31.6 -3.8 2.4

2015 -14.5 11.0 -9.8 -16.0 -14.5 -12.4 3.7 -3.2 -9.8

2016 -9.0 0.7 10.5 0.8 -6.6 5.6 10.8 -7.9 0.7

2017 -7.5 -25.4 -2.5 -4.3 -10.1 -1.6 -14.5 2.8 -6.2

2018 11.1 7.2 1.0 1.3 -0.7 -0.8 18.5 7.0 4.3

2014 2.9 4.9 8.3 38.3 12.2 8.8 10.3 14.3 100.0

2015 2.7 6.1 8.3 35.6 11.6 8.5 11.8 15.3 100.0

2016 2.5 6.1 9.1 35.6 10.7 8.9 13.0 14.0 100.0

2017 2.4 4.8 9.5 36.4 10.3 9.4 11.9 15.3 100.0

2018 2.6 5.0 9.2 35.3 9.8 8.9 13.5 15.7 100.0

2014 76.5 134.2 183.2 1,069.2 352.4 253.1 301.7 376.5 2,746.8

2015 65.1 154.5 178.4 908.0 301.6 221.2 313.0 368.4 2,510.1

2016 58.7 150.9 190.9 920.0 281.6 233.5 346.7 332.4 2,514.7

2017 53.0 111.4 188.5 871.5 252.3 228.6 296.2 342.4 2,344.0

2018 57.4 120.3 188.2 897.5 251.2 227.9 351.1 365.6 2,459.2

2014 -0.9 15.1 5.9 -5.0 7.1 5.2 31.7 -1.4 2.8

2015 -15.0 15.2 -2.6 -15.1 -14.4 -12.6 3.7 -2.2 -8.6

2016 -9.7 -2.4 7.0 1.3 -6.6 5.6 10.8 -9.8 0.2

2017 -9.8 -26.2 -1.3 -5.3 -10.4 -2.1 -14.5 3.0 -6.8

2018 8.4 8.0 -0.2 3.0 -0.4 -0.3 18.5 6.8 4.9

2014 2.8 4.9 6.7 38.9 12.8 9.2 11.0 13.7 100.0

2015 2.6 6.2 7.1 36.2 12.0 8.8 12.5 14.7 100.0

2016 2.3 6.0 7.6 36.6 11.2 9.3 13.8 13.2 100.0

2017 2.3 4.8 8.0 37.2 10.8 9.8 12.6 14.6 100.0

2018 2.3 4.9 7.7 36.5 10.2 9.3 14.3 14.9 100.0

DIRECT INSURERS

($ million)

(% change)

TABLE AG 3

NET PREMIUMS OF SINGAPORE INSURANCE FUND BUSINESS BY LINE

INDUSTRY

($ million)

(% change)

(% total)

(% total)

Page 23: INSURANCE STATISTICS 2018 - mas.gov.sg

2014 8.0 10.9 61.7 53.9 6.6 4.8 0.6 42.7 189.3

2015 7.2 6.4 42.5 35.0 5.5 4.8 0.5 37.6 139.4

2016 7.0 11.1 53.2 30.7 5.3 5.2 0.6 41.4 154.5

2017 7.9 9.4 49.6 38.6 5.5 6.2 0.5 41.7 159.5

2018 10.2 9.2 52.4 24.5 4.7 5.1 0.5 45.5 152.1

2014 -11.2 -11.3 -0.6 21.7 -6.8 1.3 -11.6 -20.6 -2.4

2015 -10.3 -41.2 -31.1 -35.1 -17.6 -0.6 -20.9 -12.0 -26.4

2016 -2.3 74.4 25.2 -12.2 -3.8 7.3 13.7 10.1 10.8

2017 12.3 -15.4 -6.8 25.5 4.7 21.1 -5.1 0.8 3.2

2018 29.5 -2.4 5.5 -36.4 -14.6 -17.5 -11.5 9.0 -4.6

2014 4.2 5.7 32.6 28.5 3.5 2.5 0.3 22.6 100.0

2015 5.2 4.6 30.5 25.1 3.9 3.4 0.4 26.9 100.0

2016 4.5 7.2 34.5 19.9 3.4 3.3 0.4 26.8 100.0

2017 4.9 5.9 31.1 24.2 3.5 3.9 0.3 26.2 100.0

2018 6.7 6.0 34.4 16.1 3.1 3.4 0.3 29.9 100.0

Public

LiabilityBonds

Engineering /

CAR / EAR

Professional

Indemnity

Credit /

Political RiskOthers Total

2014 91.3 69.9 35.2 69.0 40.0 71.0 376.5

2015 77.8 72.4 30.8 64.5 60.3 62.6 368.4

2016 74.2 66.0 27.2 61.2 38.8 65.2 332.4

2017 73.2 63.2 26.4 64.6 51.3 63.7 342.4

2018 80.7 63.1 24.9 83.3 41.9 71.8 365.6

($ million)

REINSURERS

($ million)

(% change)

(% total)

TABLE AG 3.1

BREAKDOWN OF MISCELLANEOUS CATEGORY

YearMiscellaneous

Page 24: INSURANCE STATISTICS 2018 - mas.gov.sg

Year CargoHull and

LiabilityFire Motor

Work Injury

Compensation

Personal

AccidentHealth Miscellaneous Total

INDUSTRY

2014 76.3 47.9 55.9 95.0 89.4 78.2 83.9 57.8 76.3

2015 72.5 43.1 48.4 82.9 81.5 66.0 76.4 50.5 66.3

2016 69.1 45.7 47.9 82.6 81.1 68.0 76.2 53.3 67.2

2017 64.2 38.8 45.0 81.7 75.7 65.3 66.9 50.3 63.3

2018 69.6 41.8 45.5 83.1 73.4 63.7 68.2 50.9 64.0

DIRECT INSURERS

2014 69.1 44.4 41.8 90.4 87.7 76.7 83.8 51.9 71.3

2015 65.3 41.4 39.1 79.8 80.1 64.6 76.3 45.8 62.8

2016 61.7 42.6 37.4 80.0 79.6 66.5 76.1 47.4 63.3

2017 55.9 35.8 35.6 78.3 74.1 63.5 66.8 44.8 59.2

2018 59.1 38.9 35.6 80.9 72.0 62.3 68.1 45.3 60.2

REINSURERS

2014 84.3 51.3 66.4 77.7 75.3 90.2 85.9 64.2 69.0

2015 90.4 40.7 60.4 78.8 66.7 78.6 87.3 62.5 65.3

2016 88.3 55.2 70.5 85.3 79.0 88.8 86.9 69.2 72.7

2017 89.1 70.6 76.4 89.9 89.0 90.1 87.8 75.2 80.0

2018 91.4 72.3 80.6 73.3 80.5 64.3 87.4 67.4 74.5

Public

LiabilityBonds

Engineering /

CAR / EAR

Professional

Indemnity

Credit / Political

RiskOthers Total

2014 62.8 58.3 33.8 66.0 31.7 57.0 51.9

2015 57.8 57.5 24.0 54.5 33.3 54.2 45.8

2016 57.3 56.9 33.6 53.2 27.7 54.3 47.4

2017 51.3 58.9 26.4 45.5 35.5 49.9 44.8

2018 54.1 53.9 30.1 46.3 29.9 51.9 45.3

(%)

TABLE AG 4

RETENTION RATIOS OF SINGAPORE INSURANCE FUND BUSINESS BY LINE

(%)

TABLE AG 4.1

BREAKDOWN OF MISCELLANEOUS CATEGORY

Year

Miscellaneous

Page 25: INSURANCE STATISTICS 2018 - mas.gov.sg

Year CargoHull and

LiabilityFire Motor

Work Injury

Compensation

Personal

AccidentHealth Miscellaneous Total

INDUSTRY

2014 46.3 69.9 26.9 53.5 60.7 27.9 69.4 26.3 48.0

2015 41.3 60.0 31.6 56.0 55.2 33.5 68.3 34.7 50.2

2016 18.0 54.8 30.9 53.4 54.2 33.3 71.2 62.2 52.4

2017 10.2 52.8 23.9 65.1 54.1 41.6 73.3 30.6 51.6

2018 27.9 69.2 21.8 61.5 64.9 36.8 76.5 41.9 54.3

DIRECT INSURERS

2014 47.0 71.6 24.5 54.1 60.9 28.1 69.5 26.1 48.9

2015 44.0 62.6 28.5 56.0 55.8 33.5 68.5 35.6 51.0

2016 16.4 53.7 24.6 53.8 53.5 32.7 71.3 62.8 52.3

2017 9.4 48.2 21.7 65.4 54.0 41.4 73.3 30.3 52.1

2018 23.6 66.8 20.4 61.7 65.8 36.2 76.6 40.3 54.7

REINSURERS

2014 40.1 54.1 33.4 42.2 50.6 18.9 16.2 28.1 36.3

2015 14.5 -15.7 43.6 54.6 15.6 37.3 -21.6 26.9 36.8

2016 30.5 71.0 52.4 41.7 93.0 62.0 36.9 57.0 53.4

2017 16.2 108.5 32.2 56.3 56.7 51.1 47.5 32.6 43.6

2018 54.1 101.0 26.8 55.9 19.8 58.4 53.5 54.7 47.0

Public

LiabilityBonds

Engineering /

CAR / EAR

Professional

Indemnity

Credit /

Political RiskOthers Total

2014 20.6 37.7 -22.5 26.5 77.1 18.4 26.1

2015 33.1 25.2 42.7 -1.5 121.4 25.5 35.6

2016 11.9 24.7 25.6 18.3 377.0 27.3 62.8

2017 8.2 35.4 51.7 13.6 76.5 23.1 30.3

2018 27.2 34.7 27.8 48.8 70.1 38.4 40.3

(%)

Year

Miscellaneous

TABLE AG 5

INCURRED LOSS RATIOS OF SINGAPORE INSURANCE FUND BUSINESS BY LINE

(%)

TABLE AG 5.1

BREAKDOWN OF MISCELLANEOUS CATEGORY

Page 26: INSURANCE STATISTICS 2018 - mas.gov.sg

YearEarned

Premiums

Net Claims

Incurred

Distribution

Expenses

Management

Expenses

Underwriting

Profit / (Loss)

Net Investment

Income1

Operating Profit

/ (Loss)

INDUSTRY

($ million)

2014 2,915.0 1,399.9 416.9 658.2 440.0 246.2 686.2

2015 2,694.4 1,353.6 283.5 735.8 321.5 92.0 413.4

2016 2,693.1 1,410.9 321.4 775.4 185.4 210.2 395.6

2017 2,481.0 1,279.8 269.7 802.4 129.2 356.3 485.4

2018 2,552.9 1,385.6 256.2 833.9 77.2 128.6 205.8

(% change) (% change)

2014 3.1 48.0 14.3 22.6 15.1 82.3 35.8

2015 -7.6 50.2 10.5 27.3 11.9 -62.7 -39.8

2016 0.0 52.4 11.9 28.8 6.9 128.6 -4.3

2017 -7.9 51.6 10.9 32.3 5.2 69.5 22.7

2018 2.9 54.3 10.0 32.7 3.0 -63.9 -57.6

DIRECT INSURERS

($ million)

2014 2,717.6 1,328.2 366.6 637.5 385.3 222.5 607.8

2015 2,550.5 1,300.7 243.9 713.0 292.9 83.9 376.8

2016 2,535.1 1,326.6 286.4 750.8 171.3 189.4 360.7

2017 2,327.1 1,212.8 228.2 782.2 104.0 326.5 430.5

2018 2,400.5 1,314.0 220.3 815.7 50.6 120.3 170.8

(% change) (% change)

2014 3.2 48.9 13.5 23.5 14.2 63.5 31.4

2015 -6.2 51.0 9.6 28.0 11.5 -62.3 -38.0

2016 -0.6 52.3 11.3 29.6 6.8 125.7 -4.3

2017 -8.2 52.1 9.8 33.6 4.5 72.3 19.3

2018 3.2 54.7 9.2 34.0 2.1 -63.2 -60.3

REINSURERS

($ million)

2014 197.3 71.7 50.3 20.6 54.7 23.8 78.5

2015 143.9 53.0 39.6 22.8 28.6 8.0 36.6

2016 158.0 84.3 35.0 24.6 14.1 20.8 34.9

2017 153.9 67.0 41.5 20.2 25.2 29.8 55.0

2018 152.4 71.6 35.9 18.3 26.6 8.4 35.0

(% change) (% change)

2014 2.3 36.3 25.5 10.5 27.7 -2,424.5 83.5

2015 -27.1 36.8 27.5 15.8 19.8 -66.3 -53.4

2016 9.8 53.4 22.2 15.6 8.9 158.9 -4.6

2017 -2.6 43.6 27.0 13.1 16.4 43.3 57.5

2018 -1.0 47.0 23.6 12.0 17.4 -71.8 -36.4

1 Refer to Table AG 7 for the breakdown, excluding marine mutual insurers

TABLE AG 6

RESULTS OF SINGAPORE INSURANCE FUND BUSINESS

Page 27: INSURANCE STATISTICS 2018 - mas.gov.sg

YearInterest/Dividend/R

ental Income

Realised Gains

(Losses) from last

reported value/Write

backs (Write-offs)

Unrealised Changes

from Last Reported

Value

ExpensesNet Investment

Income1

2014 170.2 4.2 84.1 12.4 246.1

2015 191.2 -30.5 -56.5 12.4 91.8

2016 200.2 -2.7 24.8 12.5 209.7

2017 196.0 126.6 46.9 13.5 356.0

2018 206.9 -17.5 -49.4 12.6 127.4

2014 152.6 -0.3 81.8 11.7 222.3

2015 170.7 -30.7 -44.5 11.7 83.8

2016 178.9 -7.6 29.4 11.7 189.0

2017 176.4 125.6 37.0 12.7 326.3

2018 187.0 -18.5 -38.0 11.5 119.0

2014 17.6 4.5 2.4 0.7 23.8

2015 20.5 0.2 -12.0 0.8 8.0

2016 21.3 4.9 -4.6 0.8 20.8

2017 19.6 1.1 9.9 0.8 29.8

2018 19.9 1.0 -11.4 1.1 8.4

1 Excludes marine mutual Insurers

TABLE AG 7

NET INVESTMENT INCOME OF SINGAPORE INSURANCE FUNDS

REINSURERS

DIRECT INSURERS

($ million)

INDUSTRY

Page 28: INSURANCE STATISTICS 2018 - mas.gov.sg

Items 2014 2015 2016 2017 2018

Assets ($ millions)

Equity Securities 1,027.9 941.4 955.5 935.7 882.5

Debt Securities 5,495.9 6,155.4 5,971.6 5,638.9 5,751.3

Land & Buildings 293.0 286.6 290.6 307.9 310.6

Loans 44.8 50.8 55.8 26.7 17.7

Cash & Deposits 2,577.2 2,273.7 2,273.4 2,495.6 2,475.8

Others 1,050.6 1,362.7 1,593.8 1,436.3 1,447.0

Total Assets 10,489.3 11,070.6 11,140.7 10,841.2 10,884.8

Liabilities

Premium Liabilities 1,364.9 1,403.5 1,339.6 1,332.6 1,388.7

Claim Liabilities 3,118.1 3,110.7 2,943.6 2,779.6 2,722.3

Reinsurance Deposits 87.5 193.3 189.9 190.1 187.0

Others 1,266.0 1,574.9 1,569.3 1,481.5 1,495.2

Total Liabilities 5,836.6 6,111.0 5,961.2 5,783.8 5,793.1

Surplus 4,652.7 4,959.6 5,179.5 5,057.4 5,091.7

% Change 9.8 6.6 4.4 -2.4 0.7

Assets ($ millions)

Equity Securities 992.4 907.5 924.4 903.5 852.0

Debt Securities 4,779.4 5,429.1 5,269.7 4,957.6 5,035.3

Land & Buildings 293.0 286.6 290.6 307.9 310.6

Loans 44.8 50.8 55.8 26.7 17.6

Cash & Deposits 2,367.8 2,066.6 2,080.4 2,293.0 2,291.5

Others 865.2 1,246.7 1,464.2 1,312.2 1,315.2

Total Assets 9,342.6 9,987.3 10,085.1 9,800.9 9,822.3

Liabilities

Premium Liabilities 1,298.6 1,344.0 1,284.3 1,272.5 1,328.6

Claim Liabilities 2,706.2 2,762.8 2,602.7 2,423.4 2,372.2

Reinsurance Deposits 86.1 191.9 188.7 189.1 185.9

Others 1,149.4 1,463.2 1,460.3 1,393.2 1,402.5

Total Liabilities 5,240.4 5,590.6 5,454.8 5,278.1 5,289.2

Surplus 4,102.2 4,396.8 4,630.3 4,522.8 4,533.1

% Change 10.3 7.2 5.3 -2.3 0.2

TABLE AG 8

ASSETS AND LIABILITIES OF SINGAPORE INSURANCE FUNDS

INDUSTRY

DIRECT INSURERS

Page 29: INSURANCE STATISTICS 2018 - mas.gov.sg

Assets ($ millions)

Equity Securities 35.4 33.9 31.0 32.2 30.5

Debt Securities 716.5 726.3 701.9 681.3 716.0

Land & Buildings 0.0 0.0 0.0 0.0 0.0

Loans 0.0 0.0 0.0 0.0 0.1

Cash & Deposits 209.4 207.2 193.0 202.6 184.3

Others 185.4 116.0 129.7 124.1 131.8

Total Assets 1,146.7 1,083.3 1,055.6 1,040.3 1,062.6

Liabilities

Premium Liabilities 66.2 59.5 55.2 60.1 60.1

Claim Liabilities 411.9 348.0 340.9 356.2 350.0

Reinsurance Deposits 1.5 1.4 1.2 1.0 1.1

Others 116.6 111.7 109.0 88.3 92.7

Total Liabilities 596.2 520.5 506.3 505.7 503.9

Surplus 550.5 562.8 549.2 534.5 558.7

% Change 6.2 2.2 -2.4 -2.7 4.5

REINSURERS

Page 30: INSURANCE STATISTICS 2018 - mas.gov.sg

Net Premiums Retention Ratio

Year In SingaporeOutside

Singapore

$m $m

2014 7,917.6 7.5 162.1 2,659.5 5,096.0 64.4

2015 8,997.7 13.6 193.5 3,682.9 5,121.4 56.9

2016 8,865.6 -1.5 236.9 3,344.5 5,284.2 59.6

2017 8,730.6 -1.5 244.3 3,102.8 5,383.5 61.7

2018 12,750.2 46.0 271.7 4,446.4 8,032.1 63.0

2014 2,529.1 11.8 112.4 1,100.0 1,316.6 52.1

2015 2,935.1 16.1 119.4 1,450.5 1,365.2 46.5

2016 2,987.2 1.8 165.0 1,437.4 1,384.8 46.4

2017 3,214.4 7.6 184.2 1,606.7 1,423.5 44.3

2018 3,404.0 5.9 192.6 1,709.9 1,501.5 44.1

2014 4,244.1 9.3 37.0 1,039.5 3,167.6 74.6

2015 4,990.8 17.6 34.7 1,795.7 3,160.5 63.3

2016 4,895.2 -1.9 35.6 1,475.0 3,384.5 69.1

2017 4,519.8 -7.7 34.6 1,213.3 3,271.8 72.4

2018 8,238.6 82.3 51.1 2,368.1 5,819.4 70.6

2014 1,144.4 -6.1 12.7 519.9 611.8 53.5

2015 1,071.8 -6.3 39.4 436.7 595.7 55.6

2016 983.2 -8.3 36.3 432.1 514.8 52.4

2017 996.4 1.3 25.5 282.7 688.2 69.1

2018 1,107.6 11.2 28.0 368.5 711.1 64.2

CAPTIVE INSURERS

REINSURERS

DIRECT INSURERS

Gross Premiums Reinsurance Ceded

INDUSTRY

TABLE AG 9

PREMIUMS OF OFFSHORE INSURANCE FUND BUSINESS

$m % Change $m %

Page 31: INSURANCE STATISTICS 2018 - mas.gov.sg

Year Cargo Hull and Liability PropertyCasualty and

OthersTotal

($ million)

2014 453.7 856.7 5,282.5 1,324.7 7,917.6

2015 430.2 950.4 5,757.8 1,859.4 8,997.7

2016 387.4 837.2 5,993.4 1,647.6 8,865.6

2017 412.6 806.4 5,464.3 2,047.3 8,730.6

2018 528.8 940.7 7,502.0 3,778.8 12,750.2

(% change)

2014 -0.7 -2.7 11.7 2.0 7.5

2015 -5.2 10.9 9.0 40.4 13.6

2016 -10.0 -11.9 4.1 -11.4 -1.5

2017 6.5 -3.7 -8.8 24.3 -1.5

2018 28.2 16.6 37.3 84.6 46.0

(% total)

2014 5.7 10.8 66.7 16.7 100.0

2015 4.8 10.6 64.0 20.7 100.0

2016 4.4 9.4 67.6 18.6 100.0

2017 4.7 9.2 62.6 23.4 100.0

2018 4.1 7.4 58.8 29.6 100.0

($ million)

2014 217.7 597.1 1,326.0 388.3 2,529.1

2015 222.8 651.1 1,466.6 594.6 2,935.1

2016 209.5 579.8 1,661.2 536.7 2,987.2

2017 213.7 562.8 1,726.4 711.5 3,214.4

2018 258.4 577.3 1,804.0 764.3 3,404.0

(% change)

2014 6.9 3.0 23.5 -4.1 11.8

2015 2.3 9.1 10.6 53.1 16.1

2016 -6.0 -10.9 13.3 -9.7 1.8

2017 2.0 -2.9 3.9 32.6 7.6

2018 20.9 2.6 4.5 7.4 5.9

TABLE AG 10

GROSS PREMIUMS OF OFFSHORE INSURANCE FUND BUSINESS BY LINE

INDUSTRY

DIRECT INSURERS

Page 32: INSURANCE STATISTICS 2018 - mas.gov.sg

(% total)

2014 8.6 23.6 52.4 15.4 100.0

2015 7.6 22.2 50.0 20.3 100.0

2016 7.0 19.4 55.6 18.0 100.0

2017 6.6 17.5 53.7 22.1 100.0

2018 7.6 17.0 53.0 22.5 100.0

($ million)

2014 145.0 229.3 3,164.9 704.9 4,244.1

2015 120.1 269.4 3,507.0 1,094.4 4,990.8

2016 98.6 223.9 3,655.4 917.3 4,895.2

2017 112.6 212.8 3,100.7 1,093.7 4,519.8

2018 181.4 333.0 4,931.8 2,792.4 8,238.6

(% change)

2014 -11.3 -15.1 13.9 5.0 9.3

2015 -17.2 17.5 10.8 55.3 17.6

2016 -17.9 -16.9 4.2 -16.2 -1.9

2017 14.2 -5.0 -15.2 19.2 -7.7

2018 61.1 56.5 59.1 155.3 82.3

(% total)

2014 3.4 5.4 74.6 16.6 100.0

2015 2.4 5.4 70.3 21.9 100.0

2016 2.0 4.6 74.7 18.7 100.0

2017 2.5 4.7 68.6 24.2 100.0

2018 2.2 4.0 59.9 33.9 100.0

REINSURERS

Page 33: INSURANCE STATISTICS 2018 - mas.gov.sg

($ million)

2014 91.0 30.3 791.6 231.5 1,144.4

2015 87.3 29.9 784.2 170.4 1,071.8

2016 79.3 33.5 676.9 193.6 983.2

2017 86.3 30.8 637.2 242.1 996.4

2018 88.9 30.3 766.2 222.1 1,107.6

(% change)

2014 1.5 -2.4 -9.6 4.2 -6.1

2015 -4.1 -1.4 -0.9 -26.4 -6.3

2016 -9.2 12.1 -13.7 13.6 -8.3

2017 8.8 -8.0 -5.9 25.1 1.3

2018 3.1 -1.6 20.2 -8.2 11.2

(% total)

2014 8.0 2.6 69.2 20.2 100.0

2015 8.1 2.8 73.2 15.9 100.0

2016 8.1 3.4 68.8 19.7 100.0

2017 8.7 3.1 64.0 24.3 100.0

2018 8.0 2.7 69.2 20.1 100.0

CAPTIVE INSURERS

Page 34: INSURANCE STATISTICS 2018 - mas.gov.sg

Year Cargo Hull and Liability PropertyCasualty and

OthersTotal

($ million)

2014 341.6 502.3 3,352.4 899.8 5,096.0

2015 286.9 521.7 3,306.5 1,006.3 5,121.4

2016 277.6 450.4 3,552.9 1,003.4 5,284.2

2017 271.4 436.2 3,285.7 1,390.1 5,383.5

2018 390.1 573.6 4,887.5 2,180.8 8,032.1

(% change)

2014 -3.5 -0.4 13.8 4.6 9.3

2015 -16.0 3.9 -1.4 11.8 0.5

2016 -3.2 -13.7 7.5 -0.3 3.2

2017 -2.2 -3.1 -7.5 38.5 1.9

2018 43.7 31.5 48.8 56.9 49.2

(% total)

2014 6.7 9.9 65.8 17.7 100.0

2015 5.6 10.2 64.6 19.6 100.0

2016 5.3 8.5 67.2 19.0 100.0

2017 5.0 8.1 61.0 25.8 100.0

2018 4.9 7.1 60.9 27.2 100.0

($ million)

2014 161.2 348.0 608.1 199.3 1,316.6

2015 135.0 358.5 584.0 287.7 1,365.2

2016 141.9 312.5 678.8 251.6 1,384.8

2017 135.1 284.5 664.5 339.3 1,423.5

2018 156.8 306.9 666.2 371.6 1,501.5

(% change)

2014 4.6 6.7 16.5 -3.2 9.0

2015 -16.3 3.0 -4.0 44.4 3.7

2016 5.1 -12.8 16.2 -12.6 1.4

2017 -4.8 -9.0 -2.1 34.9 2.8

2018 16.1 7.9 0.3 9.5 5.5

TABLE AG 11

NET PREMIUMS OF OFFSHORE INSURANCE FUND BUSINESS BY LINE

INDUSTRY

DIRECT INSURERS

Page 35: INSURANCE STATISTICS 2018 - mas.gov.sg

(% total)

2014 12.2 26.4 46.2 15.1 100.0

2015 9.9 26.3 42.8 21.1 100.0

2016 10.2 22.6 49.0 18.2 100.0

2017 9.5 20.0 46.7 23.8 100.0

2018 10.4 20.4 44.4 24.7 100.0

($ million)

2014 95.0 147.2 2,389.6 535.7 3,167.6

2015 70.0 158.0 2,325.4 607.2 3,160.5

2016 65.7 130.0 2,563.7 625.0 3,384.5

2017 63.4 146.6 2,256.1 805.8 3,271.8

2018 152.1 259.6 3,767.4 1,640.4 5,819.4

(% change)

2014 -17.4 -14.4 19.0 5.5 13.0

2015 -26.4 7.3 -2.7 13.3 -0.2

2016 -6.0 -17.7 10.2 2.9 7.1

2017 -3.6 12.7 -12.0 28.9 -3.3

2018 140.0 77.1 67.0 103.6 77.9

(% total)

2014 3.0 4.6 75.4 16.9 100.0

2015 2.2 5.0 73.6 19.2 100.0

2016 1.9 3.8 75.7 18.5 100.0

2017 1.9 4.5 69.0 24.6 100.0

2018 2.6 4.5 64.7 28.2 100.0

REINSURERS

Page 36: INSURANCE STATISTICS 2018 - mas.gov.sg

($ million)

2014 85.3 7.0 354.7 164.8 611.8

2015 82.0 5.2 397.1 111.4 595.7

2016 69.9 7.8 310.4 126.7 514.8

2017 72.9 5.1 365.1 245.0 688.2

2018 81.2 7.2 454.0 168.7 711.1

(% change)

2014 0.6 8.0 -14.3 12.3 -6.2

2015 -3.9 -25.6 12.0 -32.4 -2.6

2016 -14.7 49.8 -21.8 13.8 -13.6

2017 4.3 -34.2 17.6 93.3 33.7

2018 11.4 39.8 24.3 -31.1 3.3

(% total)

2014 13.9 1.1 58.0 26.9 100.0

2015 13.8 0.9 66.7 18.7 100.0

2016 13.6 1.5 60.3 24.6 100.0

2017 10.6 0.7 53.1 35.6 100.0

2018 11.4 1.0 63.8 23.7 100.0

CAPTIVE INSURERS

Page 37: INSURANCE STATISTICS 2018 - mas.gov.sg

Year Cargo Hull and Liability PropertyCasualty and

OthersTotal

2014 75.3 58.6 63.5 67.9 64.4

2015 66.7 54.9 57.4 54.1 56.9

2016 71.7 53.8 59.3 60.9 59.6

2017 65.8 54.1 60.1 67.9 61.7

2018 73.8 61.0 65.1 57.7 63.0

2014 74.1 58.3 45.9 51.3 52.1

2015 60.6 55.1 39.8 48.4 46.5

2016 67.8 53.9 40.9 46.9 46.4

2017 63.2 50.5 38.5 47.7 44.3

2018 60.7 53.2 36.9 48.6 44.1

2014 65.6 64.2 75.5 76.0 74.6

2015 58.3 58.6 66.3 55.5 63.3

2016 66.7 58.1 70.1 68.1 69.1

2017 56.3 68.9 72.8 73.7 72.4

2018 83.8 77.9 76.4 58.7 70.6

2014 93.7 23.2 44.8 71.2 53.5

2015 93.9 17.5 50.6 65.4 55.6

2016 88.2 23.3 45.9 65.5 52.4

2017 84.5 16.7 57.3 101.2 69.1

2018 91.3 23.7 59.2 75.9 64.2

CAPTIVE INSURERS

REINSURERS

DIRECT INSURERS

TABLE AG 12

RETENTION RATIOS OF OFFSHORE INSURANCE FUND BUSINESS BY LINE

(%)

INDUSTRY

Page 38: INSURANCE STATISTICS 2018 - mas.gov.sg

Year Cargo Hull and Liability PropertyCasualty and

OthersTotal

2014 58.0 80.9 42.1 68.1 51.7

2015 81.4 68.0 53.9 69.6 60.1

2016 55.1 49.4 68.4 62.0 64.8

2017 32.4 60.7 39.9 53.1 44.4

2018 85.9 79.2 91.5 60.6 82.5

2014 73.6 72.8 68.6 51.4 67.6

2015 98.2 65.4 46.1 59.2 59.0

2016 73.7 45.2 47.9 50.5 50.4

2017 28.2 50.4 61.4 45.3 52.4

2018 79.1 86.9 79.0 65.3 77.5

2014 38.5 95.7 30.3 74.7 41.4

2015 82.8 76.9 63.9 71.1 66.4

2016 16.1 62.1 71.3 68.4 69.3

2017 45.4 83.4 37.8 52.8 43.4

2018 109.8 69.5 96.4 55.7 85.1

2014 53.3 137.5 77.8 67.3 72.5

2015 52.8 -6.1 5.8 80.7 29.9

2016 53.4 -10.5 84.8 55.0 72.6

2017 28.7 39.8 14.8 64.4 32.8

2018 57.5 49.5 69.6 88.9 73.2

CAPTIVE INSURERS

REINSURERS

DIRECT INSURERS

TABLE AG 13

INCURRED LOSS RATIOS OF OFFSHORE INSURANCE FUND BUSINESS BY LINE

(%)

INDUSTRY

Page 39: INSURANCE STATISTICS 2018 - mas.gov.sg

YearEarned

Premiums

Net Claims

Incurred

Distribution

Expenses

Management

Expenses

Underwriting

Profit / (Loss)

Net Investment

Income1

Operating Profit

/ (Loss)

($ million)

2014 4,310.0 2,108.9 848.7 574.6 777.8 507.9 1,285.8

2015 4,325.8 2,774.1 831.5 636.3 83.9 313.1 397.0

2016 4,803.7 3,071.6 869.6 686.5 176.0 331.1 507.1

2017 4,608.8 2,123.6 955.4 723.8 806.1 47.6 853.7

2018 6,626.0 5,530.4 1,497.0 767.0 -1,168.4 178.3 -990.1

(% change) (% change)

2014 13.9 48.9 19.7 13.3 18.0 -1,289.4 39.5

2015 0.4 64.1 19.2 14.7 1.9 -38.4 -69.1

2016 11.0 63.9 18.1 14.3 3.7 5.7 27.7

2017 -4.1 46.1 20.7 15.7 17.5 -85.6 68.3

2018 43.8 83.5 22.6 11.6 -17.6 274.4 -216.0

DIRECT INSURERS

($ million)

2014 1,234.9 834.4 178.4 315.8 -93.7 75.5 -18.2

2015 1,338.7 790.3 143.1 365.1 40.2 79.8 120.0

2016 1,371.2 691.4 177.2 407.6 95.0 71.9 166.9

2017 1,362.3 714.0 162.6 431.1 54.7 17.8 72.5

2018 1,423.6 1,102.8 133.3 438.0 -250.5 73.7 -176.7

(% change) (% change)

2014 13.3 67.6 14.4 25.6 -7.6 -43.3 -103.7

2015 8.4 59.0 10.7 27.3 3.0 5.7 -759.7

2016 2.4 50.4 12.9 29.7 6.9 -9.9 39.1

2017 -0.6 52.4 11.9 31.6 4.0 -75.3 -56.6

2018 4.5 77.5 9.4 30.8 -17.6 314.5 -343.9

REINSURERS

($ million)

2014 3,075.1 1,274.4 670.3 258.8 871.6 432.4 1,304.0

2015 2,987.2 1,983.9 688.4 271.2 43.7 233.3 277.0

2016 3,432.5 2,380.2 692.4 278.9 81.0 259.2 340.2

2017 3,246.5 1,409.7 792.8 292.7 751.4 29.8 781.2

2018 5,202.3 4,427.5 1,363.7 329.0 -917.9 104.6 -813.3

(% change) (% change)

2014 14.2 41.4 21.8 8.4 28.3 -345.7 205.4

2015 -2.9 66.4 23.0 9.1 1.5 -46.0 -78.8

2016 14.9 69.3 20.2 8.1 2.4 11.1 22.8

2017 -5.4 43.4 24.4 9.0 23.1 -88.5 129.6

2018 60.2 85.1 26.2 6.3 -17.6 250.5 -204.1

1 Refer to Table AG 15 for the breakdown, excluding marine mutual insurers

2 Includes direct insurers and reinsurers only.

TABLE AG 14

RESULTS OF OFFSHORE INSURANCE FUND BUSINESS

INDUSTRY 2

(% of Earned Premiums)

(% of Earned Premiums)

(% of Earned Premiums)

Page 40: INSURANCE STATISTICS 2018 - mas.gov.sg

YearInterest/Dividend/R

ental Income

Realised Gains

(Losses) from last

reported value/Write

backs (Write-offs)

Unrealised Changes

from Last Reported

Value

ExpensesNet Investment

Income1

2014 218.1 -6.6 306.5 9.8 508.2

2015 242.5 21.3 61.1 11.7 313.3

2016 258.2 32.4 55.1 14.4 331.2

2017 284.2 14.7 -232.9 18.5 47.5

2018 317.4 -29.4 -93.2 16.7 178.2

2014 37.5 -1.0 42.5 3.2 75.8

2015 46.3 -0.1 36.6 2.8 80.0

2016 55.0 9.1 12.2 4.2 72.0

2017 63.4 24.0 -63.3 6.5 17.7

2018 79.7 -4.0 1.5 3.6 73.6

2014 180.6 -5.6 264.0 6.6 432.4

2015 196.3 21.4 24.5 8.9 233.3

2016 203.2 23.3 42.9 10.2 259.2

2017 220.8 -9.3 -169.7 11.9 29.8

2018 237.8 -25.3 -94.7 13.1 104.6

1 Excludes marine mutual Insurers2 Includes direct insurers and reinsurers only.

TABLE AG 15

NET INVESTMENT INCOME OF OFFSHORE INSURANCE FUNDS

REINSURERS

DIRECT INSURERS

($ million)

INDUSTRY 2

Page 41: INSURANCE STATISTICS 2018 - mas.gov.sg

Items 2014 2015 2016 2017 2018

Assets ($ millions)

Equity Securities 2,034.1 1,913.5 2,608.2 2,293.3 2,878.0

Debt Securities 6,444.2 7,653.6 8,178.0 8,076.6 9,545.0

Land & Buildings 11.7 9.9 6.9 6.6 15.7

Loans 2,210.9 2,149.3 2,153.1 1,867.0 2,445.3

Cash & Deposits 4,090.0 4,661.2 4,234.4 3,942.4 4,080.8

Others 4,226.3 4,767.2 5,009.8 5,176.1 7,788.7

Total Assets 19,017.2 21,154.8 22,190.3 21,362.0 26,753.4

Liabilities

Premium Liabilities 2,054.2 2,286.7 2,219.0 2,276.1 3,011.4

Claim Liabilities 6,889.5 7,559.0 7,941.9 7,337.1 10,273.3

Reinsurance Deposits 117.7 118.7 89.3 100.4 112.5

Others 1,725.9 2,264.8 2,444.8 2,383.8 2,853.8

Total Liabilities 10,787.3 12,170.1 12,663.6 12,097.4 16,251.0

Surplus 8,229.9 8,984.6 9,526.7 9,264.6 10,502.4

% Change 17.4 9.2 6.0 -2.8 13.4

Assets ($ millions)

Equity Securities 229.3 238.0 209.4 60.2 78.0

Debt Securities 1,619.3 2,169.4 2,358.9 2,745.2 2,943.9

Land & Buildings 0.0 0.0 0.0 0.0 9.5

Loans 7.0 7.0 7.0 7.0 7.0

Cash & Deposits 1,768.8 1,793.6 1,990.9 1,808.4 2,059.9

Others 1,216.4 1,505.5 1,760.6 1,900.8 2,049.1

Total Assets 4,840.8 5,713.4 6,326.8 6,521.6 7,147.5

Liabilities

Premium Liabilities 687.6 760.8 768.6 806.1 875.9

Claim Liabilities 1,654.1 1,796.0 1,853.1 1,916.4 2,261.7

Reinsurance Deposits 71.8 76.1 65.3 72.9 59.7

Others 1,263.3 1,441.6 1,705.3 1,767.8 1,996.4

Total Liabilities 3,676.9 4,015.4 4,360.9 4,563.1 5,193.6

Surplus 1,163.9 1,698.0 1,965.9 1,958.5 1,953.9

% Change 27.3 45.9 15.8 -0.4 -0.2

Assets ($ millions)

Equity Securities 1,660.0 1,546.2 2,263.0 2,134.3 2,684.5

REINSURERS

DIRECT INSURERS

TABLE AG 16

ASSETS AND LIABILITIES OF OFFSHORE INSURANCE FUNDS

INDUSTRY

Page 42: INSURANCE STATISTICS 2018 - mas.gov.sg

Debt Securities 4,815.2 5,464.7 5,798.6 5,323.6 6,587.4

Land & Buildings 11.7 9.9 6.9 6.6 6.2

Loans 329.9 279.9 0.0 0.0 0.0

Cash & Deposits 1,464.0 1,973.2 1,290.0 1,195.5 945.4

Others 2,597.8 2,789.5 2,647.3 2,464.5 4,800.0

Total Assets 10,878.6 12,063.3 12,005.9 11,124.5 15,023.5

Liabilities

Premium Liabilities 1,081.3 1,224.8 1,167.8 1,172.7 1,781.2

Claim Liabilities 4,424.1 5,066.2 5,428.5 4,803.1 7,181.5

Reinsurance Deposits 41.5 38.2 19.6 27.6 52.9

Others 377.6 710.8 367.8 514.6 748.3

Total Liabilities 5,924.5 7,039.9 6,983.7 6,518.0 9,763.9

Surplus 4,954.1 5,023.4 5,022.2 4,606.5 5,259.6

% Change 17.9 1.4 0.0 -8.3 14.2

Assets ($ millions)

Equity Securities 144.8 129.4 135.7 98.8 115.4

Debt Securities 9.8 19.6 20.5 7.8 13.7

Land & Buildings 0.0 0.0 0.0 0.0 0.0

Loans 1,874.0 1,862.4 2,146.1 1,860.0 2,438.3

Cash & Deposits 857.2 894.5 953.5 938.5 1,075.4

Others 412.1 472.3 601.9 810.8 939.5

Total Assets 3,297.8 3,378.0 3,857.7 3,715.8 4,582.4

Liabilities

Premium Liabilities 285.3 301.1 282.5 297.2 354.4

Claim Liabilities 811.3 696.8 660.4 617.6 830.1

Reinsurance Deposits 4.4 4.4 4.4 0.0 0.0

Others 85.0 112.4 371.7 101.4 109.1

Total Liabilities 1,186.0 1,114.8 1,319.0 1,016.3 1,293.5

Surplus 2,111.8 2,263.3 2,538.7 2,699.6 3,288.9

% Change 11.5 7.2 12.2 6.3 21.8

CAPTIVE INSURERS

Page 43: INSURANCE STATISTICS 2018 - mas.gov.sg

TERRITORY 2014 2015 2016 2017 2018

Australia 642.5 1,160.1 756.2 501.7 889.7

China 726.9 741.6 695.8 859.9 2,879.1

China, Hong Kong 83.4 85.6 91.6 118.8 119.4

India 603.4 485.6 804.0 439.0 603.6

Indonesia 318.5 332.9 268.0 229.5 246.5

Japan 444.0 434.3 493.4 459.3 1,132.5

Philippines 182.1 190.2 160.2 142.4 162.7

Korea, South 379.4 376.4 373.5 332.7 567.1

Thailand 373.3 456.0 486.1 562.9 685.0

Taiwan 68.4 84.8 67.1 66.6 72.4

Others 422.1 643.1 699.3 806.9 880.5

Total 4,244.1 4,990.8 4,895.2 4,519.8 8,238.6

Australia 15.1 23.2 15.4 11.1 10.8

China 17.1 14.9 14.2 19.0 34.9

China, Hong Kong 2.0 1.7 1.9 2.6 1.4

India 14.2 9.7 16.4 9.7 7.3

Indonesia 7.5 6.7 5.5 5.1 3.0

Japan 10.5 8.7 10.1 10.2 13.7

Philippines 4.3 3.8 3.3 3.2 2.0

Korea, South 8.9 7.5 7.6 7.4 6.9

Thailand 8.8 9.1 9.9 12.5 8.3

Taiwan 1.6 1.7 1.4 1.5 0.9

Others 9.9 12.9 14.3 17.9 10.7

Total 100.0 100.0 100.0 100.0 100.0

TABLE AG 17

GROSS PREMIUMS OF OFFSHORE INSURANCE FUND BUSINESS BY TERRITORY

(REINSURERS)

($ million)

(% of Total)

Page 44: INSURANCE STATISTICS 2018 - mas.gov.sg

Statutory Returns for 2018 Life Insurance Returns

Page 45: INSURANCE STATISTICS 2018 - mas.gov.sg

DIRECT INSURERS

($'000)

NON-LINKED INVESTMENT- LINKED NON-LINKED INVESTMENT- LINKED NON-LINKED INVESTMENT- LINKED

AIA SPORE 1,381,180 1,109,873 2,931,166 427,874 530,967 6,567

AVIVA 61,242 1,743 1,711,614 49,471 21,093 -49

AXA INSURANCE 11,906 363,089 397,832 214,694 44,017 1,863

CHINA LIFE 25,965 0 71,666 0 5 0

CHINA TAIPING 240 0 0 0 0 0

ETIQA PL 121,832 0 216,733 0 221 0

FRIENDS PROVIDENT 0 78,485 617 81,509 218 0

FWD SINGAPORE -51 0 64,977 0 1,969 0

GREAT EASTERN LIFE 4,516,395 327,819 3,812,510 245,755 166,846 7,832

HSBC INSURANCE 416,642 1,566 105,071 162,313 106,237 548

LIFE INSURANCE CORP 4,391 0 8,925 0 0 0

MANULIFE 2,100,175 327,177 1,194,885 310,246 1,166,083 0

NTUC INCOME 610,867 311,130 2,360,523 42,703 11,148 55

OLD MUTUAL INTL 0 193,484 0 0 0 479

PRUDENTIAL 981,629 687,622 3,580,563 557,215 26,334 9,638

RAFFLES HEALTH 0 0 69,232 0 35,145 0

SINGAPORE LIFE 115,843 3,889 12,608 0 96,951 0

ST. JAMES'S PLACE 0 148,196 0 0 0 0

SWISS LIFE 0 306,182 0 0 0 867

TOKIO MARINE LIFE 36,542 13,228 725,486 2,119 62,265 26

TRANSAMERICA 103,560 0 11,102 0 12,915 0

UTMOST WORLDWIDE 0 30,451 0 20,478 0 0

ZURICH INTERNATIONAL 0 314 1,701 97,162 727 14

REINSURERS

($'000)

NON-LINKED INVESTMENT- LINKED NON-LINKED INVESTMENT- LINKED NON-LINKED INVESTMENT- LINKED

ALLIANZ SE 0 0 0 0 0 0

ASIA CAPITAL RE 0 0 0 0 0 0

GENERAL RE 0 0 0 0 2 0

MAPFRE RE 0 0 0 0 0 0

MUNICH RE 0 0 0 0 112,952 0

PACIFIC LIFE RE 0 0 0 0 0 0

PARTNER RE ASIA 0 0 0 0 6,145 0

RGA INTL 0 0 0 0 84,842 0

SCOR RE AP 0 0 0 0 0 0

SCOR SE 0 0 0 0 -4 0

SWISS RE ASIA 0 0 0 0 68,245 0

TABLE L1 : LIFE INSURANCE PROFIT AND LOSS ACCOUNT: INCOME OF SINGAPORE LIFE INSURANCE FUNDS FOR THE YEAR ENDED 31ST DECEMBER

2018 (PART I)

OUTWARD REINSURANCE PREMIUMS

COMPANIES

SINGLE PREMIUMS OTHER PREMIUMS OUTWARD REINSURANCE PREMIUMS

COMPANIES

SINGLE PREMIUMS OTHER PREMIUMS

Page 46: INSURANCE STATISTICS 2018 - mas.gov.sg

DIRECT INSURERS

($'000)

INTEREST /

DIVIDEND /

RENTAL INCOME

REALISED GAINS

(LOSSES) FROM LAST

REPORTED VALUE /

WRITEBACK (WRITE-

OFFS)

UNREALISED

CHANGES FROM

LAST

REPORTED

VALUEAIA SPORE 1,447,407 -67,748 -2,050,533 169,458 77,150

AVIVA 183,299 148,716 -462,244 22,621 10,739

AXA INSURANCE 43,725 -5,665 -203,815 9,464 102,733

CHINA LIFE 6,418 -4,893 -5,127 598 0

CHINA TAIPING 26 0 0 0 0

ETIQA PL 18,112 -17,136 -16,318 1,681 237

FRIENDS PROVIDENT 3,335 6,464 -50,412 3,310 2,698

FWD SINGAPORE 708 0 -729 3 3,123

GREAT EASTERN LIFE 1,417,709 350,602 -2,369,507 100,156 32,117

HSBC INSURANCE 191,772 21,147 -470,504 13,198 11,731

LIFE INSURANCE CORP 1,134 13 -681 63 0

MANULIFE 246,909 44,854 -525,661 27,887 73,451

NTUC INCOME 1,006,007 182,337 -943,752 68,805 11,399

OLD MUTUAL INTL 9,218 38,544 -111,937 18,529 3,585

PRUDENTIAL 709,710 964,046 -2,836,574 118,425 25,681

RAFFLES HEALTH 537 0 0 0 3,920

SINGAPORE LIFE 3,340 -1,334 -7,022 120 821

ST. JAMES'S PLACE 5,176 2,495 -23,958 377 4,412

SWISS LIFE 0 0 12,982 0 6,505

TOKIO MARINE LIFE 221,453 34,164 -388,877 10,689 5,632

TRANSAMERICA 81,553 -7,666 -149,598 63,167 86

UTMOST WORLDWIDE 719 1,913 -15,915 0 1,748

ZURICH INTERNATIONAL 1,421 0 -76,681 427 5,611

REINSURERS

($'000)

INTEREST /

DIVIDEND /

RENTAL INCOME

REALISED GAINS

(LOSSES) FROM LAST

REPORTED VALUE /

WRITEBACK (WRITE-

OFFS)

UNREALISED

CHANGES FROM

LAST

REPORTED

VALUE

ALLIANZ SE 0 0 0 0 0

ASIA CAPITAL RE 10 6 -29 0 0

GENERAL RE 542 0 303 24 64

MAPFRE RE 0 0 0 0 0

MUNICH RE 8,307 -1,937 2,378 359 244

PACIFIC LIFE RE 1,625 -269 903 80 43

PARTNER RE ASIA 485 0 -37 162 0

RGA INTL 505 0 -157 40 0

SCOR RE AP 0 0 0 0 0

SCOR SE 129 0 6 1 1

SWISS RE ASIA 2,918 1,179 382 339 2,435

INVESTMENT REVENUE

INVESTMENT

EXPENSESOTHER INCOMECOMPANIES

INVESTMENT REVENUE

OTHER INCOMEINVESTMENT

EXPENSES

TABLE L1 : LIFE INSURANCE PROFIT AND LOSS ACCOUNT: INCOME OF SINGAPORE LIFE INSURANCE FUNDS FOR THE YEAR

ENDED 31ST DECEMBER 2018 (PART II)

COMPANIES

Page 47: INSURANCE STATISTICS 2018 - mas.gov.sg

DIRECT INSURERS

($'000)

DEATH MATURITY SURRENDER CASH BONUS ANNUITY OTHERS

AIA SPORE 261,990 720,487 1,264,454 301,377 17,148 710,365

AVIVA 89,248 204,858 105,475 0 7,247 482,025

AXA INSURANCE 38,094 36,934 359,833 10,613 0 69,240

CHINA LIFE 107 8 40 0 0 0

CHINA TAIPING 0 0 0 0 0 0

ETIQA PL 1,089 0 1,242 6,123 0 0

FRIENDS PROVIDENT 249 0 65,695 0 0 0

FWD SINGAPORE 395 0 45 0 0 63,585

GREAT EASTERN LIFE 329,190 2,588,987 816,148 190,071 34,450 383,475

HSBC INSURANCE 11,292 89,958 228,445 0 2,352 35,359

LIFE INSURANCE CORP 0 0 112 0 0 0

MANULIFE 53,312 162,905 586,781 42,847 0 9,587

NTUC INCOME 278,299 1,073,058 552,905 0 160,744 374,746

OLD MUTUAL INTL 710 0 114,243 0 0 0

PRUDENTIAL 219,699 1,328,498 986,806 40,141 39,143 389,408

RAFFLES HEALTH 1,216 0 0 22 0 45,831

SINGAPORE LIFE -31,895 0 4,065 0 0 13

ST. JAMES'S PLACE 0 0 9,302 0 0 0

SWISS LIFE 0 0 63,099 0 0 0

TOKIO MARINE LIFE 44,384 185,311 35,440 0 6,452 62,000

TRANSAMERICA 2,219 0 24,391 0 0 0

UTMOST WORLDWIDE 304 0 19,274 0 0 0

ZURICH INTERNATIONAL 1,251 38,864 92,457 0 0 0

REINSURERS

($'000)

DEATH MATURITY SURRENDER CASH BONUS ANNUITY OTHERS

ALLIANZ SE - - - - - -

ASIA CAPITAL RE - - - - - -

GENERAL RE - - - - - -

MAPFRE RE - - - - - -

MUNICH RE - - - - - -

PACIFIC LIFE RE - - - - - -

PARTNER RE ASIA - - - - - -

RGA INTL - - - - - -

SCOR RE AP - - - - - -

SCOR SE - - - - - -

SWISS RE ASIA - - - - - -

COMPANIESGROSS CLAIMS

TABLE L2 : LIFE INSURANCE PROFIT AND LOSS ACCOUNT: EXPENDITURE OF SINGAPORE INSURANCE FUNDS FOR THE YEAR ENDED

31ST DECEMBER 2018 (PART I)

COMPANIESGROSS CLAIMS

Page 48: INSURANCE STATISTICS 2018 - mas.gov.sg

DIRECT INSURERS

($'000)

COMPANIESREINSURANCE

RECOVERIES

MANAGEMENT

EXPENSES

DISTRIBUTION

EXPENSES

INCREASE

(DECREASE) IN

NET POLICY

LIABILITIES

OTHERS

AIA SPORE 368,183 249,124 745,551 161,928 197,333

AVIVA 69,233 156,334 33,265 496,182 12,233

AXA INSURANCE 23,515 81,667 184,916 60,601 88,326

CHINA LIFE 0 11,680 1,290 101,119 2,379

CHINA TAIPING 0 4,750 0 27,046 -56

ETIQA PL 0 17,957 23,084 273,198 1,980

FRIENDS PROVIDENT 0 11,467 16,666 459 29,211

FWD SINGAPORE 214 22,646 2,666 -3,119 2,399

GREAT EASTERN LIFE 113,269 188,616 534,939 2,838,407 131,912

HSBC INSURANCE 46,641 41,333 -141,859 140,929 32,324

LIFE INSURANCE CORP 0 1,362 134 14,157 34

MANULIFE 58,110 110,190 286,419 1,293,513 51,997

NTUC INCOME 8,075 142,299 147,096 726,703 11,823

OLD MUTUAL INTL 0 3,281 6,683 1,028 0

PRUDENTIAL 213,619 260,921 624,574 447,884 107,940

RAFFLES HEALTH 19,779 6,728 70 2,346 105

SINGAPORE LIFE 2,615 14,733 -12,688 57,971 2,549

ST. JAMES'S PLACE 0 5,247 8,203 114,251 1

SWISS LIFE 0 3,066 6,658 255,928 102

TOKIO MARINE LIFE 47,214 45,282 52,322 159,372 8,740

TRANSAMERICA 21,376 8,382 -129,347 70,321 1,303

UTMOST WORLDWIDE 0 3,700 6,902 9,000 1,631

ZURICH INTERNATIONAL 151 4,910 5,351 -114,288 -62

REINSURERS

($'000)

COMPANIESREINSURANCE

RECOVERIES

MANAGEMENT

EXPENSES

DISTRIBUTION

EXPENSES

INCREASE

(DECREASE) IN

NET POLICY

LIABILITIES

OTHERS

ALLIANZ SE 0 0 0 0 0

ASIA CAPITAL RE 0 4 0 0 0

GENERAL RE 0 2,423 2,765 553 1,326

MAPFRE RE 0 0 0 0 0

MUNICH RE 150 5,754 147,319 -423,750 10,079

PACIFIC LIFE RE 0 2,353 0 4,963 982

PARTNER RE ASIA 3,420 587 1,805 739 289

RGA INTL 40,636 3,533 -1,944 1,826 875

SCOR RE AP 0 0 0 0 0

SCOR SE 0 420 3,506 4,841 46

SWISS RE ASIA -52,895 10,165 12,239 -340,106 5,444

TABLE L2 : LIFE INSURANCE PROFIT AND LOSS ACCOUNT: EXPENDITURE OF SINGAPORE INSURANCE FUNDS FOR THE

YEAR ENDED 31ST DECEMBER 2018 (PART II)

Page 49: INSURANCE STATISTICS 2018 - mas.gov.sg

DIRECT INSURERS

($'000)

POLICY

LIABILITIES

OUTSTANDING

CLAIMSOTHERS

EQUITY

SECURITIESDEBT SECURITIES

AIA SPORE 35,588,353 43,010 4,736,753 12,106,104 29,161,880

AVIVA 7,564,972 70,319 586,697 3,897,286 4,284,005

AXA INSURANCE 2,883,239 53,647 313,083 2,294,146 839,441

CHINA LIFE 203,347 67 6,959 41,648 189,887

CHINA TAIPING 27,046 0 1,795 0 0

ETIQA PL 671,513 6,245 15,997 134,072 490,662

FRIENDS PROVIDENT 792,519 47 4,620 748,370 3,298

FWD SINGAPORE 35,818 10,034 5,752 0 21,818

GREAT EASTERN LIFE 46,826,014 1,262,968 1,562,893 13,294,058 30,907,835

HSBC INSURANCE 2,836,861 15,784 2,220,524 1,136,677 4,517,904

LIFE INSURANCE CORP 44,956 0 614 0 44,888

MANULIFE 9,416,775 365,205 443,806 4,192,176 5,657,736

NTUC INCOME 30,717,582 118,871 893,072 9,441,750 21,594,573

OLD MUTUAL INTL 1,343,263 0 -19,592 1,271,542 22,487

PRUDENTIAL 33,179,470 1,860,003 1,646,803 26,708,758 9,186,576

RAFFLES HEALTH 13,004 606 8,882 0 0

SINGAPORE LIFE 58,666 4 91,880 23,167 126,921

ST. JAMES'S PLACE 400,371 98 16 393,095 9,491

SWISS LIFE 990,717 0 1,942 295,419 126,698

TOKIO MARINE LIFE 6,209,309 98,424 70,860 2,069,370 4,255,220

TRANSAMERICA 329,286 0 1,213,097 0 1,937,185

UTMOST WORLDWIDE 155,930 534 2,586 148,572 0

ZURICH INTERNATIONAL 703,327 0 5,595 736,083 0

REINSURERS

($'000)

POLICY

LIABILITIES

OUTSTANDING

CLAIMSOTHERS

EQUITY

SECURITIESDEBT SECURITIES

ALLIANZ SE 0 0 0 0 0

ASIA CAPITAL RE 0 0 -61 0 0

GENERAL RE 11,916 1,372 7,669 0 48,926

MAPFRE RE 0 0 0 0 0

MUNICH RE -41,261 0 29,433 0 201,345

PACIFIC LIFE RE 15,737 1,684 -1,138 0 62,605

PARTNER RE ASIA 5,629 1,819 6,502 0 26,930

RGA INTL 13,942 0 38,172 14,976 26,341

SCOR RE AP 0 0 0 0 0

SCOR SE 10,430 0 349 0 9,233

SWISS RE ASIA 39,335 0 70,515 0 283,752

COMPANIES

LIABILITIES ASSETS

TABLE L3 : LIFE INSURANCE : ASSETS AND LIABILITIES OF SINGAPORE INSURANCE FUNDS

AS AT 31ST DECEMBER 2018 (PART I)

COMPANIES

LIABILITIES ASSETS

Page 50: INSURANCE STATISTICS 2018 - mas.gov.sg

DIRECT INSURERS

($'000)

LAND AND

BUILDINGS

MORTGAGE

LOANSPOLICY LOANS OTHER LOANS

CASH AND

DEPOSITSOTHERS

AIA SPORE 587,000 4 348,293 57,024 700,591 382,224

AVIVA 0 0 61,097 0 180,266 276,187

AXA INSURANCE 0 0 21,602 0 101,006 119,703

CHINA LIFE 0 0 153 0 29,098 3,021

CHINA TAIPING 0 0 0 0 42,470 996

ETIQA PL 0 0 948 0 82,114 11,200

FRIENDS PROVIDENT 0 0 0 0 79,784 4,506

FWD SINGAPORE 0 0 0 0 47,518 5,624

GREAT EASTERN LIFE 1,635,800 438,541 857,661 73,561 3,546,158 642,862

HSBC INSURANCE 0 0 15,731 0 122,690 34,405

LIFE INSURANCE CORP 0 0 0 0 3,717 5

MANULIFE 0 4,995 83,796 71,368 365,751 202,633

NTUC INCOME 1,157,294 21,588 589,592 228,380 490,648 300,503

OLD MUTUAL INTL 0 0 7,332 0 117,520 114

PRUDENTIAL 33,300 0 527,004 22 705,257 458,825

RAFFLES HEALTH 0 0 0 0 37,454 13,430

SINGAPORE LIFE 0 0 0 0 31,331 10,543

ST. JAMES'S PLACE 0 0 0 0 6,078 84

SWISS LIFE 0 0 0 0 569,371 3,299

TOKIO MARINE LIFE 119,350 0 53,190 0 229,009 67,356

TRANSAMERICA 0 0 7,168 0 13,575 15,157

UTMOST WORLDWIDE 0 0 0 0 21,883 2,739

ZURICH INTERNATIONAL 0 0 0 0 1,500 13,400

REINSURERS

($'000)

LAND AND

BUILDINGS

MORTGAGE

LOANSPOLICY LOANS OTHER LOANS

CASH AND

DEPOSITSOTHERS

ALLIANZ SE 0 0 0 0 0 0

ASIA CAPITAL RE 0 0 0 0 1,453 45

GENERAL RE 0 0 0 0 8,388 3,556

MAPFRE RE 0 0 0 0 0 0

MUNICH RE 0 0 0 0 12,510 75,941

PACIFIC LIFE RE 0 0 0 0 2,650 4,163

PARTNER RE ASIA 0 0 0 0 1,482 911

RGA INTL 0 0 0 0 11,645 27,500

SCOR RE AP 0 0 0 0 0 0

SCOR SE 0 0 0 0 1,274 6,997

SWISS RE ASIA 0 0 0 0 2,977 93,857

ASSETS

COMPANIES

TABLE L3 : LIFE INSURANCE : ASSETS AND LIABILITIES OF SINGAPORE INSURANCE FUNDS

AS AT 31ST DECEMBER 2018 (PART II)

COMPANIES

ASSETS

Page 51: INSURANCE STATISTICS 2018 - mas.gov.sg

DIRECT INSURERS

($'000)

NO. OF

POLICIES1 SUM INSURED

SINGLE

PREMIUMS

ANNUAL

PREMIUMS

NO. OF

POLICIES1 SUM INSURED

SINGLE

PREMIUMS

ANNUAL

PREMIUMS

AIA SPORE 76,172 8,490,425 1,914,642 181,759 22,523 820,405 345,217 77,661

AVIVA 7,824 640,122 31,522 27,059 14,855 533,463 29,959 83,869

AXA INSURANCE 21,845 866,221 366,459 62,000 2,559 352,121 12,158 13,152

CHINA LIFE 0 0 0 0 1,610 45,310 26,135 18,397

CHINA TAIPING 0 0 0 0 3 240 240 0

ETIQA PL 739 161,177 126,700 622 4,290 260,673 0 62,089

FRIENDS PROVIDENT 716 89,601 76,312 14,882 0 0 0 0

FWD SINGAPORE 0 0 0 0 0 1,299 0 0

GREAT EASTERN LIFE 31,584 4,480,363 1,791,895 54,448 94,904 4,752,194 3,100,179 253,385

HSBC INSURANCE 1,695 1,735,469 393,468 40,233 138 9,542 0 1,265

LIFE INSURANCE CORP 0 0 0 0 172 10,801 4,391 3,205

MANULIFE 31,116 6,475,098 1,877,952 298,180 38,590 1,425,188 458,163 332,617

NTUC INCOME 16,502 1,660,978 606,292 51,175 18,648 938,253 286,612 131,422

OLD MUTUAL INTL 275 128,075 193,484 0 0 0 0 0

PRUDENTIAL 34,963 3,509,358 713,514 102,606 76,683 3,730,259 937,578 433,985

RAFFLES HEALTH 0 0 0 0 0 0 0 0

SINGAPORE LIFE 32 396,653 93,727 3 1,692 29,376 27,600 0

ST. JAMES'S PLACE 513 148,516 148,196 0 0 0 0 0

SWISS LIFE 21 432,517 306,182 0 0 0 0 0

TOKIO MARINE LIFE 3,570 276,673 13,193 55,471 2,341 135,709 36,649 25,311

TRANSAMERICA 42 430,646 102,602 57 0 0 0 0

UTMOST WORLDWIDE 412 28,010 29,971 7,556 0 0 0 0

ZURICH INTERNATIONAL 0 0 14 0 0 0 300 10,196

TABLE L4 : INDIVIDUAL LIFE INSURANCE : NEW POLICIES ISSUED OF SINGAPORE INSURANCE FUNDS

DURING THE YEAR ENDED 31ST DECEMBER 2018 (PART I)

COMPANIES

POLICIES OTHER THAN ANNUITIES

WHOLE LIFE INSURANCE ENDOWMENT INSURANCE

Page 52: INSURANCE STATISTICS 2018 - mas.gov.sg

DIRECT INSURERS

($'000)

NO. OF

POLICIES1 SUM INSURED

SINGLE

PREMIUMS

ANNUAL

PREMIUMS

NO. OF

POLICIES1

SINGLE

PREMIUMS

ANNUAL

PREMIUMS

AIA SPORE 13,102 8,185,214 66,226 23,422 148,485 1,712 148,092

AVIVA 22,171 29,913,243 403 53,278 51,800 0 47,027

AXA INSURANCE 4,634 2,160,926 0 12,066 36,137 0 17,692

CHINA LIFE 0 0 0 0 0 0 0

CHINA TAIPING 0 0 0 0 0 0 0

ETIQA PL 159 90,778 0 107 0 41 8

FRIENDS PROVIDENT 8 7,690 0 4 3 0 16

FWD SINGAPORE 1,016 477,591 0 887 109 0 375

GREAT EASTERN LIFE 47,831 5,882,725 21 23,509 120,456 0 66,385

HSBC INSURANCE 392 244,002 0 436 0 0 0

LIFE INSURANCE CORP 0 0 0 0 0 0 0

MANULIFE 19,634 8,018,291 9,124 13,748 369 0 1,448

NTUC INCOME 40,817 2,909,670 431 12,060 33,197 0 92,909

OLD MUTUAL INTL 0 0 0 0 0 0 0

PRUDENTIAL 11,433 11,846,232 37,326 33,755 163,896 661 173,460

RAFFLES HEALTH 0 0 0 0 669 0 3,777

SINGAPORE LIFE 1,439 1,125,201 0 3,266 0 0 0

ST. JAMES'S PLACE 0 0 0 0 0 0 0

SWISS LIFE 0 0 0 0 0 0 0

TOKIO MARINE LIFE 2,305 953,526 0 3,827 612 0 226

TRANSAMERICA 2 14,488 0 69 0 0 0

UTMOST WORLDWIDE 0 0 0 0 0 0 0

ZURICH INTERNATIONAL 0 59 0 0 0 0 0

TABLE L4 : INDIVIDUAL LIFE INSURANCE : NEW POLICIES ISSUED OF SINGAPORE INSURANCE FUNDS

DURING THE YEAR ENDED 31ST DECEMBER 2018 (PART II)

COMPANIES

POLICIES OTHER THAN ANNUITIES

TERM INSURANCE ACCIDENT AND HEALTH INSURANCE

Page 53: INSURANCE STATISTICS 2018 - mas.gov.sg

DIRECT INSURERS

($'000)

NO. OF

POLICIES1 SUM INSURED

SINGLE

PREMIUMS

ANNUAL

PREMIUMS

NO. OF

POLICIES1

ANNUAL

PAYMENTS

SINGLE

PREMIUMS

ANNUAL

PREMIUMS

AIA SPORE 13,503 2,962,488 11 63,607 0 0 0 0

AVIVA 42,536 0 0 24,629 0 0 0 0

AXA INSURANCE 601 158,688 499 12,034 0 0 0 0

CHINA LIFE 0 0 0 0 0 0 0 0

CHINA TAIPING 0 0 0 0 0 0 0 0

ETIQA PL 0 0 0 0 0 0 0 0

FRIENDS PROVIDENT 0 0 0 0 0 0 0 0

FWD SINGAPORE 0 0 0 0 0 0 0 0

GREAT EASTERN LIFE 0 1,017,235 0 10,466 0 0 0 0

HSBC INSURANCE 0 3,843 158 2,651 0 0 0 0

LIFE INSURANCE CORP 0 0 0 0 0 0 0 0

MANULIFE 0 61,962 6,771 7,143 29 0 1,450 422

NTUC INCOME 0 228,483 0 2,090 391 1,806 36,779 0

OLD MUTUAL INTL 0 0 0 0 0 0 0 0

PRUDENTIAL 2 150 0 3 0 0 0 0

RAFFLES HEALTH 0 0 0 0 0 0 0 0

SINGAPORE LIFE 0 0 0 0 0 0 0 0

ST. JAMES'S PLACE 0 0 0 0 0 0 0 0

SWISS LIFE 0 0 0 0 0 0 0 0

TOKIO MARINE LIFE 0 0 0 0 28 211 0 875

TRANSAMERICA 0 0 0 -5 0 0 0 0

UTMOST WORLDWIDE 0 0 0 0 0 0 0 0

ZURICH INTERNATIONAL 0 0 0 0 0 0 0 0

REINSURERS

($'000)

NO. OF

POLICIES1 SUM INSURED

SINGLE

PREMIUMS

ANNUAL

PREMIUMS

NO. OF

POLICIES1

ANNUAL

PAYMENTS

SINGLE

PREMIUMS

ANNUAL

PREMIUMS

ALLIANZ SE - - - - - - - -

ASIA CAPITAL RE - - - - - - - -

GENERAL RE - - - - - - - -

MAPFRE RE - - - - - - - -

MUNICH RE - - - - - - - -

PACIFIC LIFE RE - - - - - - - -

PARTNER RE ASIA - - - - - - - -

RGA INTL - - - - - - - -

SCOR RE AP - - - - - - - -

SCOR SE - - - - - - - -

SWISS RE ASIA - - - - - - - -

Note:

1 "No. of Policies" denotes the actual number of policies

POLICIES OTHER THAN ANNUITIESANNUITIES

OTHER INSURANCE

COMPANIES

POLICIES OTHER THAN ANNUITIESANNUITIES

OTHER INSURANCE

TABLE L4 : INDIVIDUAL LIFE INSURANCE : NEW POLICIES ISSUED OF SINGAPORE INSURANCE FUNDS

DURING THE YEAR ENDED 31ST DECEMBER 2018 (PART III)

COMPANIES

Page 54: INSURANCE STATISTICS 2018 - mas.gov.sg

DIRECT INSURERS

($'000)

NO. OF

POLICIES1 SUM INSURED

ANNUAL

PREMIUMS

NO. OF

POLICIES1 SUM INSURED

ANNUAL

PREMIUMS

NO. OF

POLICIES1 SUM INSURED

ANNUAL

PREMIUMS

NO. OF

POLICIES1 SUM INSURED

ANNUAL

PREMIUMS

AIA SPORE 2,785 188,267 3,688 20,805 616,271 14,831 46,464 3,299,818 35,290 117,337 12,722,454 84,537

AVIVA 1,000 45,722 2,065 6,990 164,058 18,058 3,645 192,752 9,836 28,073 8,025,739 31,469

AXA INSURANCE 247 19,426 529 1,140 30,055 1,333 12,581 714,457 16,802 7,811 1,533,062 12,664

CHINA LIFE 4 107 54 0 0 0 9 31 59 0 0 0

CHINA TAIPING 0 0 0 0 0 0 0 0 0 0 0 0

ETIQA PL 20 1,713 411 0 0 0 104 7,410 662 16 15,854 26

FRIENDS PROVIDENT 4 245 0 0 0 0 262 39,986 1,728 24 26,929 102

FWD SINGAPORE 2 33 0 0 0 0 4 48 0 111 59,412 107

GREAT EASTERN LIFE 5,240 214,901 6,610 36,948 1,518,964 10,109 26,832 1,529,338 31,912 31,440 3,571,090 18,673

HSBC INSURANCE 70 9,866 404 1,787 82,011 5,808 4,844 309,777 20,454 544 475,265 2,553

LIFE INSURANCE CORP 0 0 0 0 0 0 3 140 20 0 0 0

MANULIFE 543 42,412 2,316 4,002 141,082 3,992 13,352 611,100 18,933 7,767 2,157,941 6,631

NTUC INCOME 8,204 170,257 6,335 20,780 740,732 3,164 16,427 741,104 20,239 53,533 2,472,670 25,210

OLD MUTUAL INTL 3 710 0 0 0 0 139 45,739 0 0 0 0

PRUDENTIAL 1,503 110,928 3,843 20,146 712,907 18,153 35,701 2,634,440 38,048 104,238 5,889,116 63,522

RAFFLES HEALTH 0 0 0 0 0 0 0 0 0 699 0 3,544

SINGAPORE LIFE 5 3,490 27 0 0 0 220 43,104 1,041 406 335,052 1,227

ST. JAMES'S PLACE 0 0 0 0 0 0 38 4,425 0 0 0 0

SWISS LIFE 0 0 0 0 0 0 5 70,669 0 0 0 0

TOKIO MARINE LIFE 229 27,789 862 3,159 152,947 1,808 1,947 321,823 8,855 1,726 385,548 1,617

TRANSAMERICA 2 1,887 0 0 0 0 45 89,919 293 8 36,390 534

UTMOST WORLDWIDE 2 293 0 0 0 0 83 8,165 931 0 0 0

ZURICH INTERNATIONAL 7 0 91 257 0 2,783 376 100 2,893 0 0 0

REINSURERS

($'000)

NO. OF

POLICIES1 SUM INSURED

ANNUAL

PREMIUMS

NO. OF

POLICIES1 SUM INSURED

ANNUAL

PREMIUMS

NO. OF

POLICIES1 SUM INSURED

ANNUAL

PREMIUMS

NO. OF

POLICIES1 SUM INSURED

ANNUAL

PREMIUMS

ALLIANZ SE - - - - - - - - - - - -

ASIA CAPITAL RE - - - - - - - - - - - -

GENERAL RE - - - - - - - - - - - -

MAPFRE RE - - - - - - - - - - - -

MUNICH RE - - - - - - - - - - - -

PACIFIC LIFE RE - - - - - - - - - - - -

PARTNER RE ASIA - - - - - - - - - - - -

RGA INTL - - - - - - - - - - - -

SCOR RE AP - - - - - - - - - - - -

SCOR SE - - - - - - - - - - - -

SWISS RE ASIA - - - - - - - - - - - -

TABLE L5 : INDIVIDUAL LIFE INSURANCE : TERMINATIONS AND TRANSFERS OF POLICIES OF SINGAPORE INSURANCE FUNDS FOR THE YEAR ENDED

31ST DECEMBER 2018 (PART I)

COMPANIES

POLICIES OTHER THAN ANNUITIES

DEATH MATURITY SURRENDER EXPIRY

COMPANIES

POLICIES OTHER THAN ANNUITIES

DEATH MATURITY SURRENDER EXPIRY

Page 55: INSURANCE STATISTICS 2018 - mas.gov.sg

DIRECT INSURERS

($'000)

NO. OF

POLICIES1 SUM INSURED

ANNUAL

PREMIUMS

NO. OF

POLICIES1 SUM INSURED

ANNUAL

PREMIUMS

NO. OF

POLICIES1

ANNUAL

PAYMENTS

ANNUAL

PREMIUMS

AIA SPORE 3,564 162,023 8,005 3,755 491,247 114,128 69 4 0

AVIVA 3,672 150,031 13,898 0 -18,109 0 60 210 0

AXA INSURANCE 1,780 161,871 6,857 6,337 235,225 8,255 0 0 0

CHINA LIFE 0 0 0 30 -42,722 870 0 0 0

CHINA TAIPING 0 0 0 0 0 0 0 0 0

ETIQA PL 173 7,570 1,494 392 31,744 3,989 0 0 0

FRIENDS PROVIDENT 6 400 50 -12 64,456 4,605 0 0 0

FWD SINGAPORE 0 0 0 116 42,673 110 0 0 0

GREAT EASTERN LIFE 2,843 122,392 7,312 68,219 1,266,019 272,223 159 871 0

HSBC INSURANCE -7 6,297 -309 33 -206,432 4,948 11 51 0

LIFE INSURANCE CORP 0 0 0 0 90 0 0 0 0

MANULIFE 4,724 548,873 18,382 3,203 174,042 60,651 176 15,845 115

NTUC INCOME 1,314 65,134 4,141 7,067 548,975 270,752 718 2,638 0

OLD MUTUAL INTL 0 0 0 0 111,733 0 0 0 0

PRUDENTIAL 12,313 468,167 39,895 10,100 965,554 252,569 127 904 97

RAFFLES HEALTH 0 0 0 0 0 0 0 0 0

SINGAPORE LIFE 0 0 0 58 30,196 315 0 0 0

ST. JAMES'S PLACE 0 0 0 0 39,729 0 0 0 0

SWISS LIFE 0 0 0 0 -21,294 0 0 0 0

TOKIO MARINE LIFE 956 276,696 5,658 167 28,644 113,022 17 75 14

TRANSAMERICA 1 1,348 0 1 252,923 3,227 0 0 0

UTMOST WORLDWIDE 0 0 0 3 8,780 4,746 0 0 0

ZURICH INTERNATIONAL 51 64,470 184 0 3,109 19,019 0 0 0

REINSURERS

($'000)

NO. OF

POLICIES1 SUM INSURED

ANNUAL

PREMIUMS

NO. OF

POLICIES1 SUM INSURED

ANNUAL

PREMIUMS

NO. OF

POLICIES1

ANNUAL

PAYMENTS

ANNUAL

PREMIUMS

ALLIANZ SE - - - - - - - - -

ASIA CAPITAL RE - - - - - - - - -

GENERAL RE - - - - - - - - -

MAPFRE RE - - - - - - - - -

MUNICH RE - - - - - - - - -

PACIFIC LIFE RE - - - - - - - - -

PARTNER RE ASIA - - - - - - - - -

RGA INTL - - - - - - - - -

SCOR RE AP - - - - - - - - -

SCOR SE - - - - - - - - -

SWISS RE ASIA - - - - - - - - -

Note:

1 "No. of Policies" denotes the actual number of policies

ANNUITIES

COMPANIES

POLICIES OTHER THAN ANNUITIES

FORFEITURE OTHERS

TABLE L5 : INDIVIDUAL LIFE INSURANCE : TERMINATIONS AND TRANSFERS OF POLICIES OF SINGAPORE INSURANCE

FUNDS FOR THE YEAR ENDED 31ST DECEMBER 2018 (PART II)

COMPANIES

POLICIES OTHER THAN ANNUITIESANNUITIES

FORFEITURE OTHERS

Page 56: INSURANCE STATISTICS 2018 - mas.gov.sg

DIRECT INSURERS

($'000)

NO. OF

POLICIES1 SUM INSURED

ANNUAL

PREMIUMS

NO. OF

POLICIES1 SUM INSURED

ANNUAL

PREMIUMS

NO. OF

POLICIES1 SUM INSURED

ANNUAL

PREMIUMS

AIA SPORE 1,006,254 90,575,847 1,289,145 304,864 8,227,681 564,927 141,795 53,834,250 139,842

AVIVA 57,487 4,559,963 115,888 172,837 7,109,117 1,016,329 94,514 98,767,427 185,063

AXA INSURANCE 149,411 9,598,465 353,917 27,063 2,570,178 107,206 30,287 11,373,790 38,691

CHINA LIFE 1 3,656 927 5,238 184,898 70,661 0 0 0

CHINA TAIPING 0 0 0 3 240 0 0 0 0

ETIQA PL 837 253,517 525 17,663 1,132,677 274,677 276 153,073 236

FRIENDS PROVIDENT 6,701 910,291 87,055 0 0 0 119 165,593 447

FWD SINGAPORE 0 0 0 3,540 45,035 0 1,276 624,711 1,156

GREAT EASTERN LIFE 695,475 50,770,789 957,832 576,885 25,407,396 1,582,310 990,830 65,010,869 208,312

HSBC INSURANCE 49,195 15,906,466 205,101 18,120 728,441 59,719 4,681 2,157,476 6,779

LIFE INSURANCE CORP 0 0 0 770 44,639 9,065 0 0 0

MANULIFE 223,443 31,979,194 936,218 146,802 5,571,038 891,315 65,925 25,237,902 62,134

NTUC INCOME 481,937 27,839,008 677,848 359,992 13,476,700 750,839 1,036,349 63,153,987 161,614

OLD MUTUAL INTL 2,425 1,574,101 0 0 0 0 0 0 0

PRUDENTIAL 504,930 65,204,665 1,111,719 816,451 27,967,410 2,211,170 82,912 53,928,805 136,502

RAFFLES HEALTH 0 0 0 0 0 0 0 0 0

SINGAPORE LIFE 1,473 586,907 8,177 1,679 28,833 0 4,389 3,460,951 9,797

ST. JAMES'S PLACE 1,716 412,564 0 0 0 0 0 0 0

SWISS LIFE 110 1,373,985 0 0 0 0 0 0 0

TOKIO MARINE LIFE 117,439 11,748,508 398,118 45,705 2,388,800 176,800 10,956 9,387,225 48,057

TRANSAMERICA 2,412 9,225,559 13,533 0 0 0 277 528,539 1,876

UTMOST WORLDWIDE 1,689 177,189 22,434 0 0 0 0 0 0

ZURICH INTERNATIONAL 32 0 120 7,084 10,533 91,503 399 433,056 1,661

REINSURERS

($'000)

NO. OF

POLICIES1 SUM INSURED

ANNUAL

PREMIUMS

NO. OF

POLICIES1 SUM INSURED

ANNUAL

PREMIUMS

NO. OF

POLICIES1 SUM INSURED

ANNUAL

PREMIUMS

ALLIANZ SE - - - - - - - - -

ASIA CAPITAL RE - - - - - - - - -

GENERAL RE - - - - - - - - -

MAPFRE RE - - - - - - - - -

MUNICH RE - - - - - - - - -

PACIFIC LIFE RE - - - - - - - - -

PARTNER RE ASIA - - - - - - - - -

RGA INTL - - - - - - - - -

SCOR RE AP - - - - - - - - -

SCOR SE - - - - - - - - -

SWISS RE ASIA - - - - - - - - -

TABLE L6 : INDIVIDUAL LIFE INSURANCE : POLICIES IN FORCE OF SINGAPORE INSURANCE FUNDS AS AT

31ST DECEMBER 2018 (PART I)

WHOLE LIFE INSURANCE ENDOWMENT INSURANCE TERM INSURANCECOMPANIES

POLICIES OTHER THAN ANNUITIES

COMPANIES

POLICIES OTHER THAN ANNUITIES

WHOLE LIFE INSURANCE ENDOWMENT INSURANCE TERM INSURANCE

Page 57: INSURANCE STATISTICS 2018 - mas.gov.sg

DIRECT INSURERS

($'000)

NO. OF

POLICIES1

ANNUAL

PREMIUMS

NO. OF

POLICIES1 SUM INSURED

ANNUAL

PREMIUMS

NO. OF

POLICIES1

ANNUAL

PAYMENTS

ANNUAL

PREMIUMS

AIA SPORE 1,443,107 738,620 79,258 10,693,671 330,303 4,944 17,071 0

AVIVA 550,798 253,652 207,138 0 117,795 1,879 7,253 0

AXA INSURANCE 101,884 57,380 4,568 1,326,300 30,330 0 0 0

CHINA LIFE 0 0 0 0 0 0 0 0

CHINA TAIPING 0 0 0 0 0 0 0 0

ETIQA PL 0 22 0 0 0 0 0 0

FRIENDS PROVIDENT 33 147 0 0 0 0 0 0

FWD SINGAPORE 80 303 0 0 0 0 0 0

GREAT EASTERN LIFE 1,712,097 587,234 0 14,353,367 115,136 7,760 34,451 0

HSBC INSURANCE 0 660 0 2,361,009 34,197 412 2,369 0

LIFE INSURANCE CORP 0 0 0 0 0 0 0 0

MANULIFE 8,649 10,172 243 1,940,456 18,080 1,559 216,164 1,132

NTUC INCOME 1,223,511 518,088 11,244 2,017,601 13,039 39,568 157,116 0

OLD MUTUAL INTL 0 0 0 0 0 0 0 0

PRUDENTIAL 1,130,134 774,519 826 109,483 2,060 7,983 43,003 228

RAFFLES HEALTH 2,939 24,149 0 0 0 0 0 0

SINGAPORE LIFE 0 0 0 0 0 0 0 0

ST. JAMES'S PLACE 0 0 0 0 0 0 0 0

SWISS LIFE 0 0 0 0 0 0 0 0

TOKIO MARINE LIFE 2,746 1,182 0 0 0 1,483 8,187 6,421

TRANSAMERICA 0 0 0 0 50 0 0 0

UTMOST WORLDWIDE 0 0 0 0 0 0 0 0

ZURICH INTERNATIONAL 0 0 0 0 0 0 0 0

REINSURERS

($'000)

NO. OF

POLICIES1

ANNUAL

PREMIUMS

NO. OF

POLICIES1 SUM INSURED

ANNUAL

PREMIUMS

NO. OF

POLICIES1

ANNUAL

PAYMENTS

ANNUAL

PREMIUMS

ALLIANZ SE - - - - - - - -

ASIA CAPITAL RE - - - - - - - -

GENERAL RE - - - - - - - -

MAPFRE RE - - - - - - - -

MUNICH RE - - - - - - - -

PACIFIC LIFE RE - - - - - - - -

PARTNER RE ASIA - - - - - - - -

RGA INTL - - - - - - - -

SCOR RE AP - - - - - - - -

SCOR SE - - - - - - - -

SWISS RE ASIA - - - - - - - -

Note:

1 "No. of Policies" denotes the actual number of policies

POLICIES OTHER THAN ANNUITIES

ACCIDENT AND HEALTH

POLICIESOTHER INSURANCE

ANNUITIES

ANNUITIES

TABLE L6 : INDIVIDUAL LIFE INSURANCE : POLICIES IN FORCE OF SINGAPORE INSURANCE FUNDS AS AT

31ST DECEMBER 2018 (PART II)

COMPANIES

OTHER INSURANCECOMPANIES

ACCIDENT AND HEALTH

POLICIES

POLICIES OTHER THAN ANNUITIES

Page 58: INSURANCE STATISTICS 2018 - mas.gov.sg

DIRECT INSURERS

('000)

NO. OF

POLICIES1

NO. OF LIVES

COVEREDSUM INSURED

SINGLE

PREMIUMS

ANNUAL

PREMIUMS

NO. OF

POLICIES1

NO. OF LIVES

COVERED

SINGLE

PREMIUMS

ANNUAL

PREMIUMS

AIA SPORE 613 45 5,921,239 0 7,366 1,412 106 0 41,927

AVIVA 345 127 15,119,157 0 9,952 339 55 0 26,531

AXA INSURANCE 135 4 397,009 0 529 38 1 0 1,577

CHINA LIFE 0 0 0 0 0 0 0 0 0

CHINA TAIPING 0 0 0 0 0 0 0 0 0

ETIQA PL 1 0 71,050 0 86 0 0 0 99

FRIENDS PROVIDENT 0 0 0 0 0 0 0 0 0

FWD SINGAPORE 25 2 394,739 0 734 59 19 0 6,864

GREAT EASTERN LIFE 354 46 7,121,464 0 8,450 937 109 1,737 41,811

HSBC INSURANCE 0 0 0 0 0 0 0 0 0

LIFE INSURANCE CORP 0 0 0 0 0 0 0 0 0

MANULIFE 0 0 0 0 0 0 0 0 0

NTUC INCOME 193 39 1,631,378 0 2,540 2,811 47 0 6,173

OLD MUTUAL INTL 0 0 0 0 0 0 0 0 0

PRUDENTIAL 225 4 328,184 0 532 523 9 0 6,503

RAFFLES HEALTH 14 2 141,400 0 731 58 15 0 13,192

SINGAPORE LIFE 0 0 0 0 0 0 0 0 0

ST. JAMES'S PLACE 0 0 0 0 0 0 0 0 0

SWISS LIFE 0 0 0 0 0 0 0 0 0

TOKIO MARINE LIFE 390 10 1,245,019 0 1,556 0 46 0 9,483

TRANSAMERICA 0 0 0 0 0 0 0 0 0

UTMOST WORLDWIDE 0 0 0 0 0 0 0 0 0

ZURICH INTERNATIONAL 0 0 0 0 0 0 0 0 0

REINSURERS

('000)

NO. OF

POLICIES1

NO. OF LIVES

COVEREDSUM INSURED

SINGLE

PREMIUMS

ANNUAL

PREMIUMS

NO. OF

POLICIES1

NO. OF LIVES

COVERED

SINGLE

PREMIUMS

ANNUAL

PREMIUMS

ALLIANZ SE - - - - - - - - -

ASIA CAPITAL RE - - - - - - - - -

GENERAL RE - - - - - - - - -

MAPFRE RE - - - - - - - - -

MUNICH RE - - - - - - - - -

PACIFIC LIFE RE - - - - - - - - -

PARTNER RE ASIA - - - - - - - - -

RGA INTL - - - - - - - - -

SCOR RE AP - - - - - - - - -

SCOR SE - - - - - - - - -

SWISS RE ASIA - - - - - - - - -

COMPANIES

POLICIES OTHER THAN ANNUITIES

TERM INSURANCE ACCIDENT AND HEALTH

TABLE L7 : GROUP LIFE INSURANCE : NEW POLICIES ISSUED OF SINGAPORE INSURANCE FUNDS DURING

THE YEAR ENDED 31ST DECEMBER 2018 (PART I)

COMPANIES

POLICIES OTHER THAN ANNUITIES

TERM INSURANCE ACCIDENT AND HEALTH

Page 59: INSURANCE STATISTICS 2018 - mas.gov.sg

DIRECT INSURERS

('000)

NO. OF

POLICIES1

NO. OF LIVES

COVEREDSUM INSURED

SINGLE

PREMIUMS

ANNUAL

PREMIUMS

NO. OF

POLICIES1

NO. OF LIVES

COVERED

SINGLE

PREMIUMS

ANNUAL

PREMIUMS

AIA SPORE 0 43 5,699,706 0 34,703 0 0 0 0

AVIVA 0 46 17,622,637 0 36,394 0 0 0 0

AXA INSURANCE 0 37 5,888,446 0 25,065 0 0 0 0

CHINA LIFE 0 0 0 0 0 0 0 0 0

CHINA TAIPING 0 0 0 0 0 0 0 0 0

ETIQA PL 0 0 17,590 1 2 0 0 0 0

FRIENDS PROVIDENT 0 0 0 0 0 0 0 0 0

FWD SINGAPORE 6 9 2,866,851 0 8,777 0 0 0 0

GREAT EASTERN LIFE 0 32 2,624,060 0 11,266 0 0 0 0

HSBC INSURANCE 0 0 0 0 0 0 0 0 0

LIFE INSURANCE CORP 0 0 0 0 0 0 0 0 0

MANULIFE 0 4 45,115 0 614 0 0 0 0

NTUC INCOME 0 43 741,856 0 6,939 0 0 0 0

OLD MUTUAL INTL 0 0 0 0 0 0 0 0 0

PRUDENTIAL 0 4 625,340 7 11,885 0 0 0 0

RAFFLES HEALTH 0 7 98,996 0 4,473 0 0 0 0

SINGAPORE LIFE 0 0 0 0 0 0 0 0 0

ST. JAMES'S PLACE 0 0 0 0 0 0 0 0 0

SWISS LIFE 0 0 0 0 0 0 0 0 0

TOKIO MARINE LIFE 0 31 626,766 0 9,892 0 0 0 0

TRANSAMERICA 0 0 0 0 0 0 0 0 0

UTMOST WORLDWIDE 0 0 0 0 0 0 0 0 0

ZURICH INTERNATIONAL 0 0 0 0 0 0 0 0 0

REINSURERS

('000)

NO. OF

POLICIES1

NO. OF LIVES

COVEREDSUM INSURED

SINGLE

PREMIUMS

ANNUAL

PREMIUMS

NO. OF

POLICIES1

NO. OF LIVES

COVERED

SINGLE

PREMIUMS

ANNUAL

PREMIUMS

ALLIANZ SE - - - - - - - - -

ASIA CAPITAL RE - - - - - - - - -

GENERAL RE - - - - - - - - -

MAPFRE RE - - - - - - - - -

MUNICH RE - - - - - - - - -

PACIFIC LIFE RE - - - - - - - - -

PARTNER RE ASIA - - - - - - - - -

RGA INTL - - - - - - - - -

SCOR RE AP - - - - - - - - -

SCOR SE - - - - - - - - -

SWISS RE ASIA - - - - - - - - -

Note:

1 "No. of Policies" denotes the actual number of policies

COMPANIES

TABLE L7 : GROUP LIFE INSURANCE : NEW POLICIES ISSUED OF SINGAPORE INSURANCE FUNDS DURING

THE YEAR ENDED 31ST DECEMBER 2018 (PART II)

COMPANIES

POLICIES OTHER THAN ANNUITIESANNUITIES

OTHER INSURANCE

POLICIES OTHER THAN ANNUITIES

OTHER INSURANCEANNUITIES

Page 60: INSURANCE STATISTICS 2018 - mas.gov.sg

DIRECT INSURERS

('000)

NO. OF LIVES

INSUREDSUM INSURED

ANNUAL

PREMIUMS

NO. OF

POLICIES1

NO. OF LIVES

INSUREDSUM INSURED

ANNUAL

PREMIUMS

AIA SPORE 0 68,224 40 946 262 22,283,966 56,162

AVIVA 0 35,468 51 0 44 9,745,532 15,480

AXA INSURANCE 1 11,282 20 222 13 1,549,070 7,041

CHINA LIFE 0 0 0 0 0 0 0

CHINA TAIPING 0 0 0 0 0 0 0

ETIQA PL 0 0 0 0 0 976 0

FRIENDS PROVIDENT 0 0 0 0 0 0 0

FWD SINGAPORE 0 921 0 22 31 2,078,387 18,995

GREAT EASTERN LIFE 0 5,277 5 1,125 47 2,848,404 14,498

HSBC INSURANCE 0 0 0 0 0 0 0

LIFE INSURANCE CORP 0 0 0 0 0 0 0

MANULIFE 0 1,247 470 0 0 0 0

NTUC INCOME 1 31,271 136 2,614 84 1,734,513 8,303

OLD MUTUAL INTL 0 0 0 0 0 0 0

PRUDENTIAL 0 6,028 10 891 134 3,192,109 29,435

RAFFLES HEALTH 0 1,288 3 56 12 887,997 4,176

SINGAPORE LIFE 0 0 0 0 0 0 0

ST. JAMES'S PLACE 0 0 0 0 0 0 0

SWISS LIFE 0 0 0 0 0 0 0

TOKIO MARINE LIFE 0 8,890 13 337 58 1,978,602 13,376

TRANSAMERICA 0 0 0 0 0 0 0

UTMOST WORLDWIDE 0 0 0 0 0 0 0

ZURICH INTERNATIONAL 0 0 0 0 0 0 0

REINSURERS

('000)

NO. OF LIVES

INSUREDSUM INSURED

ANNUAL

PREMIUMS

NO. OF

POLICIES1

NO. OF LIVES

INSUREDSUM INSURED

ANNUAL

PREMIUMS

ALLIANZ SE - - - - - - -

ASIA CAPITAL RE - - - - - - -

GENERAL RE - - - - - - -

MAPFRE RE - - - - - - -

MUNICH RE - - - - - - -

PACIFIC LIFE RE - - - - - - -

PARTNER RE ASIA - - - - - - -

RGA INTL - - - - - - -

SCOR RE AP - - - - - - -

SCOR SE - - - - - - -

SWISS RE ASIA - - - - - - -

TABLE L8 : GROUP LIFE INSURANCE : TERMINATIONS AND TRANSFERS OF POLICIES OF

SINGAPORE INSURANCE FUNDS DURING THE YEAR ENDED 31ST DECEMBER 2018 (PART I)

COMPANIES

POLICIES OTHER THAN ANNUITIES

DEATH EXPIRY

COMPANIES

POLICIES OTHER THAN ANNUITIES

DEATH EXPIRY

Page 61: INSURANCE STATISTICS 2018 - mas.gov.sg

DIRECT INSURERS

('000)

NO. OF

POLICIES1

NO. OF LIVES

INSUREDSUM INSURED

ANNUAL

PREMIUMS

NO. OF

POLICIES1

NO. OF LIVES

INSURED

ANNUAL

PAYMENTS

ANNUAL

PREMIUMS

AIA SPORE 0 0 10,972 89 0 0 0 0

AVIVA 622 56 4,415,592 22,077 0 0 0 0

AXA INSURANCE -11 37 5,493,223 24,119 0 0 0 0

CHINA LIFE 0 0 0 0 0 0 0 0

CHINA TAIPING 0 0 0 0 0 0 0 0

ETIQA PL 0 0 1,575 0 0 0 0 0

FRIENDS PROVIDENT 0 0 0 0 0 0 0 0

FWD SINGAPORE 1 0 2,893 -1 0 0 0 0

GREAT EASTERN LIFE 0 95 6,838,393 27,511 0 0 0 0

HSBC INSURANCE 0 0 0 0 0 0 0 0

LIFE INSURANCE CORP 0 0 0 0 0 0 0 0

MANULIFE 0 30 66,640 1,410 0 0 0 0

NTUC INCOME 0 0 9,938 437 0 0 11 2

OLD MUTUAL INTL 0 0 0 0 0 0 0 0

PRUDENTIAL 12 0 600 19 0 0 0 0

RAFFLES HEALTH 0 9 78,080 9,641 0 0 0 0

SINGAPORE LIFE 0 0 0 0 0 0 0 0

ST. JAMES'S PLACE 0 0 0 0 0 0 0 0

SWISS LIFE 0 0 0 0 0 0 0 0

TOKIO MARINE LIFE 0 5 28,398 181 0 0 0 0

TRANSAMERICA 0 0 0 0 0 0 0 0

UTMOST WORLDWIDE 0 0 0 0 0 0 0 0

ZURICH INTERNATIONAL 0 0 0 0 0 0 0 0

REINSURERS

('000)

NO. OF

POLICIES1

NO. OF LIVES

INSUREDSUM INSURED

ANNUAL

PREMIUMS

NO. OF

POLICIES1

NO. OF LIVES

INSURED

ANNUAL

PAYMENTS

ANNUAL

PREMIUMS

ALLIANZ SE - - - - - - - -

ASIA CAPITAL RE - - - - - - - -

GENERAL RE - - - - - - - -

MAPFRE RE - - - - - - - -

MUNICH RE - - - - - - - -

PACIFIC LIFE RE - - - - - - - -

PARTNER RE ASIA - - - - - - - -

RGA INTL - - - - - - - -

SCOR RE AP - - - - - - - -

SCOR SE - - - - - - - -

SWISS RE ASIA - - - - - - - -

Note:

1 "No. of Policies" denotes the actual number of policies

ANNUITIES

COMPANIES

POLICIES OTHER THAN ANNUITIES

OTHERSCOMPANIES

ANNUITIESOTHERS

POLICIES OTHER THAN ANNUITIES

TABLE L8 : GROUP LIFE INSURANCE : TERMINATIONS AND TRANSFERS OF POLICIES OF SINGAPORE INSURANCE

FUNDS DURING THE YEAR ENDED 31ST DECEMBER 2018 (PART II)

Page 62: INSURANCE STATISTICS 2018 - mas.gov.sg

DIRECT INSURERS

('000)

NO. OF

POLICIES1

NO. OF LIVES

INSUREDSUM INSURED

ANNUAL

PREMIUMS

NO. OF

POLICIES1

NO. OF LIVES

INSURED

ANNUAL

PREMIUMS

AIA SPORE 3,596 371 52,682,509 71,512 7,752 714 305,123

AVIVA 1,904 722 117,120,779 78,839 1,433 143 179,042

AXA INSURANCE 954 88 15,291,721 17,229 208 33 51,059

CHINA LIFE 0 0 0 0 0 0 0

CHINA TAIPING 0 0 0 0 0 0 0

ETIQA PL 4 1 110,785 108 0 0 99

FRIENDS PROVIDENT 0 0 0 0 0 0 0

FWD SINGAPORE 38 4 1,817,869 1,604 141 93 55,423

GREAT EASTERN LIFE 1,301 174 24,014,024 28,440 3,474 364 110,348

HSBC INSURANCE 0 0 0 0 0 0 0

LIFE INSURANCE CORP 0 0 0 0 0 0 0

MANULIFE 13 157 478,812 20,352 0 0 0

NTUC INCOME 741 875 17,549,187 38,830 8,250 222 33,401

OLD MUTUAL INTL 0 0 0 0 0 0 0

PRUDENTIAL 842 266 10,177,404 10,569 1,782 82 37,662

RAFFLES HEALTH 40 10 715,261 3,086 270 50 38,316

SINGAPORE LIFE 0 0 0 0 0 0 0

ST. JAMES'S PLACE 0 0 0 0 0 0 0

SWISS LIFE 0 0 0 0 0 0 0

TOKIO MARINE LIFE 1,898 90 11,947,245 15,875 0 324 80,430

TRANSAMERICA 0 0 0 0 0 0 0

UTMOST WORLDWIDE 0 0 0 0 0 0 0

ZURICH INTERNATIONAL 0 0 0 0 0 0 0

REINSURERS

('000)

NO. OF

POLICIES1

NO. OF LIVES

INSUREDSUM INSURED

ANNUAL

PREMIUMS

NO. OF

POLICIES1

NO. OF LIVES

INSURED

ANNUAL

PREMIUMS

ALLIANZ SE - - - - - - -

ASIA CAPITAL RE - - - - - - -

GENERAL RE - - - - - - -

MAPFRE RE - - - - - - -

MUNICH RE - - - - - - -

PACIFIC LIFE RE - - - - - - -

PARTNER RE ASIA - - - - - - -

RGA INTL - - - - - - -

SCOR RE AP - - - - - - -

SCOR SE - - - - - - -

SWISS RE ASIA - - - - - - -

TABLE L9 : GROUP LIFE INSURANCE : POLICIES IN FORCE OF SINGAPORE INSURANCE FUNDS AS AT 31ST DECEMBER 2018 (PART I)

COMPANIES

POLICIES OTHER THAN ANNUITIES

TERM INSURANCE ACCIDENT AND HEALTH INSURANCE

COMPANIES

POLICIES OTHER THAN ANNUITIES

TERM INSURANCE ACCIDENT AND HEALTH INSURANCE

Page 63: INSURANCE STATISTICS 2018 - mas.gov.sg

DIRECT INSURERS

('000)

NO. OF

POLICIES1

NO. OF LIVES

INSUREDSUM INSURED

ANNUAL

PREMIUMS

NO. OF

POLICIES1

NO. OF LIVES

INSURED

ANNUAL

PAYMENTS

ANNUAL

PREMIUMS

AIA SPORE 6 1 17,301 0 0 0 0 0

AVIVA 0 0 20,428,291 28,275 0 0 0 0

AXA INSURANCE 2 0 263,818 1,526 0 0 0 0

CHINA LIFE 0 0 0 0 0 0 0 0

CHINA TAIPING 0 0 0 0 0 0 0 0

ETIQA PL 0 0 0 0 0 0 0 0

FRIENDS PROVIDENT 0 0 0 0 0 0 0 0

FWD SINGAPORE 0 0 0 0 0 0 0 0

GREAT EASTERN LIFE 2 0 446 3,421 0 0 0 0

HSBC INSURANCE 0 0 0 0 0 0 0 0

LIFE INSURANCE CORP 0 0 0 0 0 0 0 0

MANULIFE 0 0 0 0 0 0 0 0

NTUC INCOME 0 0 0 0 1 0 234 57

OLD MUTUAL INTL 0 0 0 0 0 0 0 0

PRUDENTIAL 160 0 8,650 226 0 0 0 0

RAFFLES HEALTH 0 0 0 0 0 0 0 0

SINGAPORE LIFE 0 0 0 0 0 0 0 0

ST. JAMES'S PLACE 0 0 0 0 0 0 0 0

SWISS LIFE 0 0 0 0 0 0 0 0

TOKIO MARINE LIFE 0 0 0 0 0 0 0 0

TRANSAMERICA 0 0 0 0 0 0 0 0

UTMOST WORLDWIDE 0 0 0 0 0 0 0 0

ZURICH INTERNATIONAL 0 0 0 0 0 0 0 0

REINSURERS

('000)

NO. OF

POLICIES1

NO. OF LIVES

INSUREDSUM INSURED

ANNUAL

PREMIUMS

NO. OF

POLICIES1

NO. OF LIVES

INSURED

ANNUAL

PAYMENTS

ANNUAL

PREMIUMS

ALLIANZ SE - - - - - - - -

ASIA CAPITAL RE - - - - - - - -

GENERAL RE - - - - - - - -

MAPFRE RE - - - - - - - -

MUNICH RE - - - - - - - -

PACIFIC LIFE RE - - - - - - - -

PARTNER RE ASIA - - - - - - - -

RGA INTL - - - - - - - -

SCOR RE AP - - - - - - - -

SCOR SE - - - - - - - -

SWISS RE ASIA - - - - - - - -

Note:

1 "No. of Policies" denotes the actual number of policies

COMPANIES

POLICIES OTHER THAN ANNUITIESANNUITIES

OTHERS

TABLE L9 : GROUP LIFE INSURANCE : POLICIES IN FORCE OF SINGAPORE INSURANCE FUNDS AS AT 31ST DECEMBER 2018 (PART II)

COMPANIES

POLICIES OTHER THAN ANNUITIESANNUITIES

OTHERS

Page 64: INSURANCE STATISTICS 2018 - mas.gov.sg

DIRECT INSURERS

($'000)

SUM INSUREDOFFICE

PREMIUMSBENEFITS EXPENSES PREMIUMS PAD

NEGATIVE

RESERVESTOTAL

AIA SPORE 46,177,121 1,305,139 15,386,817 667,995 8,309,970 12,000,560 55,499 19,800,901

AVIVA 10,648,450 1,070,649 6,887,401 160,006 3,979,688 2,901,861 59,225 6,028,806

AXA INSURANCE 5,159,762 198,863 1,376,497 117,819 1,395,904 751,889 89,993 940,294

CHINA LIFE 7,113 4,255 11,747 8,434 14,215 5,796 21 11,783

CHINA TAIPING 0 0 0 0 0 0 0 0

ETIQA PL 1,282,653 258,833 855,355 42,802 536,538 275,358 113 637,090

FRIENDS PROVIDENT 0 0 0 0 0 0 0 0

FWD SINGAPORE 0 0 0 0 0 0 0 0

GREAT EASTERN LIFE 51,923,195 2,281,626 29,253,283 871,644 13,925,897 17,099,618 102,718 33,401,366

HSBC INSURANCE 1,298,311 72,120 729,668 26,507 388,904 199,472 229 566,972

LIFE INSURANCE CORP 0 0 0 0 0 0 0 0

MANULIFE 17,423,861 1,116,040 7,416,993 293,788 5,081,362 3,741,453 114,918 6,485,790

NTUC INCOME 52,538,112 1,451,636 19,784,689 898,515 9,094,904 14,246,512 189,800 26,024,612

OLD MUTUAL INTL 0 0 0 0 0 0 0 0

PRUDENTIAL 41,980,210 2,773,474 20,519,167 875,120 15,513,677 15,497,804 223,224 21,601,638

RAFFLES HEALTH 0 0 0 0 0 0 0 0

SINGAPORE LIFE 0 0 0 0 0 0 0 0

ST. JAMES'S PLACE 0 0 0 0 0 0 0 0

SWISS LIFE 0 0 0 0 0 0 0 0

TOKIO MARINE LIFE 13,931,490 577,798 4,631,049 271,820 2,541,406 3,573,241 1,506 5,936,210

TRANSAMERICA 0 0 0 0 0 0 0 0

UTMOST WORLDWIDE 0 0 0 0 0 0 0 0

ZURICH INTERNATIONAL 0 0 0 0 0 0 0 0

TABLE L10 : LIFE INSURANCE VALUATION RESULTS FOR THE YEAR ENDED 31ST DECEMBER 2018 (PART I)

- PARTICIPATING FUNDS (SIF)

COMPANIES

PARTICULARS OF POLICIES

VALUATIONPRESENT VALUE STATISTICS

Page 65: INSURANCE STATISTICS 2018 - mas.gov.sg

DIRECT INSURERS

($'000)

SUM INSUREDOFFICE

PREMIUMSBENEFITS EXPENSES PREMIUMS PAD

NEGATIVE

RESERVESTOTAL

AIA SPORE 236,523,674 1,681,826 12,726,239 1,759,858 9,775,054 1,168,801 2,547,792 8,427,637

AVIVA 304,012,268 848,872 2,957,461 405,238 3,534,078 113,745 942,011 884,376

AXA INSURANCE 29,471,435 200,065 776,726 187,835 1,132,161 116,568 164,730 113,698

CHINA LIFE 181,441 38,068 235,216 8,016 52,009 342 0 191,565

CHINA TAIPING 240 0 244 25,526 0 1,276 0 27,046

ETIQA PL 481,554 16,961 34,853 306 1,639 414 489 34,423

FRIENDS PROVIDENT 192,128 593 692 305 1,241 1,244 211 1,211

FWD SINGAPORE 4,545,763 101,789 31,817 3,043 6,902 7,622 238 35,818

GREAT EASTERN LIFE 130,057,544 1,055,895 12,592,714 337,790 4,348,341 801,029 803,041 10,186,232

HSBC INSURANCE 15,800,159 72,018 1,238,776 61,989 -32,303 27,107 30,877 1,391,052

LIFE INSURANCE CORP 44,639 9,065 46,224 1,885 3,178 25 0 44,956

MANULIFE 42,287,861 480,230 765,304 531,931 1,671,871 224,651 695,927 545,942

NTUC INCOME 70,411,848 701,444 4,229,659 357,666 2,862,167 523,824 321,262 2,570,244

OLD MUTUAL INTL 0 0 0 0 0 0 0 0

PRUDENTIAL 161,074,945 970,219 14,260,439 1,305,738 18,333,372 1,670,083 2,925,303 1,828,191

RAFFLES HEALTH 885,139 65,551 10,574 705 0 1,726 0 13,004

SINGAPORE LIFE 3,926,923 9,797 90,538 13,975 95,601 6,640 17,475 33,027

ST. JAMES'S PLACE 0 0 0 0 0 0 0 0

SWISS LIFE 0 0 0 0 0 0 0 0

TOKIO MARINE LIFE 21,696,809 145,644 311,922 52,295 278,719 29,152 106,432 221,082

TRANSAMERICA 9,754,098 15,460 347,864 26,967 52,601 5,188 1,869 329,286

UTMOST WORLDWIDE 0 0 0 0 0 0 0 0

ZURICH INTERNATIONAL 433,056 1,661 4,065 1,867 6,839 647 907 647

COMPANIES

PARTICULARS OF POLICIES

VALUATIONPRESENT VALUE STATISTICS

TABLE L10 : LIFE INSURANCE VALUATION RESULTS FOR THE YEAR ENDED 31ST DECEMBER 2018 (PART II)

- NON-PARTICIPATING FUNDS (SIF)

Page 66: INSURANCE STATISTICS 2018 - mas.gov.sg

DIRECT INSURERS

($'000)

SUM INSUREDOFFICE

PREMIUMSBENEFITS EXPENSES PREMIUMS PAD

NEGATIVE

RESERVESTOTAL TOTAL

AIA SPORE 24,153,672 452,507 746,943 407,653 2,879,836 239,523 1,414,842 -70,875 7,430,690

AVIVA 486,056 55,363 11,037 40,883 106,862 578 57,134 2,770 649,020

AXA INSURANCE 7,105,456 258,410 273,524 356,866 1,473,820 118,656 507,818 -216,956 2,046,202

CHINA LIFE 0 0 0 0 0 0 0 0 0

CHINA TAIPING 0 0 0 0 0 0 0 0 0

ETIQA PL 0 0 0 0 0 0 0 0 0

FRIENDS PROVIDENT 910,291 87,055 -1,005 17,945 101,312 5,420 62,127 -16,826 808,135

FWD SINGAPORE 0 0 0 0 0 0 0 0 0

GREAT EASTERN LIFE 11,306,611 255,511 620,771 625,482 2,366,245 -5,202 1,131,088 5,894 3,232,522

HSBC INSURANCE 4,057,291 162,319 37,932 99,276 343,646 28,271 170,490 -7,676 886,513

LIFE INSURANCE CORP 0 0 0 0 0 0 0 0 0

MANULIFE 5,705,321 1,914,623 0 0 0 0 0 0 2,385,043

NTUC INCOME 2,860,118 40,636 8,620 113,158 171,290 14,135 35,897 519 2,122,206

OLD MUTUAL INTL 1,574,101 0 -4,323 -50,723 0 1,099 22,099 -31,848 1,375,111

PRUDENTIAL 28,289,922 551,142 2,951,426 1,420,535 8,550,096 253,146 3,931,006 6,018 9,743,623

RAFFLES HEALTH 0 0 0 0 0 0 0 0 0

SINGAPORE LIFE 149,767 8,177 1,765 6,517 8,182 745 1,629 2,474 23,165

ST. JAMES'S PLACE 412,564 0 383,616 70,197 486,082 496 38,931 7,159 393,212

SWISS LIFE 1,373,985 0 2,598 3,805 23,207 26 16,822 45 990,672

TOKIO MARINE LIFE 200,259 3,442 3,096 5,055 16,668 1,063 6,580 -874 52,891

TRANSAMERICA 0 0 0 0 0 0 0 0 0

UTMOST WORLDWIDE 177,189 22,434 107,319 40,282 155,751 2,752 1,848 -3,550 159,480

ZURICH INTERNATIONAL 10,533 91,623 956,270 -685,982 347,380 44,611 1 -32,480 735,160

TABLE L10 : LIFE INSURANCE VALUATION RESULTS FOR THE YEAR ENDED 31ST DECEMBER 2018 (PART III)

- INVESTMENT LINKED (SIF)

UNIT

RESERVESCOMPANIES

PARTICULARS OF POLICIES

VALUATION

NON-UNIT RESERVES

PRESENT VALUE STATISTICS

Page 67: INSURANCE STATISTICS 2018 - mas.gov.sg

REINSURERS

($'000)

SUM INSUREDOFFICE

PREMIUMSBENEFITS EXPENSES PREMIUMS PAD

NEGATIVE

RESERVESTOTAL

SIF

ALLIANZ SE 0 0 0 0 0 0 0 0

ASIA CAPITAL RE 0 0 0 0 0 0 0 0

GENERAL RE 0 24,054 120,995 13,976 139,761 9,785 6,921 11,916

MAPFRE RE 0 0 0 0 0 0 0 0

MUNICH RE 87,974,552 119,216 1,952,519 86,011 2,604,925 318,237 206,898 -41,261

PACIFIC LIFE RE 4,087,841 8,389 140,197 18,535 161,370 18,339 37 15,737

PARTNER RE ASIA 2,444,779 6,122 4,841 283 0 505 0 5,629

RGA INTL 15,024,175 18,129 225,494 55,404 405,694 42,375 96,363 13,942

SCOR SE 8,966,242 11,320 9,091 126 0 1,213 0 10,430

SWISS RE ASIA 22,812,640 24,578 374,209 31,188 491,910 46,686 79,162 39,335

OIF

ALLIANZ SE 43,480,722 153,517 509,610 8,645 472,028 9,282 0 55,509

ASIA CAPITAL RE 0 0 0 0 0 0 0 0

GENERAL RE 0 61,316 290,830 37,095 328,271 32,390 7,595 39,639

MAPFRE RE 0 0 0 0 0 0 0 0

MUNICH RE 183,246,405 1,608,536 10,815,649 165,146 7,737,950 209,561 496,916 3,949,323

PACIFIC LIFE RE 42,230,379 101,824 1,152,749 409,653 1,767,859 196,171 103,852 94,566

PARTNER RE ASIA 18,476,544 46,469 407,614 27,023 361,165 71,245 3,375 148,093

RGA INTL 0 0 0 0 0 0 0 0

SCOR SE 295,190,476 512,799 370,459 1,337 0 57,015 0 428,811

SWISS RE ASIA 272,093,984 494,703 6,585,092 557,271 7,577,028 853,301 71,390 490,026

COMPANIES

PARTICULARS OF POLICIES

VALUATIONPRESENT VALUE STATISTICS

TABLE L10 : LIFE INSURANCE VALUATION RESULTS FOR THE YEAR ENDED 31ST DECEMBER 2018 (PART IV)

- PROFESSIONAL REINSURER

Page 68: INSURANCE STATISTICS 2018 - mas.gov.sg

(%)

FIRST YEAR1

RENEWAL2

AIA SPORE 0.1 0.2 2.7 8.2 41.4 4.8 9.2 12.7 4.3 95.8

AVIVA 0.2 0.2 17.7 11.0 51.3 4.4 8.3 1.8 8.6 95.9

AXA INSURANCE 0.1 0.2 1.6 11.3 44.7 5.6 12.0 18.7 8.3 88.9

CHINA LIFE 0.5 0.3 87.3 32.1 4.4 0.6 0.0 1.3 12.0 100.0

CHINA TAIPING 0.0 0.0 0.0 0.0 1,979.3 0.0

ETIQA PL 0.6 0.3 56.4 25.7 12.8 4.5 0.0 6.8 5.3 99.0

FRIENDS PROVIDENT 0.1 0.2 -2.8 10.6 224.7 2.5 0.0 10.4 7.1 100.0

FWD SINGAPORE 1.0 0.1 135.3 -2.6 0.0 0.0 4.3 4.1 34.9 0.0

GREAT EASTERN LIFE 0.1 0.1 5.8 2.3 25.3 2.9 9.4 6.0 2.1 97.2

HSBC INSURANCE 0.1 0.2 6.6 3.6 22.6 1.9 0.0 -20.7 6.0 98.3

LIFE INSURANCE CORP 0.3 0.5 31.0 54.2 1.0 0.9 0.0 1.0 10.2 99.7

MANULIFE 0.3 0.5 23.0 38.7 15.0 4.3 50.9 7.3 2.8 98.2

NTUC INCOME 0.1 0.1 1.3 -1.5 12.0 1.5 5.3 4.4 4.3 98.3

OLD MUTUAL INTL 0.1 0.0 -1.9 0.0 0.0 0.0 0.0 3.5 1.7 -

PRUDENTIAL 0.2 0.2 7.3 8.0 21.7 3.0 17.5 10.8 4.5 94.6

RAFFLES HEALTH 0.1 0.3 -45.1 7.9 14.6 11.1 8.3 0.1 9.7 -

SGZLS -100.0 -100.0 -

SINGAPORE LIFE 6.5 6.4 1,599.1 3,426.1 8.3 0.0 0.0 -9.6 11.1 0.0

ST. JAMES'S PLACE 0.5 0.0 33.9 0.0 0.0 0.0 0.0 5.5 3.5 -

SWISS LIFE 0.4 0.0 38.7 0.0 0.0 0.0 0.0 2.2 1.0 0.0

TOKIO MARINE LIFE 0.1 0.1 0.2 -5.2 13.3 1.7 5.9 6.7 5.8 99.5

TRANSAMERICA 0.0 0.0 0.6 -20.3 483.1 4.0 0.0 -112.8 7.3 100.0

UTMOST WORLDWIDE 0.2 0.4 6.5 9.1 68.3 3.6 0.0 13.6 7.3 98.6

ZURICH INTERNATIONAL 0.0 0.1 -13.2 -13.7 0.0 4.2 0.0 5.4 5.0 100.0

TABLE L11 : LIFE INSURANCE : SELECTED INDICATOR OF SINGAPORE INSURANCE FUNDS FOR THE YEAR ENDED 31ST DECEMBER 2018

GROWTH RATES OF BUSINESS

IN FORCE

DIRECT INSURERS

NEW SUM

INSURED AS

PERCENTAGE

OF SUMS

INSURED IN

FORCE AT

BEGINNING OF

THE YEAR

NEW ANNUAL

PREMIUMS AS

PERCENTAGE OF

ANNUAL PREMIUMS

IN FORCE AT

BEGINNING OF THE

YEAR

COMMISSION RATE

INDIVIDUAL

SUM INSUREDANNUAL

PREMIUMSGROUP

3

EXPENSE RATE

2- YEAR

PERSISTENCY6

MANAGEMENT

RELATED

EXPENSE RATE5

DISTRIBUTION

RELATED

EXPENSE

RATE4

Page 69: INSURANCE STATISTICS 2018 - mas.gov.sg

(%)

FIRST YEAR1

RENEWAL2

ALLIANZ SE - - - - 0.0 0.0 0.0 0.0 0.0 -

ASIA CAPITAL RE - - - - 0.0 0.0 0.0 0.0 0.0 -

GENERAL RE - - - - 0.0 0.0 0.0 11.4 10.0 -

MAPFRE RE - - - - 0.0 0.0 0.0 0.0 0.0 -

MUNICH RE - - - - 0.0 0.0 0.0 147.4 5.8 -

PACIFIC LIFE RE - - - - 0.0 0.0 0.0 0.0 34.0 -

PARTNER RE ASIA - - - - 0.0 0.0 0.0 14.7 4.8 -

RGA INTL - - - - 0.0 0.0 0.0 -1.9 3.4 -

SCOR RE AP - - - - 0.0 0.0 0.0 0.0 0.0 -

SCOR SE - - - - 0.0 0.0 0.0 27.9 3.3 -

SWISS RE ASIA - - - - 0.0 0.0 0.0 8.4 6.9 -

Notes:

1. First year commission rate = first year commissions as a percentage of first year premiums for the year

2. Renewal commission rate = renewal commissions as a percentage of renewal premiums for the year

3. Group commission rate = group commissions as a percentage of group premiums for the year

4. Distribution related expense rate = distribution expenses as a percentage of gross premiums for the year

5. Management related expense rate = management expenses as a percentage of gross premiums for the year

6. 2-year persistency rate = percentage of premiums in force at end of one year after the year of issue

TABLE L11 : LIFE INSURANCE : SELECTED INDICATOR OF SINGAPORE INSURANCE FUNDS FOR THE YEAR ENDED 31ST DECEMBER 2018

2- YEAR

PERSISTENCY6

SUM INSUREDANNUAL

PREMIUMS

INDIVIDUAL

GROUP3

DISTRIBUTION

RELATED

EXPENSE

RATE4

MANAGEMENT

RELATED

EXPENSE RATE5

REINSURERS

NEW SUM

INSURED AS

PERCENTAGE

OF SUMS

INSURED IN

FORCE AT

BEGINNING OF

THE YEAR

NEW ANNUAL

PREMIUMS AS

PERCENTAGE OF

ANNUAL PREMIUMS

IN FORCE AT

BEGINNING OF THE

YEAR

GROWTH RATES OF BUSINESS

IN FORCECOMMISSION RATE EXPENSE RATE

Page 70: INSURANCE STATISTICS 2018 - mas.gov.sg

Statutory Returns for 2018

General Insurance Returns

Page 71: INSURANCE STATISTICS 2018 - mas.gov.sg

INTEREST /

DIVIDEND / RENTAL

INCOME

REALISED GAINS

(LOSSES) FROM

LAST REPORTED

VALUE / WRITE-

BACKS (WRITE-

OFFS)

UNREALISED

CHANGES FROM

LAST REPORTED

VALUE

ACYC 22,679 16,328 133 -27 0 0 1,413

AETNA 2 0 0 117 0 0 3 0

AETNA S'PORE BRANCH 64,009 236 701 -64 0 0 0

AIA SPORE 16,879 277 2,213 -29 -666 164 0

AIG ASIA 443,389 300,355 12,319 54 -5,980 448 387

ALLIANZ GLOBAL C&S 61,794 27,617 3,263 -1,018 948 0 4,094

ALLIED WORLD 62,693 54,175 1,548 -57 -130 367 2,990

AUTO & GENERAL 4,966 209 33 0 0 0 191

AVIVA 24,074 1,038 875 -62 -92 216 45

AXA CORPORATE 14,425 5,737 308 0 0 0 5

AXA INSURANCE 359,405 47,294 18,274 -16,725 -2,084 1,298 1,285

AXIS SPECIALTY 7,825 6,308 385 0 0 0 0

BERKLEY INSURANCE 7,620 1,210 149 0 -55 40 82

BERKSHIRE 94,483 75,840 1,248 0 101 276 24

CHINA TAIPING 77,931 14,456 6,911 -2,447 5,879 252 28

CHUBB INS 212,733 113,323 3,787 0 -918 127 2,848

CIGNA EUROPE 133,571 67,556 1,111 0 138 180 4,201

COFACE 16,636 6,054 2,791 0 -349 0 4,676

DIRECT ASIA 26,251 9,646 563 0 0 0 675

ECICS LTD 7,233 1,579 1,387 -421 -1,303 196 689

EQ INS 54,125 4,748 2,267 318 -2,002 111 222

ERGO 37,577 19,238 1,210 -248 -365 39 15

ETIQA PL 57,227 23,914 3,706 -1,447 -2,319 288 251

EULER HERMES 14,068 11,470 748 0 -46 0 3,048

FACTORY MUTUAL 41,706 22,504 80 0 517 0 165

FIRST CAPITAL 207,807 79,835 12,472 1,147 1,833 13 4,212

FWD SINGAPORE 27,718 19,936 145 0 8 0 619

GARD (BERMUDA) 1 23,065 15,206 15 0

GARD MARINE 4,531 2,338 128 -3 5 7 0

GEG 120,539 56,067 4,017 -925 -1,346 229 370

GREAT AMERICAN 31,497 9,501 829 0 -84 59 614

HDI GLOBAL 23,020 21,169 129 59 -8 0 314

HELVETIA SWISS 278 0 0 0 0 0 40

HL ASSURANCE 17,045 6,490 34 0 0 0 20

INDIA INTERNATIONAL 64,847 18,667 14,260 2,008 -14,958 140 5,633

JAPAN SHIP OWNERS' 1 10,369 2,265 0 0

LIBERTY 156,240 11,600 4,726 110 -804 270 1,547

LIBERTY SPECIALTY 8,781 3,807 432 -37 5 64 89

LIBERTY SPECIALTY SINGAPORE 39,981 19,960 1,184 33 -854 46 1,641

LLOYD'S ASIA SCHEME 106,943 21,687 667 -170 680 35 1,215

LONPAC 25,673 10,765 1,404 -92 1,589 35 211

MSIG 289,195 68,598 13,996 2,159 -15,068 2,622 219

NORTH OF ENGLAND P&I 1 20,283 15,221 0 0

NTUC INCOME 339,137 21,040 38,811 3,120 -7,870 2,123 97

QBE INS 136,234 78,977 3,529 -57 -540 240 1,681

REARDON 2 0 0 38 -2 -23 8 15

SHIPOWNERS' MUTUAL P&I 33,094 21,442 0 1,219

SKULD 1 13,311 10,239 0 393

SOMPO INS 131,438 41,199 4,050 67 -1,991 239 294

STANDARD CLUB 1 17,297 13,676 5 47

STARR INTERNATIONAL 1,443 1,296 241 0 -217 0 0

SWISS RE INTERNATIONAL 22,119 21,450 146 -2 1,045 5 5,664

THE WEST OF ENGLAND 1 4,981 3,511 0 0

TOKIO MARINE INS 149,034 52,200 11,874 -628 17,516 423 403

TT CLUB 4,313 3,584 9 0

UK CLUB (EUROPE) 1 9,756 7,549 0 0

UOI 78,589 49,634 5,653 -3,097 -7,417 624 195

XL INS 56,585 43,267 1,553 0 -461 184 2

ZURICH 43,628 39,571 512 4 -288 108 4,627

TABLE G1 GENERAL INSURANCE PROFIT & LOSS ACCOUNT: INCOME OF SINGAPORE INSURANCE FUNDS

FOR THE YEAR ENDED 31ST DECEMBER 2018

OTHERSINVESTMENT

EXPENSES

($'000)

INVESTMENT REVENUE

DIRECT INSURERS

OUTWARD

REINSURANCE

PREMIUMS

GROSS

PREMIUMS

Page 72: INSURANCE STATISTICS 2018 - mas.gov.sg

INTEREST /

DIVIDEND / RENTAL

INCOME

REALISED GAINS

(LOSSES) FROM

LAST REPORTED

VALUE / WRITE-

BACKS (WRITE-

OFFS)

UNREALISED

CHANGES FROM

LAST REPORTED

VALUE

ALLIANZ SE 1,530 94 333 -121 141 13 1,057

ASIA CAPITAL RE 14,113 2,798 5,621 -486 -6,576 44 1

ASPEN INSURANCE 9,670 6,178 206 0 0 0 10

CHINA REINSURANCE 18,631 630 171 0 0 12 89

DAVINCI RE 0 0 0 0 0 0 0

ENDURANCE SPECIALTY 1,092 268 65 0 0 0 318

EVEREST RE 4,974 0 757 0 71 32 15

GENERAL RE 3,343 656 327 0 722 13 122

IAG RE 0 0 0 0 0 0 0

KOREAN RE 13,817 206 587 0 625 12 12

MAPFRE RE 885 22 39 380 -8 176 4

MILLI RE 0 0 3 -2 -3 0 0

MUNICH RE 21,604 35 1,816 -164 303 96 249

ODYSSEY RE 4,656 0 598 302 -479 16 15

PARTNER RE ASIA 14,080 7,047 768 -5 -96 277 1

QATAR RE 2 1,003 334 0 0 0 0 161

RENAISSANCE RE 1,740 1,208 0 0 0 0 0

SAMSUNG RE 332 226 75 0 -3 0 0

SCOR RE AP 14,155 771 622 -15 -589 44 364

SINGAPORE RE 40,881 18,960 5,678 638 -5,319 232 22

SIRIUS INTERNATIONAL 3,255 1,613 215 0 23 0 241

SWISS RE ASIA 24,125 10,533 841 496 23 118 551

TOA RE 6,789 86 506 0 6 7 29

TRANSATLANTIC REINSURANCE 1,093 0 16 0 0 0 19

VALIDUS RE 0 0 0 0 0 0 0

XL BERMUDA 2,353 375 656 0 -241 44 0

Notes:

1 Figures are in respect of Marine Mutual Insurers' financial years ended 20 Feb 2018 or 31 Mar 2018.

2 On run-off.

($'000)

INVESTMENT REVENUE

OUTWARD

REINSURANCE

PREMIUMS

GROSS

PREMIUMSREINSURERS OTHERS

INVESTMENT

EXPENSES

Page 73: INSURANCE STATISTICS 2018 - mas.gov.sg

($'000)

DIRECT INSURERS GROSS CLAIMSREINSURANCE

RECOVERABLES

MANAGEMENT

EXPENSES

DISTRIBUTION

EXPENSES

INCREASE

(DECREASE) IN

POLICY LIABILITIES

OTHERS

ACYC 30,487 22,098 4,694 -5,221 -629 116

AETNA 2 636 0 275 28 -2,685 117

AETNA S'PORE BRANCH 40,698 0 12,702 6,073 7,996 556

AIA SPORE 2,718 0 3,140 5,904 464 1,016

AIG ASIA 202,221 128,103 98,872 -57,892 -2,161 14,213

ALLIANZ GLOBAL C&S 12,621 4,830 25,750 -1,267 13,522 4,542

ALLIED WORLD 29,006 21,614 22,033 -1,122 -10,989 3,944

AUTO & GENERAL 1,796 0 1,453 0 3,356 0

AVIVA 16,897 196 7,167 1,326 3,050 -843

AXA CORPORATE 6,185 2,465 1,019 1,274 566 735

AXA INSURANCE 234,104 29,209 69,717 64,334 -23,698 8,960

AXIS SPECIALTY 6 5 303 280 165 185

BERKLEY INSURANCE 1,382 299 3,105 1,511 1,851 0

BERKSHIRE 48,953 39,162 3,599 771 4,073 542

CHINA TAIPING 55,975 5,154 9,694 10,442 -16,095 2,604

CHUBB INS 48,814 30,663 54,430 7,388 9,393 6,604

CIGNA EUROPE 92,062 45,989 20,691 -5,145 7,993 2,877

COFACE 7,727 2,584 7,721 387 2,363 958

DIRECT ASIA 14,004 5,635 15,079 -3,019 3,219 172

ECICS LTD 8,704 1,763 3,571 1,365 -664 482

EQ INS 29,547 2,158 8,952 11,003 5,840 984

ERGO 37,367 15,183 11,787 5,008 -13,469 60

ETIQA PL 30,420 7,270 10,758 2,519 -4,058 351

EULER HERMES 49,498 56,990 7,828 -1,332 -2,286 153

FACTORY MUTUAL 335 -91 3,237 -1,465 1,604 3,710

FIRST CAPITAL 132,318 43,442 9,496 4,029 -2,604 7,705

FWD SINGAPORE 11,809 8,161 25,038 -2,334 3,982 2,051

GARD (BERMUDA) 1 28,382 13,329 243 29 3,231 -859

GARD MARINE 2,009 851 51 598 222 85

GEG 49,606 24,453 18,109 7,308 7,951 3,159

GREAT AMERICAN 21,451 785 7,162 4,561 8,850 665

HDI GLOBAL 1,412 1,318 1,793 -766 482 118

HELVETIA SWISS 0 0 101 83 169 7

HL ASSURANCE 5,052 1,997 6,621 1,562 4,517 606

INDIA INTERNATIONAL 48,107 17,840 5,722 5,924 -2,751 1,457

JAPAN SHIP OWNERS' 1 3,194 0 2,168 87 3,161 74

LIBERTY 80,865 3,231 21,682 30,815 -2,728 5,734

LIBERTY SPECIALTY 1,439 319 2,695 158 -1,472 1,725

LIBERTY SPECIALTY SINGAPORE 4,808 715 7,092 983 11,368 318

LLOYD'S ASIA SCHEME 47,419 10,880 14,114 19,631 1,207 1,381

LONPAC 8,911 2,060 7,525 1,139 -1,081 731

MSIG 136,607 29,581 81,882 34,200 -13,955 1,463

NORTH OF ENGLAND P&I 1 9,666 12,011 4,938 1,475 -2,816 2,073

NTUC INCOME 201,422 7,679 65,411 51,050 -406 4,785

QBE INS 76,129 30,959 31,154 253 -16,475 1,606

REARDON 2 9 0 0 0 -334 0

SHIPOWNERS' MUTUAL P&I 28,107 25,312 4,720 4,265 263 97

SKULD 1 5,194 4,447 2,086 867 2,336 280

SOMPO INS 56,373 14,832 30,659 17,389 7,451 2,150

STANDARD CLUB 1 14,915 14,925 2,802 1,037 1,617 0

STARR INTERNATIONAL 774 737 99 -132 -221 124

SWISS RE INTERNATIONAL 18,984 9,536 6,730 -11,126 -749 266

THE WEST OF ENGLAND 1 1,308 961 509 533 2,391 0

TOKIO MARINE INS 63,237 15,115 17,887 14,440 1,814 7,669

TT CLUB 1,971 1,801 554 -84 -57 126

TABLE G2 GENERAL INSURANCE PROFIT & LOSS ACCOUNT: OUTGO OF SINGAPORE INSURANCE FUNDS

FOR THE YEAR ENDED 31ST DECEMBER 2018

Page 74: INSURANCE STATISTICS 2018 - mas.gov.sg

UK CLUB (EUROPE) 1 5,840 5,257 321 459 304 37

UOI 29,933 21,793 10,321 -5,975 -5,635 509

XL INS 17,861 10,710 7,984 -1,040 10,300 554

ZURICH 42,680 40,635 10,426 -4,300 640 2,837

($'000)

REINSURERS GROSS CLAIMSREINSURANCE

RECOVERABLES

MANAGEMENT

EXPENSES

DISTRIBUTION

EXPENSES

INCREASE

(DECREASE) IN

POLICY LIABILITIES

OTHERS

ALLIANZ SE 441 3 63 207 -1,751 48

ASIA CAPITAL RE 14,218 7,214 4,343 2,820 -4,835 390

ASPEN INSURANCE 2,959 1,797 1,607 12 184 75

CHINA REINSURANCE 6,240 0 693 5,660 8,244 -432

DAVINCI RE 0 0 0 0 0 11

ENDURANCE SPECIALTY 838 15 53 177 -106 0

EVEREST RE 3,400 0 242 1,676 -1,201 59

GENERAL RE 4,181 348 2,687 -705 -3,936 1,064

IAG RE 0 0 0 0 0 0

KOREAN RE 3,763 5 399 4,216 6,088 137

MAPFRE RE 338 0 49 176 194 15

MILLI RE 0 0 0 0 0 0

MUNICH RE 7,311 0 1,828 4,231 -2,137 1,089

ODYSSEY RE 3,187 0 140 1,306 986 -159

PARTNER RE ASIA 2,321 1,104 268 1,412 3,212 -1

QATAR RE 2 4,421 2,399 230 252 -414 50

RENAISSANCE RE -712 -356 171 -40 663 75

SAMSUNG RE 230 181 34 35 -139 6

SCOR RE AP 9,223 3,088 953 2,517 1,381 337

SINGAPORE RE 27,430 12,499 2,376 7,572 -5,654 -33

SIRIUS INTERNATIONAL 1,096 395 378 340 -121 28

SWISS RE ASIA 10,901 690 855 1,518 -5,394 1,465

TOA RE 4,334 0 476 2,334 -1,592 8

TRANSATLANTIC REINSURANCE 510 0 116 152 -56 55

VALIDUS RE 0 0 0 0 0 0

XL BERMUDA 1,418 15 308 44 -949 2,023

Notes:

1 Figures are in respect of Marine Mutual Insurers' financial years ended 20 Feb 2018 or 31 Mar 2018.

2 On run-off.

Page 75: INSURANCE STATISTICS 2018 - mas.gov.sg

PREMIUM

LIABILITIES

CLAIMS

LIABILITIES

REINSURANCE

DEPOSITSOTHERS

ACYC 3,084 5,201 0 8,116

AETNA 2 0 1,027 0 211

AETNA S'PORE BRANCH 31,683 13,444 0 7,442

AIA SPORE 5,949 3,988 0 2,577

AIG ASIA 112,111 82,562 113,497 104,164

ALLIANZ GLOBAL C&S 22,455 44,444 0 23,454

ALLIED WORLD 7,588 15,616 0 18,161

AUTO & GENERAL 3,267 2,037 0 1,393

AVIVA 17,759 16,262 0 1,466

AXA CORPORATE 3,865 6,255 0 11,064

AXA INSURANCE 139,685 233,627 0 90,095

AXIS SPECIALTY 1,799 1,620 0 12,718

BERKLEY INSURANCE 2,039 8,065 0 2,701

BERKSHIRE 6,988 29,211 0 44,989

CHINA TAIPING 45,106 77,898 1,058 13,536

CHUBB INS 40,958 87,417 0 65,940

CIGNA EUROPE 25,791 9,067 0 40,007

COFACE 6,636 76,632 0 9,022

DIRECT ASIA 13,546 12,381 0 9,800

ECICS LTD 6,372 11,221 0 16,142

EQ INS 23,287 48,616 0 6,648

ERGO 6,846 14,300 15,734 12,113

ETIQA PL 23,167 31,750 10,085 25,970

EULER HERMES 4,366 6,060 0 14,198

FACTORY MUTUAL 13,010 1,029 0 18,051

FIRST CAPITAL 44,260 227,181 24,948 73,745

FWD SINGAPORE 4,923 2,811 0 17,283

GARD (BERMUDA) 1 0 17,452 0 8,908

GARD MARINE 1,196 1,855 0 2,047

GEG 41,698 47,136 6,336 34,721

GREAT AMERICAN 11,906 35,586 0 7,615

HDI GLOBAL 945 2,077 0 5,297

HELVETIA SWISS 95 73 0 2

HL ASSURANCE 5,159 3,830 0 3,210

INDIA INTERNATIONAL 22,025 90,997 908 24,767

JAPAN SHIP OWNERS' 1 4,697 7,227 0 7,736

LIBERTY 76,929 74,978 1,933 48,900

LIBERTY SPECIALTY 11,858 2,637 0 12,387

LIBERTY SPECIALTY SINGAPORE 19,378 13,779 0 20,275

LLOYD'S ASIA SCHEME 40,665 109,753 660 121,261

LONPAC 9,358 17,990 0 7,893

MSIG 89,081 155,768 0 56,939

NORTH OF ENGLAND P&I 1 0 7,204 0 22,376

NTUC INCOME 187,696 434,409 4,247 125,403

QBE INS 30,545 57,287 0 25,080

REARDON 2 0 342 0 36

SHIPOWNERS' MUTUAL P&I 5,012 3,384 0 16,252

SKULD 1 587 4,999 0 2,078

SOMPO INS 46,117 55,989 297 15,058

STANDARD CLUB 1 46 3,455 0 329

STARR INTERNATIONAL 133 175 0 2,745

DIRECT INSURERS

TABLE G3 GENERAL INSURANCE: ASSETS AND LIABILITIES OF SINGAPORE INSURANCE FUNDS

FOR THE YEAR ENDED 31ST DECEMBER 2018 (PART I)

($'000)

LIABILITIES

Page 76: INSURANCE STATISTICS 2018 - mas.gov.sg

SWISS RE INTERNATIONAL 15,598 14,581 0 12,605

THE WEST OF ENGLAND 1 0 2,391 0 413

TOKIO MARINE INS 50,643 68,136 2,079 58,998

TT CLUB 68 412 0 2,016

UK CLUB (EUROPE) 1 0 2,492 0 326

UOI 17,694 36,551 2,037 21,624

XL INS 16,487 22,758 2,094 66,380

ZURICH 6,415 6,810 0 17,781

PREMIUM

LIABILITIES

CLAIMS

LIABILITIES

REINSURANCE

DEPOSITSOTHERS

ALLIANZ SE 89 7,484 45 -2,735

ASIA CAPITAL RE 7,042 23,176 0 4,669

ASPEN INSURANCE 3,786 5,630 0 14,802

CHINA REINSURANCE 5,251 21,669 0 2,088

DAVINCI RE 0 0 0 37

ENDURANCE SPECIALTY 336 1,266 0 1,251

EVEREST RE 453 9,403 0 8,155

GENERAL RE 1,317 17,205 0 2,307

IAG RE 0 0 0 0

KOREAN RE 5,208 19,937 0 326

MAPFRE RE 333 1,386 0 98

MILLI RE 0 0 0 -103

MUNICH RE 6,580 58,716 0 1,858

ODYSSEY RE 363 12,848 0 -1,934

PARTNER RE ASIA 4,508 8,087 0 5,450

QATAR RE 2 404 3,253 0 634

RENAISSANCE RE 33 639 0 301

SAMSUNG RE 980 857 0 693

SCOR RE AP 5,040 22,962 0 2,868

SINGAPORE RE 10,576 75,852 653 26,118

SIRIUS INTERNATIONAL 379 1,638 160 5,775

SWISS RE ASIA 4,844 35,765 0 10,308

TOA RE 1,991 12,960 0 292

TRANSATLANTIC REINSURANCE 178 1,705 0 310

VALIDUS RE 0 0 0 0

XL BERMUDA 409 7,579 231 9,159

Notes:

1 Figures are in respect of Marine Mutual Insurers' financial years ended 20 Feb 2018 or 31 Mar 2018.

2 On run-off.

REINSURERS

($'000)

LIABILITIES

Page 77: INSURANCE STATISTICS 2018 - mas.gov.sg

EQUITY

SECURITIES

DEBT

SECURITIES

LAND AND

BUILDINGSLOANS

CASH AND

DEPOSITSOTHERS

ACYC 0 0 0 0 13,896 13,731

AETNA 2 0 1,997 0 0 4,604 522

AETNA S'PORE BRANCH 0 51,293 0 0 10,079 16,034

AIA SPORE 0 79,455 0 0 1,196 962

AIG ASIA 31,431 507,762 0 0 52,755 77,296

ALLIANZ GLOBAL C&S 5,000 127,936 0 0 10,830 27,206

ALLIED WORLD 0 78,024 0 0 3,853 71,515

AUTO & GENERAL 0 0 0 0 8,156 457

AVIVA 0 48,195 0 0 9,024 4,758

AXA CORPORATE 0 0 0 0 27,801 11,559

AXA INSURANCE 43,980 491,910 0 0 67,677 86,152

AXIS SPECIALTY 0 21,254 0 0 4,598 10,593

BERKLEY INSURANCE 0 12,407 0 0 5,435 3,364

BERKSHIRE 0 54,124 0 0 41,499 39,323

CHINA TAIPING 40,504 136,401 108,440 0 19,170 11,610

CHUBB INS 0 214,238 0 0 12,230 160,154

CIGNA EUROPE 0 58,034 0 0 21,391 42,555

COFACE 0 144,157 0 0 6,437 7,885

DIRECT ASIA 0 0 0 0 48,858 6,024

ECICS LTD 5,548 29,580 0 0 15,066 3,263

EQ INS 12,889 23,812 0 0 69,778 11,786

ERGO 0 34,097 0 0 14,534 14,561

ETIQA PL 6,232 89,978 0 0 35,446 12,332

EULER HERMES 0 43,620 0 0 5,996 8,575

FACTORY MUTUAL 0 0 0 0 80,748 16,720

FIRST CAPITAL 0 35,557 30,000 17,369 697,647 78,065

FWD SINGAPORE 0 5,162 0 0 23,098 2,419

GARD (BERMUDA) 1 0 16,239 0 0 24,402 621

GARD MARINE 0 2,015 0 0 5,578 1,994

GEG 0 122,261 0 0 35,995 16,789

GREAT AMERICAN 0 51,504 0 0 22,390 13,446

HDI GLOBAL 0 6,202 0 0 4,924 11,045

HELVETIA SWISS 0 0 0 0 679 12

HL ASSURANCE 0 0 0 0 13,342 4,543

INDIA INTERNATIONAL 87,677 182,281 28,500 0 173,212 56,970

JAPAN SHIP OWNERS' 1 0 0 0 0 20,469 2,767

LIBERTY 0 173,978 64,000 217 98,481 26,937

LIBERTY SPECIALTY 0 17,620 0 0 12,212 10,456

LIBERTY SPECIALTY SINGAPORE 0 55,917 0 0 8,180 26,955

LLOYD'S ASIA SCHEME 0 20,040 0 0 176,333 88,952

LONPAC 12,190 7,334 9,000 0 45,904 4,387

MSIG 118,995 307,605 0 0 83,490 49,272

NORTH OF ENGLAND P&I 1 0 39,324 0 0 241 20,412

NTUC INCOME 360,005 960,738 0 0 39,573 29,176

QBE INS 0 148,359 0 0 9,373 46,254

REARDON 2 0 1,084 0 0 408 0

SHIPOWNERS' MUTUAL P&I 0 0 3,411 0 20,113 8,871

SKULD 1 0 0 0 0 9,568 1,541

SOMPO INS 0 149,208 0 0 22,167 28,237

STANDARD CLUB 1 0 2,146 0 0 3,832 4,940

STARR INTERNATIONAL 0 7,547 0 0 422 1,010

DIRECT INSURERS

TABLE G3 GENERAL INSURANCE: ASSETS AND LIABILITIES OF SINGAPORE INSURANCE FUNDS

FOR THE YEAR ENDED 31ST DECEMBER 2018 (PART II)

($'000)

ASSETS

Page 78: INSURANCE STATISTICS 2018 - mas.gov.sg

SWISS RE INTERNATIONAL 0 41,003 0 0 6,940 24,557

THE WEST OF ENGLAND 1 0 0 0 0 3,641 888

TOKIO MARINE INS 51,910 237,623 67,250 0 44,882 22,783

TT CLUB 0 0 0 0 162 4,564

UK CLUB (EUROPE) 1 0 0 0 0 2,684 1,800

UOI 72,874 122,187 0 0 33,778 9,204

XL INS 0 46,338 0 0 55,897 43,315

ZURICH 2,772 27,778 0 0 430 13,117

EQUITY

SECURITIES

DEBT

SECURITIES

LAND AND

BUILDINGSLOANS

CASH AND

DEPOSITSOTHERS

ALLIANZ SE 0 10,643 0 0 2,942 1,820

ASIA CAPITAL RE 841 125,504 0 0 7,218 19,874

ASPEN INSURANCE 0 0 0 0 26,038 4,885

CHINA REINSURANCE 0 0 0 0 29,653 8,455

DAVINCI RE 0 0 0 0 465 31

ENDURANCE SPECIALTY 0 0 0 0 6,998 518

EVEREST RE 0 39,795 0 0 3,163 1,380

GENERAL RE 0 29,594 0 0 4,191 1,354

IAG RE 0 0 0 0 0 0

KOREAN RE 0 21,136 0 0 16,662 6,753

MAPFRE RE 0 3,377 0 0 3,686 439

MILLI RE 0 0 0 0 271 1

MUNICH RE 0 111,723 0 0 4,347 29,339

ODYSSEY RE 0 10,911 0 0 10,939 520

PARTNER RE ASIA 0 32,551 0 0 2,343 6,786

QATAR RE 2 0 0 0 0 5,251 212

RENAISSANCE RE 0 0 0 0 938 950

SAMSUNG RE 0 0 0 0 6,097 662

SCOR RE AP 0 33,419 0 0 3,412 9,585

SINGAPORE RE 29,643 117,937 0 0 27,414 17,692

SIRIUS INTERNATIONAL 0 10,787 0 69 3,276 2,784

SWISS RE ASIA 0 107,038 0 0 2,871 13,256

TOA RE 0 33,450 0 0 730 2,679

TRANSATLANTIC REINSURANCE 0 0 0 0 7,475 218

VALIDUS RE 0 0 0 0 0 0

XL BERMUDA 0 28,085 0 0 7,899 1,610

Notes:

1 Figures are in respect of Marine Mutual Insurers' financial years ended 20 Feb 2018 or 31 Mar 2018.

2 On run-off.

REINSURERS

($'000)

ASSETS

Page 79: INSURANCE STATISTICS 2018 - mas.gov.sg

($'000)

CARGO HULL & LIABILITY FIRE MOTORWORK INJURY

COMPENSATION

PERSONAL

ACCIDENTHEALTH MISCELLANEOUS

ACYC 0. 0. 0. 0. 0. 0. 0. 22,679.

AETNA 2 0. 0. 0. 0. 0. 0. 0. 0.

AETNA S'PORE BRANCH 0. 0. 0. 0. 0. 0. 64,009. 0.

AIA SPORE 0. 0. 7,473. 0. 2,858. 4,942. 0. 1,606.

AIG ASIA 5,943. 4,259. 34,076. 203,944. 36,093. 51,536. 38,138. 69,399.

ALLIANZ GLOBAL C&S 78. 4,803. 25,379. 12. 1,340. 1,167. 3,173. 25,844.

ALLIED WORLD 3,179. 37. 10,698. 3,613. 20,248. 5,188. 4,986. 14,745.

AUTO & GENERAL 0. 0. 0. 4,851. 0. 114. 0. 0.

AVIVA 0. 0. 307. 18,593. 45. 238. 0. 4,890.

AXA CORPORATE 3,976. 4,426. 3,644. 0. 0. 0. 0. 2,380.

AXA INSURANCE 12,712. 1,116. 21,036. 170,791. 29,202. 26,346. 73,003. 25,200.

AXIS SPECIALTY 46. 0. 1,201. 2,818. 0. 296. 340. 3,123.

BERKLEY INSURANCE 219. 477. 941. 540. 159. 1,216. 0. 4,069.

BERKSHIRE 1,170. 10,259. 52,113. 44. 8,341. 8,426. 56. 14,076.

CHINA TAIPING 953. 603. 6,613. 32,219. 11,894. 780. 5,498. 19,370.

CHUBB INS 1,846. 1,911. 41,084. 138. 12,551. 66,451. 27,290. 61,462.

CIGNA EUROPE 0. 0. 0. 0. 0. 0. 133,571. 0.

COFACE 0. 0. 0. 0. 0. 0. 0. 16,636.

DIRECT ASIA 0. 0. 0. 22,784. 0. 3,467. 0. 0.

ECICS LTD 1. 0. 136. 2,518. 517. 320. 1,507. 2,234.

EQ INS 477. 91. 1,835. 23,192. 9,666. 2,174. 7,924. 8,764.

ERGO 1,149. 62. 2,295. 16,753. 4,123. 645. 779. 11,772.

ETIQA PL 540. 114. 13,637. 9,273. 13,541. 2,728. 733. 16,661.

EULER HERMES 0. 0. 0. 0. 0. 0. 0. 14,068.

FACTORY MUTUAL 0. 0. 41,706. 0. 0. 0. 0. 0.

FIRST CAPITAL 4,123. 25,095. 35,910. 52,945. 27,393. 766. 31,678. 29,897.

FWD SINGAPORE 0. 0. 281. 16,917. 0. 9,026. -73. 1,567.

GARD (BERMUDA) 1 0. 23,065. 0. 0. 0. 0. 0. 0.

GARD MARINE 0. 4,531. 0. 0. 0. 0. 0. 0.

GEG 1,917. 804. 23,135. 12,573. 17,948. 14,048. 5,482. 44,632.

GREAT AMERICAN 2,038. 14,499. 1,486. 2,736. 2,985. 459. 1,552. 5,743.

HDI GLOBAL 1,831. 6,509. 8,854. 0. 0. 0. 0. 5,827.

TABLE G4 GENERAL INSURANCE: PREMIUMS OF SINGAPORE INSURANCE FUNDS FOR THE YEAR ENDED 31ST DECEMBER 2018 (PART I)

GROSS PREMIUMS

DIRECT INSURERS

Page 80: INSURANCE STATISTICS 2018 - mas.gov.sg

HELVETIA SWISS 0. 0. 0. 0. 0. 0. 0. 278.

HL ASSURANCE 0. 0. 919. 3,154. 4,061. 5,097. 760. 3,054.

INDIA INTERNATIONAL 230. 4,507. 5,444. 32,836. 9,964. 104. 297. 11,466.

JAPAN SHIP OWNERS' 1 0. 10,369. 0. 0. 0. 0. 0. 0.

LIBERTY 2,393. 142. 8,135. 57,695. 19,139. 7,333. 26,766. 34,637.

LIBERTY SPECIALTY 223. 20. 0. 0. 0. 0. 0. 8,538.

LIBERTY SPECIALTY SINGAPORE 846. 2,178. 3,169. 0. 4,424. 0. 0. 29,363.

LLOYD'S ASIA SCHEME 8,431. 28,891. 16,312. 1,987. 0. 765. 0. 50,558.

LONPAC 466. 0. 878. 7,931. 3,614. 692. 508. 11,583.

MSIG 14,954. 10,918. 39,953. 79,737. 33,234. 49,410. 28,596. 32,393.

NORTH OF ENGLAND P&I 1 0. 20,283. 0. 0. 0. 0. 0. 0.

NTUC INCOME 965. 549. 16,916. 239,488. 13,695. 44,869. 936. 21,719.

QBE INS 6,090. 28,374. 9,348. 7,961. 22,154. 5,673. 17,070. 39,564.

REARDON 2 0. 0. 0. 0. 0. 0. 0. 0.

SHIPOWNERS' MUTUAL P&I 0. 33,094. 0. 0. 0. 0. 0. 0.

SKULD 1 0. 13,311. 0. 0. 0. 0. 0. 0.

SOMPO INS 7,016. 2,360. 13,808. 34,694. 12,277. 21,613. 20,763. 18,907.

STANDARD CLUB 1 0. 17,297. 0. 0. 0. 0. 0. 0.

STARR INTERNATIONAL 546. 0. 272. 0. 0. 99. 0. 526.

SWISS RE INTERNATIONAL 0. 1,152. 9,228. 0. 0. 0. 0. 11,739.

THE WEST OF ENGLAND 1 0. 4,981. 0. 0. 0. 0. 0. 0.

TOKIO MARINE INS 7,015. 4,879. 15,878. 42,714. 21,044. 12,166. 13,253. 32,086.

TT CLUB 0. 4,313. 0. 0. 0. 0. 0. 0.

UK CLUB (EUROPE) 1 0. 9,756. 0. 0. 0. 0. 0. 0.

UOI 2,039. 772. 27,099. 4,137. 4,841. 13,761. 6,613. 19,327.

XL INS 1,628. 8,771. 11,834. 0. 14. 0. 0. 34,339.

ZURICH 2,085. 2. 15,601. 81. 1,499. 3,968. 0. 20,393.

($'000)

CARGO HULL & LIABILITY FIRE MOTORWORK INJURY

COMPENSATION

PERSONAL

ACCIDENTHEALTH MISCELLANEOUS

ALLIANZ SE 35. 7. 745. 126. 0. 74. 0. 544.

ASIA CAPITAL RE 1,064. 4,399. 2,477. 238. 447. 24. 0. 5,463.

ASPEN INSURANCE 0. 2. 1,070. 163. -7. 0. 0. 8,441.

CHINA REINSURANCE 560. 601. 9,164. 2,456. 802. 1,326. 0. 3,722.

DAVINCI RE 0. 0. 0. 0. 0. 0. 0. 0.

ENDURANCE SPECIALTY 185. 307. 124. -1. 0. 0. 0. 478.

EVEREST RE 293. 402. 2,062. 107. 492. 60. 0. 1,559.

GENERAL RE 0. 9. 2,445. 0. 171. 6. 0. 712.

GROSS PREMIUMS

REINSURERS

Page 81: INSURANCE STATISTICS 2018 - mas.gov.sg

IAG RE 0. 0. 0. 0. 0. 0. 0. 0.

KOREAN RE 356. 1,230. 7,635. 1,765. 291. 131. 0. 2,410.

MAPFRE RE 11. 10. 661. 121. 0. 30. 0. 51.

MILLI RE 0. 0. 0. 0. 0. 0. 0. 0.

MUNICH RE 4,277. 377. 3,147. 5,714. 116. 34. 0. 7,940.

ODYSSEY RE 0. 224. 3,369. 748. 0. 0. 0. 316.

PARTNER RE ASIA 824. -622. 500. 4,348. 0. 840. 0. 8,190.

QATAR RE 2 10. 0. -30. 431. 0. 0. 0. 591.

RENAISSANCE RE 0. 270. 1,294. 0. 0. 0. 0. 177.

SAMSUNG RE 8. 0. 264. 0. 0. 0. 0. 60.

SCOR RE AP 533. 66. 7,135. 2,389. 0. 0. 0. 4,031.

SINGAPORE RE 670. 3,612. 11,086. 8,491. 2,931. 1,912. 549. 11,629.

SIRIUS INTERNATIONAL 131. 61. 2,510. 0. 0. 0. 0. 553.

SWISS RE ASIA 1,604. 1,581. 4,206. 5,516. 227. 3,202. 0. 7,789.

TOA RE 335. 77. 3,217. 501. 372. 52. 0. 2,236.

TRANSATLANTIC REINSURANCE 200. 61. 601. 0. 0. 46. 0. 186.

VALIDUS RE 0. 0. 0. 0. 0. 0. 0. 0.

XL BERMUDA 75. 36. 1,276. 331. 0. 267. 0. 369.

Notes:

1 Figures are in respect of Marine Mutual Insurers' financial years ended 20 Feb 2018 or 31 Mar 2018.

2 On run-off.

Page 82: INSURANCE STATISTICS 2018 - mas.gov.sg

($'000)

CARGO HULL & LIABILITY FIRE MOTORWORK INJURY

COMPENSATION

PERSONAL

ACCIDENTHEALTH MISCELLANEOUS

ACYC 0. 0. 0. 0. 0. 0. 0. 0.

AETNA 2 0. 0. 0. 0. 0. 0. 0. 0.

AETNA S'PORE BRANCH 0. 0. 0. 0. 0. 0. 0. 0.

AIA SPORE 0. 0. 0. 0. 0. 0. 0. 0.

AIG ASIA 997. 327. 471. 0. 103. 162. 121. 1,059.

ALLIANZ GLOBAL C&S 35. 285. 12,714. 12. 38. 1,165. 3,173. 4,902.

ALLIED WORLD 72. -1. 144. 0. 108. 0. 9. 2,800.

AUTO & GENERAL 0. 0. 0. 133. 0. 3. 0. 0.

AVIVA 0. 0. 29. 457. 0. 4. 0. 110.

AXA CORPORATE 474. 49. 134. 0. 0. 0. 0. 587.

AXA INSURANCE 3,841. 129. 1,103. 733. 369. -9. 1. 4,679.

AXIS SPECIALTY 0. 0. 0. 0. 0. 0. 0. 0.

BERKLEY INSURANCE 0. 0. 0. 0. 0. 0. 0. 0.

BERKSHIRE 0. 0. 0. 0. 0. 0. 0. 0.

CHINA TAIPING 89. 26. 2,345. 444. 627. 35. 285. 4,796.

CHUBB INS 0. 1. 1,323. 0. 11. 0. 0. -682.

CIGNA EUROPE 0. 0. 0. 0. 0. 0. 0. 0.

COFACE 0. 0. 0. 0. 0. 0. 0. 0.

DIRECT ASIA 0. 0. 0. 5,390. 0. 750. 0. 0.

ECICS LTD 0. 0. 53. 106. 23. 8. 0. 218.

EQ INS 102. 49. 548. 606. 351. 51. 46. 1,348.

ERGO 852. 44. 1,543. 8,781. 1,799. 174. 331. 4,626.

ETIQA PL 79. 80. 464. 490. 1,171. 24. 0. 7,219.

EULER HERMES 0. 0. 0. 0. 0. 0. 0. 0.

FACTORY MUTUAL 0. 0. 0. 0. 0. 0. 0. 0.

FIRST CAPITAL 1,524. 9,271. 17,616. 4,392. 2,734. 129. 60. 9,329.

FWD SINGAPORE 0. 0. 1. 90. 0. 70. 0. 5.

GARD (BERMUDA) 1 0. 0. 0. 0. 0. 0. 0. 0.

GARD MARINE 0. 0. 0. 0. 0. 0. 0. 0.

GEG 637. 357. 9,275. 531. 4,845. 1,298. 963. 21,898.

GREAT AMERICAN 234. 4,466. 927. 399. 345. 45. 118. 1,382.

HDI GLOBAL 8. 0. 0. 0. 0. 0. 0. 0.

HELVETIA SWISS 0. 0. 0. 0. 0. 0. 0. 0.

TABLE G4 GENERAL INSURANCE: PREMIUMS OF SINGAPORE INSURANCE FUNDS FOR THE YEAR ENDED 31ST DECEMBER 2018 (PART II)

REINSURANCE CEDED IN SINGAPORE

DIRECT INSURERS

Page 83: INSURANCE STATISTICS 2018 - mas.gov.sg

HL ASSURANCE 0. 0. 149. 1,658. 1,560. 612. 0. 177.

INDIA INTERNATIONAL 34. 668. 3,696. 2,329. 1,321. 34. 50. 5,064.

JAPAN SHIP OWNERS' 1 0. 0. 0. 0. 0. 0. 0. 0.

LIBERTY 125. 0. 29. 0. 0. 0. 6. 1,213.

LIBERTY SPECIALTY 0. 0. 0. 0. 0. 0. 0. 0.

LIBERTY SPECIALTY SINGAPORE 0. 0. 0. 0. 0. 0. 0. 2,885.

LLOYD'S ASIA SCHEME 243. 2,137. 176. 0. 0. 0. 0. 1,906.

LONPAC 62. 0. 117. 185. 89. 26. 1. 4,434.

MSIG 719. 115. 16,904. 2,259. 1,719. 3,008. 219. 6,099.

NORTH OF ENGLAND P&I 1 0. 0. 0. 0. 0. 0. 0. 0.

NTUC INCOME 457. 251. 5,784. 2,289. 733. 288. 0. 4,615.

QBE INS 484. 310. 111. 0. 0. 0. 700. 1,056.

REARDON 2 0. 0. 0. 0. 0. 0. 0. 0.

SHIPOWNERS' MUTUAL P&I 0. 0. 0. 0. 0. 0. 0. 0.

SKULD 1 0. 0. 0. 0. 0. 0. 0. 0.

SOMPO INS 789. 216. 1,837. 1,656. 1,091. 4,206. 13,654. 4,580.

STANDARD CLUB 1 0. 0. 0. 0. 0. 0. 0. 0.

STARR INTERNATIONAL 0. 0. 0. 0. 0. 0. 0. 0.

SWISS RE INTERNATIONAL 0. 0. 0. 0. 0. 0. 0. 0.

THE WEST OF ENGLAND 1 0. 0. 0. 0. 0. 0. 0. 0.

TOKIO MARINE INS 479. 1,011. 6,275. 972. 1,420. 454. 1,808. 12,324.

TT CLUB 0. 0. 0. 0. 0. 0. 0. 0.

UK CLUB (EUROPE) 1 0. 0. 0. 0. 0. 0. 0. 0.

UOI 840. 209. 11,418. 1,712. 1,565. 7,578. 2,417. 14,144.

XL INS 0. 0. 0. 0. 0. 0. 0. 0.

ZURICH 0. 0. 0. 0. 0. 0. 0. 0.

($'000)

CARGO HULL & LIABILITY FIRE MOTORWORK INJURY

COMPENSATION

PERSONAL

ACCIDENTHEALTH MISCELLANEOUS

ALLIANZ SE 0. 0. 0. 0. 0. 0. 0. 0.

ASIA CAPITAL RE -47. 1,027. 226. 36. 5. -4. 0. 1,439.

ASPEN INSURANCE 0. 0. 0. 0. 0. 0. 0. 0.

CHINA REINSURANCE 0. 0. 0. 0. 0. 0. 0. 0.

DAVINCI RE 0. 0. 0. 0. 0. 0. 0. 0.

ENDURANCE SPECIALTY 0. 0. 0. 0. 0. 0. 0. 0.

REINSURANCE CEDED IN SINGAPORE

REINSURERS

Page 84: INSURANCE STATISTICS 2018 - mas.gov.sg

EVEREST RE 0. 0. 0. 0. 0. 0. 0. 0.

GENERAL RE 0. 0. 0. 0. 0. 0. 0. 0.

IAG RE 0. 0. 0. 0. 0. 0. 0. 0.

KOREAN RE 0. 0. 0. 0. 0. 0. 0. 0.

MAPFRE RE 0. 0. 0. 0. 0. 0. 0. 0.

MILLI RE 0. 0. 0. 0. 0. 0. 0. 0.

MUNICH RE 0. 0. 0. 0. 0. 0. 0. 0.

ODYSSEY RE 0. 0. 0. 0. 0. 0. 0. 0.

PARTNER RE ASIA 0. 0. 0. 0. 0. 0. 0. 0.

QATAR RE 2 0. 0. 0. 0. 0. 0. 0. 0.

RENAISSANCE RE 0. 0. 0. 0. 0. 0. 0. 0.

SAMSUNG RE 0. 0. 5. 0. 0. 0. 0. 14.

SCOR RE AP 0. 0. 0. 0. 0. 0. 0. 0.

SINGAPORE RE 78. 825. 2,765. 2,123. 585. 434. 54. 3,135.

SIRIUS INTERNATIONAL 0. 0. 0. 0. 0. 0. 0. 0.

SWISS RE ASIA 0. 0. 0. 0. 0. 0. 0. 0.

TOA RE 0. 0. 11. 4. 1. 0. 0. 5.

TRANSATLANTIC REINSURANCE 0. 0. 0. 0. 0. 0. 0. 0.

VALIDUS RE 0. 0. 0. 0. 0. 0. 0. 0.

XL BERMUDA 0. 0. 0. 0. 0. 0. 0. 0.

Notes:

1 Figures are in respect of Marine Mutual Insurers' financial years ended 20 Feb 2018 or 31 Mar 2018.

2 On run-off.

Page 85: INSURANCE STATISTICS 2018 - mas.gov.sg

($'000)

CARGO HULL & LIABILITY FIRE MOTORWORK INJURY

COMPENSATION

PERSONAL

ACCIDENTHEALTH MISCELLANEOUS

ACYC 0. 0. 0. 0. 0. 0. 0. 16,328.

AETNA 2 0. 0. 0. 0. 0. 0. 0. 0.

AETNA S'PORE BRANCH 0. 0. 0. 0. 0. 0. 236. 0.

AIA SPORE 0. 0. 122. 0. 37. 93. 0. 26.

AIG ASIA 3,590. 3,654. 25,373. 134,105. 23,825. 33,768. 25,191. 47,609.

ALLIANZ GLOBAL C&S 24. 113. 2,610. 0. 0. 0. 0. 2,546.

ALLIED WORLD 2,679. 40. 9,201. 3,081. 17,132. 4,363. 4,230. 10,315.

AUTO & GENERAL 0. 0. 0. 72. 0. 2. 0. 0.

AVIVA 0. 0. 3. 220. 2. 2. 0. 211.

AXA CORPORATE 488. 607. 2,013. 0. 0. 0. 0. 1,385.

AXA INSURANCE 1,229. 327. 7,651. 6,442. 1,279. 2,484. 12,238. 4,797.

AXIS SPECIALTY 39. 0. 929. 2,126. 0. 228. 261. 2,725.

BERKLEY INSURANCE 106. 274. 79. 20. 12. 269. 0. 449.

BERKSHIRE 940. 8,232. 41,836. 34. 6,704. 6,764. 45. 11,286.

CHINA TAIPING 114. 24. 2,325. 173. 650. 28. 0. 2,494.

CHUBB INS 586. 542. 12,589. 137. 7,018. 43,173. 18,326. 30,300.

CIGNA EUROPE 0. 0. 0. 0. 0. 0. 67,556. 0.

COFACE 0. 0. 0. 0. 0. 0. 0. 6,054.

DIRECT ASIA 0. 0. 0. 3,080. 0. 426. 0. 0.

ECICS LTD 0. 0. 54. 299. 64. 19. 0. 736.

EQ INS 56. 0. 256. 260. 111. 105. 86. 773.

ERGO 3. 0. 128. 122. 32. 261. 33. 508.

ETIQA PL 83. 7. 11,729. 76. 88. 82. 0. 2,321.

EULER HERMES 0. 0. 0. 0. 0. 0. 0. 11,470.

FACTORY MUTUAL 0. 0. 22,504. 0. 0. 0. 0. 0.

FIRST CAPITAL 1,515. 9,525. 12,060. 2,239. 931. 101. 148. 8,264.

FWD SINGAPORE 0. 0. 198. 12,001. 0. 6,466. 0. 1,105.

GARD (BERMUDA) 1 0. 15,206. 0. 0. 0. 0. 0. 0.

GARD MARINE 0. 2,338. 0. 0. 0. 0. 0. 0.

GEG 417. 280. 4,402. 244. 2,428. 418. 0. 8,075.

GREAT AMERICAN 284. 696. 177. 85. 77. 12. 31. 223.

HDI GLOBAL 1,474. 6,509. 7,531. 0. 0. 0. 0. 5,648.

TABLE G4 GENERAL INSURANCE: PREMIUMS OF SINGAPORE INSURANCE FUNDS FOR THE YEAR ENDED 31ST DECEMBER 2018 (PART III)

REINSURANCE CEDED OUTSIDE SINGAPORE

DIRECT INSURERS

Page 86: INSURANCE STATISTICS 2018 - mas.gov.sg

HELVETIA SWISS 0. 0. 0. 0. 0. 0. 0. 0.

HL ASSURANCE 0. 0. 351. 29. 55. 1,574. 0. 325.

INDIA INTERNATIONAL 40. 1,085. 1,203. 1,205. 317. 12. 18. 1,591.

JAPAN SHIP OWNERS' 1 0. 2,265. 0. 0. 0. 0. 0. 0.

LIBERTY 257. 38. 3,048. 810. 266. 1,103. 1,421. 3,285.

LIBERTY SPECIALTY 25. 0. 0. 0. 0. 0. 0. 3,783.

LIBERTY SPECIALTY SINGAPORE 65. 359. 2,568. 0. 397. 0. 0. 13,686.

LLOYD'S ASIA SCHEME 424. 2,929. 4,296. 15. 0. 18. 0. 9,541.

LONPAC 190. 0. 460. 156. 60. 75. 0. 4,909.

MSIG 1,945. 10,699. 11,415. 3,542. 665. 61. 404. 8,825.

NORTH OF ENGLAND P&I 1 0. 15,221. 0. 0. 0. 0. 0. 0.

NTUC INCOME 141. 88. 2,709. 1,444. 88. 735. 0. 1,419.

QBE INS 1,776. 15,492. 7,835. 4,097. 11,399. 2,955. 8,235. 24,528.

REARDON 2 0. 0. 0. 0. 0. 0. 0. 0.

SHIPOWNERS' MUTUAL P&I 0. 21,442. 0. 0. 0. 0. 0. 0.

SKULD 1 0. 10,239. 0. 0. 0. 0. 0. 0.

SOMPO INS 1,306. 1,989. 5,878. 0. 54. 944. 1. 2,997.

STANDARD CLUB 1 0. 13,676. 0. 0. 0. 0. 0. 0.

STARR INTERNATIONAL 546. 0. 269. 0. 0. 1. 0. 481.

SWISS RE INTERNATIONAL 0. 944. 8,047. 0. 0. 0. 0. 12,459.

THE WEST OF ENGLAND 1 0. 3,511. 0. 0. 0. 0. 0. 0.

TOKIO MARINE INS 2,326. 3,674. 6,435. 322. 289. 6,612. 136. 7,663.

TT CLUB 0. 3,584. 0. 0. 0. 0. 0. 0.

UK CLUB (EUROPE) 1 0. 7,549. 0. 0. 0. 0. 0. 0.

UOI 699. 4. 3,204. 44. 111. 2,344. 1,559. 1,788.

XL INS 1,109. 6,121. 8,951. 0. 9. 0. 0. 27,077.

ZURICH 2,074. 2. 14,804. 81. 1,501. 2,359. 0. 18,750.

($'000)

CARGO HULL & LIABILITY FIRE MOTORWORK INJURY

COMPENSATION

PERSONAL

ACCIDENTHEALTH MISCELLANEOUS

ALLIANZ SE 5. 1. 62. 4. 0. 3. 0. 19.

ASIA CAPITAL RE 1. 34. 0. 0. 0. 0. 0. 82.

ASPEN INSURANCE 0. 2. 898. 72. 3. 0. 0. 5,203.

CHINA REINSURANCE 0. 0. 630. 0. 0. 0. 0. 0.

DAVINCI RE 0. 0. 0. 0. 0. 0. 0. 0.

ENDURANCE SPECIALTY 59. 114. 2. 0. 0. 0. 0. 93.

EVEREST RE 0. 0. 0. 0. 0. 0. 0. 0.

REINSURANCE CEDED OUTSIDE SINGAPORE

REINSURERS

Page 87: INSURANCE STATISTICS 2018 - mas.gov.sg

GENERAL RE 0. 3. 435. 0. 87. 2. 0. 129.

IAG RE 0. 0. 0. 0. 0. 0. 0. 0.

KOREAN RE 0. 0. 206. 0. 0. 0. 0. 0.

MAPFRE RE 0. 0. 22. 0. 0. 0. 0. 0.

MILLI RE 0. 0. 0. 0. 0. 0. 0. 0.

MUNICH RE 1. 0. 18. 4. 0. 2. 0. 11.

ODYSSEY RE 0. 0. 0. 0. 0. 0. 0. 0.

PARTNER RE ASIA 163. -75. 270. 2,174. 0. 420. 0. 4,095.

QATAR RE 2 0. 0. -94. 215. 0. 0. 0. 212.

RENAISSANCE RE 0. 195. 925. 0. 0. 0. 0. 88.

SAMSUNG RE 1. 0. 111. 0. 0. 0. 0. 94.

SCOR RE AP -68. -6. 231. -55. 0. 0. 0. 669.

SINGAPORE RE 187. 1,151. 3,204. 1,190. 267. 215. 16. 2,729.

SIRIUS INTERNATIONAL 72. 34. 1,365. 0. 0. 0. 0. 142.

SWISS RE ASIA 466. 215. 989. 3,133. 186. 1,775. 0. 3,769.

TOA RE 14. 6. 24. 9. 2. 0. 0. 9.

TRANSATLANTIC REINSURANCE 0. 0. 0. 0. 0. 0. 0. 0.

VALIDUS RE 0. 0. 0. 0. 0. 0. 0. 0.

XL BERMUDA 26. -1. 295. 16. 0. 13. 0. 27.

Notes:

1 Figures are in respect of Marine Mutual Insurers' financial years ended 20 Feb 2018 or 31 Mar 2018.

2 On run-off.

Page 88: INSURANCE STATISTICS 2018 - mas.gov.sg

($'000)

CARGO HULL & LIABILITY FIRE MOTORWORK INJURY

COMPENSATION

PERSONAL

ACCIDENTHEALTH MISCELLANEOUS

ACYC 0. 0. 0. 0. 0. 0. 0. 6,351.

AETNA 2 0. 0. 0. 0. 0. 0. 0. 0.

AETNA S'PORE BRANCH 0. 0. 0. 0. 0. 0. 63,773. 0.

AIA SPORE 0. 0. 7,352. 0. 2,821. 4,849. 0. 1,580.

AIG ASIA 1,356. 278. 8,232. 69,838. 12,165. 17,606. 12,826. 20,732.

ALLIANZ GLOBAL C&S 18. 4,405. 10,054. 0. 1,302. 2. 0. 18,395.

ALLIED WORLD 428. -3. 1,353. 532. 3,008. 825. 746. 1,629.

AUTO & GENERAL 0. 0. 0. 4,647. 0. 110. 0. 0.

AVIVA 0. 0. 275. 17,916. 43. 233. 0. 4,569.

AXA CORPORATE 3,015. 3,770. 1,496. 0. 0. 0. 0. 407.

AXA INSURANCE 7,642. 660. 12,282. 163,616. 27,553. 23,871. 60,764. 15,723.

AXIS SPECIALTY 8. 0. 272. 692. 0. 68. 79. 398.

BERKLEY INSURANCE 113. 202. 862. 520. 147. 948. 0. 3,620.

BERKSHIRE 230. 2,027. 10,277. 9. 1,637. 1,662. 11. 2,790.

CHINA TAIPING 750. 553. 1,943. 31,602. 10,618. 716. 5,213. 12,081.

CHUBB INS 1,260. 1,368. 27,172. 1. 5,522. 23,278. 8,964. 31,844.

CIGNA EUROPE 0. 0. 0. 0. 0. 0. 66,014. 0.

COFACE 0. 0. 0. 0. 0. 0. 0. 10,581.

DIRECT ASIA 0. 0. 0. 14,314. 0. 2,291. 0. 0.

ECICS LTD 1. 0. 29. 2,113. 431. 293. 1,507. 1,280.

EQ INS 319. 42. 1,030. 22,327. 9,205. 2,018. 7,792. 6,643.

ERGO 294. 18. 624. 7,850. 2,293. 210. 414. 6,638.

ETIQA PL 378. 27. 1,444. 8,707. 12,282. 2,622. 733. 7,121.

EULER HERMES 0. 0. 0. 0. 0. 0. 0. 2,597.

FACTORY MUTUAL 0. 0. 19,202. 0. 0. 0. 0. 0.

FIRST CAPITAL 1,084. 6,299. 6,235. 46,315. 23,729. 537. 31,470. 12,304.

FWD SINGAPORE 0. 0. 83. 4,825. 0. 2,489. -73. 457.

GARD (BERMUDA) 1 0. 7,859. 0. 0. 0. 0. 0. 0.

GARD MARINE 0. 2,193. 0. 0. 0. 0. 0. 0.

GEG 863. 167. 9,458. 11,798. 10,675. 12,332. 4,519. 14,659.

GREAT AMERICAN 1,520. 9,338. 381. 2,251. 2,562. 402. 1,403. 4,139.

HDI GLOBAL 349. 0. 1,323. 0. 0. 0. 0. 179.

TABLE G4 GENERAL INSURANCE: PREMIUMS OF SINGAPORE INSURANCE FUNDS FOR THE YEAR ENDED 31ST DECEMBER 2018 (PART IV)

NET PREMIUMS

DIRECT INSURERS

Page 89: INSURANCE STATISTICS 2018 - mas.gov.sg

HELVETIA SWISS 0. 0. 0. 0. 0. 0. 0. 278.

HL ASSURANCE 0. 0. 419. 1,467. 2,446. 2,910. 760. 2,553.

INDIA INTERNATIONAL 156. 2,754. 544. 29,303. 8,325. 58. 229. 4,810.

JAPAN SHIP OWNERS' 1 0. 8,104. 0. 0. 0. 0. 0. 0.

LIBERTY 2,011. 104. 5,057. 56,885. 18,873. 6,230. 25,339. 30,140.

LIBERTY SPECIALTY 199. 20. 0. 0. 0. 0. 0. 4,755.

LIBERTY SPECIALTY SINGAPORE 781. 1,819. 601. 0. 4,027. 0. 0. 12,793.

LLOYD'S ASIA SCHEME 7,763. 23,825. 11,840. 1,971. 0. 747. 0. 39,111.

LONPAC 214. 0. 301. 7,590. 3,465. 591. 507. 2,239.

MSIG 12,289. 105. 11,633. 73,936. 30,850. 46,341. 27,974. 17,469.

NORTH OF ENGLAND P&I 1 0. 5,062. 0. 0. 0. 0. 0. 0.

NTUC INCOME 368. 211. 8,424. 235,755. 12,874. 43,846. 936. 15,685.

QBE INS 3,831. 12,572. 1,402. 3,863. 10,755. 2,719. 8,134. 13,981.

REARDON 2 0. 0. 0. 0. 0. 0. 0. 0.

SHIPOWNERS' MUTUAL P&I 0. 11,652. 0. 0. 0. 0. 0. 0.

SKULD 1 0. 3,072. 0. 0. 0. 0. 0. 0.

SOMPO INS 4,921. 155. 6,093. 33,037. 11,131. 16,463. 7,108. 11,330.

STANDARD CLUB 1 0. 3,621. 0. 0. 0. 0. 0. 0.

STARR INTERNATIONAL 1. 0. 3. 0. 0. 98. 0. 45.

SWISS RE INTERNATIONAL 0. 208. 1,181. 0. 0. 0. 0. -720.

THE WEST OF ENGLAND 1 0. 1,470. 0. 0. 0. 0. 0. 0.

TOKIO MARINE INS 4,209. 193. 3,168. 41,420. 19,336. 5,100. 11,310. 12,099.

TT CLUB 0. 730. 0. 0. 0. 0. 0. 0.

UK CLUB (EUROPE) 1 0. 2,207. 0. 0. 0. 0. 0. 0.

UOI 501. 559. 12,478. 2,381. 3,165. 3,840. 2,637. 3,394.

XL INS 519. 2,650. 2,882. 0. 6. 0. 0. 7,261.

ZURICH 11. 0. 797. 0. -2. 1,610. 0. 1,642.

($'000)

CARGO HULL & LIABILITY FIRE MOTORWORK INJURY

COMPENSATION

PERSONAL

ACCIDENTHEALTH MISCELLANEOUS

ALLIANZ SE 30. 6. 682. 121. 0. 71. 0. 525.

ASIA CAPITAL RE 1,110. 3,339. 2,251. 202. 442. 28. 0. 3,942.

ASPEN INSURANCE 0. 0. 173. 91. -10. 0. 0. 3,238.

CHINA REINSURANCE 560. 601. 8,534. 2,456. 802. 1,326. 0. 3,722.

DAVINCI RE 0. 0. 0. 0. 0. 0. 0. 0.

ENDURANCE SPECIALTY 126. 193. 121. -1. 0. 0. 0. 385.

EVEREST RE 293. 402. 2,062. 107. 492. 60. 0. 1,559.

NET PREMIUMS

REINSURERS

Page 90: INSURANCE STATISTICS 2018 - mas.gov.sg

GENERAL RE 0. 6. 2,010. 0. 84. 4. 0. 584.

IAG RE 0. 0. 0. 0. 0. 0. 0. 0.

KOREAN RE 356. 1,230. 7,429. 1,765. 291. 131. 0. 2,409.

MAPFRE RE 11. 10. 639. 121. 0. 30. 0. 51.

MILLI RE 0. 0. 0. 0. 0. 0. 0. 0.

MUNICH RE 4,276. 377. 3,130. 5,710. 116. 32. 0. 7,929.

ODYSSEY RE 0. 224. 3,369. 748. 0. 0. 0. 316.

PARTNER RE ASIA 661. -546. 230. 2,174. 0. 420. 0. 4,095.

QATAR RE 2 10. 0. 64. 215. 0. 0. 0. 379.

RENAISSANCE RE 0. 74. 369. 0. 0. 0. 0. 88.

SAMSUNG RE 7. 0. 148. 0. 0. 0. 0. -49.

SCOR RE AP 601. 72. 6,904. 2,444. 0. 0. 0. 3,362.

SINGAPORE RE 405. 1,636. 5,117. 5,177. 2,079. 1,264. 480. 5,765.

SIRIUS INTERNATIONAL 59. 28. 1,145. 0. 0. 0. 0. 411.

SWISS RE ASIA 1,138. 1,366. 3,217. 2,383. 41. 1,427. 0. 4,021.

TOA RE 320. 71. 3,182. 487. 369. 52. 0. 2,222.

TRANSATLANTIC REINSURANCE 200. 61. 601. 0. 0. 46. 0. 186.

VALIDUS RE 0. 0. 0. 0. 0. 0. 0. 0.

XL BERMUDA 48. 38. 981. 315. 0. 254. 0. 342.

Notes:

1 Figures are in respect of Marine Mutual Insurers' financial years ended 20 Feb 2018 or 31 Mar 2018.

2 On run-off.

Page 91: INSURANCE STATISTICS 2018 - mas.gov.sg

($'000)

DIRECT INSURERSCHANGE IN

PREMIUM LIABILITIESEARNED PREMIUMS

ACYC 1,274 5,077

AETNA 2 -489 489

AETNA S'PORE BRANCH 6,491 57,282

AIA SPORE 6 16,596

AIG ASIA 6,009 137,025

ALLIANZ GLOBAL C&S 9,123 25,054

ALLIED WORLD -371 8,889

AUTO & GENERAL 1,874 2,882

AVIVA 2,325 20,711

AXA CORPORATE 1,096 7,593

AXA INSURANCE -6,164 318,276

AXIS SPECIALTY -366 1,883

BERKLEY INSURANCE 233 6,178

BERKSHIRE -567 19,210

CHINA TAIPING -4,256 67,732

CHUBB INS 7,081 92,328

CIGNA EUROPE 7,621 58,394

COFACE 2,732 7,850

DIRECT ASIA 2,761 13,844

ECICS LTD -1,197 6,851

EQ INS 3,343 46,033

ERGO -3,741 22,081

ETIQA PL 2,500 30,813

EULER HERMES -1,162 3,760

FACTORY MUTUAL 1,667 17,534

FIRST CAPITAL 659 127,314

FWD SINGAPORE 2,873 4,909

GARD (BERMUDA) 1 0 7,859

GARD MARINE 55 2,138

GEG 6,765 57,707

GREAT AMERICAN -3,580 25,576

HDI GLOBAL 150 1,702

HELVETIA SWISS 96 182

TABLE G4 GENERAL INSURANCE: PREMIUMS OF SINGAPORE INSURANCE FUNDS FOR THE

YEAR ENDED 31ST DECEMBER 2018 (PART V)

Page 92: INSURANCE STATISTICS 2018 - mas.gov.sg

HL ASSURANCE 2,329 8,225

INDIA INTERNATIONAL -2,915 49,094

JAPAN SHIP OWNERS' 1 528 7,576

LIBERTY 5,676 138,963

LIBERTY SPECIALTY 1,202 3,772

LIBERTY SPECIALTY SINGAPORE 8,354 11,667

LLOYD'S ASIA SCHEME 865 84,391

LONPAC 2,865 12,043

MSIG -11,018 231,615

NORTH OF ENGLAND P&I 1 0 5,062

NTUC INCOME 150 317,947

QBE INS -3,254 60,511

REARDON 2 0 0

SHIPOWNERS' MUTUAL P&I 512 11,139

SKULD 1 214 2,858

SOMPO INS 5,065 85,174

STANDARD CLUB 1 29 3,592

STARR INTERNATIONAL -29 176

SWISS RE INTERNATIONAL -2,168 2,836

THE WEST OF ENGLAND 1 0 1,470

TOKIO MARINE INS 3,659 93,176

TT CLUB 14 716

UK CLUB (EUROPE) 1 0 2,207

UOI -441 29,396

XL INS 2,131 11,187

ZURICH 93 3,964

($'000)

REINSURERSCHANGE IN

PREMIUM LIABILITIESEARNED PREMIUMS

ALLIANZ SE 2 1,433

ASIA CAPITAL RE 2,152 9,163

ASPEN INSURANCE -63 3,555

CHINA REINSURANCE 390 17,611

DAVINCI RE 0 0

ENDURANCE SPECIALTY 74 750

EVEREST RE -207 5,182

GENERAL RE 602 2,085

IAG RE 0 0

KOREAN RE 1,256 12,355

Page 93: INSURANCE STATISTICS 2018 - mas.gov.sg

MAPFRE RE 27 836

MILLI RE 0 0

MUNICH RE -285 21,853

ODYSSEY RE -431 5,087

PARTNER RE ASIA 1,227 5,806

QATAR RE 2 -445 1,114

RENAISSANCE RE 31 500

SAMSUNG RE -220 326

SCOR RE AP 3 13,381

SINGAPORE RE -3,274 25,196

SIRIUS INTERNATIONAL 52 1,591

SWISS RE ASIA -1,204 14,796

TOA RE 128 6,575

TRANSATLANTIC REINSURANCE 30 1,063

VALIDUS RE 0 0

XL BERMUDA -115 2,093

Notes:

1 Figures are in respect of Marine Mutual Insurers' financial years ended 20 Feb 2018 or 31 Mar

2018.

2 On run-off.

Page 94: INSURANCE STATISTICS 2018 - mas.gov.sg

DIRECT INSURERSEARNED

PREMIUMS

NET CLAIMS

INCURRED

MANAGEMENT

EXPENSES

DISTRIBUTION

EXPENSES

UNDERWRITING

PROFIT (LOSS)

NET INVESTMENT

INCOME

OPERATING

PROFIT (LOSS)

ACYC 5,077 6,486 4,694 -5,221 -882 106 -776

AETNA 2 489 -1,560 275 28 1,747 114 1,860

AETNA S'PORE BRANCH 57,282 42,203 12,702 6,073 -3,696 638 -3,059

AIA SPORE 16,596 3,176 3,140 5,904 4,376 1,354 5,730

AIG ASIA 137,025 65,948 98,872 -57,892 30,097 5,945 36,042

ALLIANZ GLOBAL C&S 25,054 12,190 25,750 -1,267 -11,619 3,193 -8,426

ALLIED WORLD 8,889 -3,226 22,033 -1,122 -8,796 994 -7,802

AUTO & GENERAL 2,882 3,277 1,453 0 -1,848 33 -1,815

AVIVA 20,711 17,426 7,167 1,326 -5,208 503 -4,705

AXA CORPORATE 7,593 3,190 1,019 1,274 2,110 308 2,419

AXA INSURANCE 318,276 187,361 69,717 64,334 -3,136 -1,833 -4,969

AXIS SPECIALTY 1,883 532 303 280 768 385 1,153

BERKLEY INSURANCE 6,178 2,701 3,105 1,511 -1,138 55 -1,083

BERKSHIRE 19,210 14,430 3,599 771 410 1,073 1,484

CHINA TAIPING 67,732 38,982 9,694 10,442 8,614 10,092 18,706

CHUBB INS 92,328 20,463 54,430 7,388 10,047 2,743 12,789

CIGNA EUROPE 58,394 46,444 20,691 -5,145 -3,597 1,069 -2,528

COFACE 7,850 4,774 7,721 387 -5,033 2,442 -2,591

DIRECT ASIA 13,844 8,827 15,079 -3,019 -7,043 563 -6,479

ECICS LTD 6,851 7,473 3,571 1,365 -5,558 -533 -6,091

EQ INS 46,033 29,886 8,952 11,003 -3,807 472 -3,335

ERGO 22,081 12,456 11,787 5,008 -7,170 557 -6,613

ETIQA PL 30,813 16,592 10,758 2,519 943 -348 595

EULER HERMES 3,760 -8,616 7,828 -1,332 5,879 702 6,581

FACTORY MUTUAL 17,534 362 3,237 -1,465 15,399 597 15,996

FIRST CAPITAL 127,314 85,613 9,496 4,029 28,176 15,439 43,615

FWD SINGAPORE 4,909 4,757 25,038 -2,334 -22,552 153 -22,399

GARD (BERMUDA) 1 7,859 18,284 243 29 -10,697 341 -10,356

GARD MARINE 2,138 1,326 51 598 162 123 285

GEG 57,707 26,340 18,109 7,308 5,950 1,517 7,467

GREAT AMERICAN 25,576 33,096 7,162 4,561 -19,242 686 -18,557

HDI GLOBAL 1,702 427 1,793 -766 247 180 427

HELVETIA SWISS 182 74 101 83 -75 0 -75

HL ASSURANCE 8,225 5,242 6,621 1,562 -5,199 34 -5,165

INDIA INTERNATIONAL 49,094 30,431 5,722 5,924 7,018 1,170 8,189

JAPAN SHIP OWNERS' 1 7,576 5,827 2,168 87 -506 150 -356

LIBERTY 138,963 69,230 21,682 30,815 17,236 3,762 20,998

LIBERTY SPECIALTY 3,772 -1,554 2,695 158 2,472 336 2,808

LIBERTY SPECIALTY SINGAPORE 11,667 7,107 7,092 983 -3,515 317 -3,198

LLOYD'S ASIA SCHEME 84,391 36,880 14,114 19,631 13,767 1,142 14,909

LONPAC 12,043 2,906 7,525 1,139 472 2,867 3,340

MSIG 231,615 104,088 81,882 34,200 11,446 -1,536 9,910

NORTH OF ENGLAND P&I 1 5,062 -5,161 4,938 1,475 3,810 722 4,533

NTUC INCOME 317,947 193,187 65,411 51,050 8,299 31,937 40,236

QBE INS 60,511 31,949 31,154 253 -2,846 2,692 -153

REARDON 2 0 -324 0 0 324 5 329

SHIPOWNERS' MUTUAL P&I 11,139 2,545 4,720 4,265 -390 -83 -474

SKULD 1 2,858 2,869 2,086 867 -2,963 0 -2,963

SOMPO INS 85,174 43,927 30,659 17,389 -6,801 1,888 -4,913

STANDARD CLUB 1 3,592 1,578 2,802 1,037 -1,825 100 -1,725

STARR INTERNATIONAL 176 -154 99 -132 364 24 388

SWISS RE INTERNATIONAL 2,836 10,867 6,730 -11,126 -3,634 1,184 -2,450

THE WEST OF ENGLAND 1 1,470 2,738 509 533 -2,310 0 -2,310

TOKIO MARINE INS 93,176 46,277 17,887 14,440 14,573 28,338 42,911

TT CLUB 716 99 554 -84 146 -9 137

UK CLUB (EUROPE) 1 2,207 887 321 459 540 9 549

($'000)

TABLE G5 GENERAL INSURANCE: OPERATING RESULTS OF SINGAPORE INSURANCE FUNDS FOR THE YEAR ENDED 31ST DECEMBER 2018 (PART I)

Page 95: INSURANCE STATISTICS 2018 - mas.gov.sg

UOI 29,396 2,946 10,321 -5,975 22,103 -5,486 16,618

XL INS 11,187 15,320 7,984 -1,040 -11,077 909 -10,168

ZURICH 3,964 2,592 10,426 -4,300 -4,754 120 -4,634

REINSURERSEARNED

PREMIUMS

NET CLAIMS

INCURRED

MANAGEMENT

EXPENSES

DISTRIBUTION

EXPENSES

UNDERWRITING

PROFIT (LOSS)

NET INVESTMENT

INCOME

OPERATING

PROFIT (LOSS)

ALLIANZ SE 1,433 -1,315 63 207 2,477 339 2,817

ASIA CAPITAL RE 9,163 16 4,343 2,820 1,984 -1,485 498

ASPEN INSURANCE 3,555 1,409 1,607 12 527 206 733

CHINA REINSURANCE 17,611 14,093 693 5,660 -2,837 159 -2,678

DAVINCI RE 0 0 0 0 0 0 0

ENDURANCE SPECIALTY 750 644 53 177 -124 65 -59

EVEREST RE 5,182 2,406 242 1,676 858 796 1,654

GENERAL RE 2,085 -705 2,687 -705 808 1,036 1,844

IAG RE 0 0 0 0 0 0 0

KOREAN RE 12,355 8,590 399 4,216 -849 1,199 350

MAPFRE RE 836 505 49 176 106 235 341

MILLI RE 0 0 0 0 0 -2 -2

MUNICH RE 21,853 5,458 1,828 4,231 10,337 1,860 12,196

ODYSSEY RE 5,087 4,604 140 1,306 -962 406 -556

PARTNER RE ASIA 5,806 3,203 268 1,412 924 391 1,314

QATAR RE 2 1,114 2,053 230 252 -1,422 0 -1,422

RENAISSANCE RE 500 276 171 -40 94 0 94

SAMSUNG RE 326 130 34 35 127 72 199

SCOR RE AP 13,381 7,513 953 2,517 2,398 -26 2,372

SINGAPORE RE 25,196 12,552 2,376 7,572 2,696 765 3,461

SIRIUS INTERNATIONAL 1,591 529 378 340 345 238 583

SWISS RE ASIA 14,796 6,021 855 1,518 6,403 1,242 7,645

TOA RE 6,575 2,614 476 2,334 1,151 504 1,656

TRANSATLANTIC REINSURANCE 1,063 424 116 152 372 16 387

VALIDUS RE 0 0 0 0 0 0 0

XL BERMUDA 2,093 569 308 44 1,172 372 1,543

($'000)

Notes:

1 Figures are in respect of Marine Mutual Insurers' financial years ended 20 Feb 2018 or 31 Mar 2018.

2 On run-off.

Page 96: INSURANCE STATISTICS 2018 - mas.gov.sg

NET CLAIMS

INCURRED

MANAGEMENT

EXPENSES

DISTRIBUTION

EXPENSES

UNDERWRITING

PROFIT (LOSS)

ACYC 127.7 92.5 -102.8 -17.4

AETNA 2 -318.8 56.2 5.6 357.0

AETNA S'PORE BRANCH 73.7 22.2 10.6 -6.5

AIA SPORE 19.1 18.9 35.6 26.4

AIG ASIA 48.1 72.2 -42.2 22.0

ALLIANZ GLOBAL C&S 48.7 102.8 -5.1 -46.4

ALLIED WORLD -36.3 247.9 -12.6 -99.0

AUTO & GENERAL 113.7 50.4 0.0 -64.1

AVIVA 84.1 34.6 6.4 -25.1

AXA CORPORATE 42.0 13.4 16.8 27.8

AXA INSURANCE 58.9 21.9 20.2 -1.0

AXIS SPECIALTY 28.3 16.1 14.9 40.8

BERKLEY INSURANCE 43.7 50.3 24.5 -18.4

BERKSHIRE 75.1 18.7 4.0 2.1

CHINA TAIPING 57.6 14.3 15.4 12.7

CHUBB INS 22.2 59.0 8.0 10.9

CIGNA EUROPE 79.5 35.4 -8.8 -6.2

COFACE 60.8 98.4 4.9 -64.1

DIRECT ASIA 63.8 108.9 -21.8 -50.9

ECICS LTD 109.1 52.1 19.9 -81.1

EQ INS 64.9 19.4 23.9 -8.3

ERGO 56.4 53.4 22.7 -32.5

ETIQA PL 53.8 34.9 8.2 3.1

EULER HERMES -229.2 208.2 -35.4 156.4

FACTORY MUTUAL 2.1 18.5 -8.4 87.8

FIRST CAPITAL 67.2 7.5 3.2 22.1

FWD SINGAPORE 96.9 510.0 -47.5 -459.4

GARD (BERMUDA) 1 232.6 3.1 0.4 -136.1

GARD MARINE 62.0 2.4 28.0 7.6

GEG 45.6 31.4 12.7 10.3

GREAT AMERICAN 129.4 28.0 17.8 -75.2

HDI GLOBAL 25.1 105.4 -45.0 14.5

HELVETIA SWISS 40.4 55.4 45.6 -41.4

HL ASSURANCE 63.7 80.5 19.0 -63.2

INDIA INTERNATIONAL 62.0 11.7 12.1 14.3

JAPAN SHIP OWNERS' 1 76.9 28.6 1.1 -6.7

LIBERTY 49.8 15.6 22.2 12.4

LIBERTY SPECIALTY -41.2 71.5 4.2 65.5

LIBERTY SPECIALTY SINGAPORE 60.9 60.8 8.4 -30.1

LLOYD'S ASIA SCHEME 43.7 16.7 23.3 16.3

LONPAC 24.1 62.5 9.5 3.9

MSIG 44.9 35.4 14.8 4.9

NORTH OF ENGLAND P&I 1 -102.0 97.5 29.1 75.3

NTUC INCOME 60.8 20.6 16.1 2.6

QBE INS 52.8 51.5 0.4 -4.7

REARDON 2 0.0 0.0 0.0 0.0

SHIPOWNERS' MUTUAL P&I 22.9 42.4 38.3 -3.5

SKULD 1 100.4 73.0 30.3 -103.7

SOMPO INS 51.6 36.0 20.4 -8.0

STANDARD CLUB 1 43.9 78.0 28.9 -50.8

STARR INTERNATIONAL -87.3 55.8 -75.0 206.5

SWISS RE INTERNATIONAL 383.1 237.3 -392.3 -128.1

TABLE G5 GENERAL INSURANCE: OPERATING RESULTS OF SINGAPORE INSURANCE FUNDS FOR THE YEAR

ENDED 31ST DECEMBER 2018 (PART II)

% OF EARNED PREMIUMS

DIRECT INSURERS

Page 97: INSURANCE STATISTICS 2018 - mas.gov.sg

THE WEST OF ENGLAND 1 186.3 34.6 36.2 -157.2

TOKIO MARINE INS 49.7 19.2 15.5 15.6

TT CLUB 13.8 77.5 -11.7 20.4

UK CLUB (EUROPE) 1 40.2 14.5 20.8 24.5

UOI 10.0 35.1 -20.3 75.2

XL INS 136.9 71.4 -9.3 -99.0

ZURICH 65.4 263.0 -108.5 -119.9

NET CLAIMS

INCURRED

MANAGEMENT

EXPENSES

DISTRIBUTION

EXPENSES

UNDERWRITING

PROFIT (LOSS)

ALLIANZ SE -91.7 4.4 14.5 172.9

ASIA CAPITAL RE 0.2 47.4 30.8 21.6

ASPEN INSURANCE 39.6 45.2 0.3 14.8

CHINA REINSURANCE 80.0 3.9 32.1 -16.1

DAVINCI RE 0.0 0.0 0.0 0.0

ENDURANCE SPECIALTY 85.8 7.1 23.6 -16.5

EVEREST RE 46.4 4.7 32.3 16.6

GENERAL RE -33.8 128.8 -33.8 38.8

IAG RE 0.0 0.0 0.0 0.0

KOREAN RE 69.5 3.2 34.1 -6.9

MAPFRE RE 60.4 5.9 21.1 12.7

MILLI RE 0.0 0.0 0.0 0.0

MUNICH RE 25.0 8.4 19.4 47.3

ODYSSEY RE 90.5 2.8 25.7 -18.9

PARTNER RE ASIA 55.2 4.6 24.3 15.9

QATAR RE 2 184.3 20.7 22.6 -127.6

RENAISSANCE RE 55.1 34.2 -8.0 18.7

SAMSUNG RE 39.8 10.4 10.8 39.0

SCOR RE AP 56.2 7.1 18.8 17.9

SINGAPORE RE 49.8 9.4 30.1 10.7

SIRIUS INTERNATIONAL 33.2 23.7 21.4 21.7

SWISS RE ASIA 40.7 5.8 10.3 43.3

TOA RE 39.8 7.2 35.5 17.5

TRANSATLANTIC REINSURANCE 39.9 10.9 14.3 35.0

VALIDUS RE 0.0 0.0 0.0 0.0

XL BERMUDA 27.2 14.7 2.1 56.0

% OF EARNED PREMIUMS

Notes:

1 Figures are in respect of Marine Mutual Insurers' financial years ended 20 Feb 2018 or 31 Mar 2018.

2 On run-off.

REINSURERS

Page 98: INSURANCE STATISTICS 2018 - mas.gov.sg

INTEREST /

DIVIDEND /

RENTAL INCOME

REALISED GAINS

(LOSSES) FROM

LAST REPORTED

VALUE / WRITE-

BACKS (WRITE-

OFFS)

UNREALISED

CHANGES FROM

LAST REPORTED

VALUE

ACYC 25,490 18,793 110 0 0 0 1,185

AETNA 2 0 0 35 0 1 1 83

AETNA S'PORE BRANCH 5,725 22 87 -9 0 0 0

AIA SPORE 0 0 0 0 0 0 0

AIG ASIA 76,085 61,589 1,309 -2 -429 51 2,726

ALLIANZ GLOBAL C&S 186,582 50,300 9,978 -1,183 260 0 12,888

ALLIED WORLD 91,234 78,740 3,264 -252 529 555 3,115

AUTO & GENERAL 0 0 0 0 0 0 0

AVIVA 0 0 0 0 0 0 0

AXA CORPORATE 120,548 49,945 4,130 -61 -3,347 6 655

AXA INSURANCE 18,704 10,815 286 11 74 0 0

AXIS SPECIALTY 145,575 120,107 2,924 -976 264 127 44

BERKLEY INSURANCE 27,034 7,053 1,334 0 655 109 1,029

BERKSHIRE 249,042 199,635 2,502 0 -178 491 31,377

CHINA TAIPING 28,798 10,783 217 -342 -451 0 427

CHUBB INS 84,744 57,991 1,810 -106 1,094 108 1,421

CIGNA EUROPE 0 0 0 0 0 0 0

COFACE 15,135 5,057 765 0 372 0 3,645

DIRECT ASIA 0 0 0 0 0 0 0

ECICS LTD 121 94 27 0 0 0 5

EQ INS 866 471 8 0 1 0 2

ERGO 4,445 3,308 18 -11 0 0 0

ETIQA PL 8,515 241 60 0 -1 0 74

EULER HERMES 31,299 26,634 182 0 85 0 1,659

FACTORY MUTUAL 0 0 0 0 0 0 0

FIRST CAPITAL 272,383 164,841 9,108 2,275 4,329 17 5,103

FWD SINGAPORE 0 0 0 0 0 0 0

GARD (BERMUDA) 1 34,651 23,221 12 0

GARD MARINE 744 385 102 -1 -7 7 0

GEG 11,574 8,561 34 0 0 0 0

GREAT AMERICAN 30,904 12,069 506 0 -3 26 1,095

HDI GLOBAL 48,141 25,684 620 309 -9 1 580

HELVETIA SWISS 13,139 2,774 316 -13 -29 1 2,308

HL ASSURANCE 0 0 0 0 0 0 0

INDIA INTERNATIONAL 71,139 33,771 5,771 123 231 13 6,361

JAPAN SHIP OWNERS' 1 0 0 0 0

LIBERTY 6,982 646 192 0 48 14 65

LIBERTY SPECIALTY 19,644 5,479 557 -20 -107 74 75

LIBERTY SPECIALTY SINGAPORE 111,842 64,706 2,175 -171 -719 128 6,174

LLOYD'S ASIA SCHEME 782,988 141,865 12,212 -1,831 4,987 742 6,819

LONPAC 0 0 0 0 0 0 0

MSIG 20,278 11,655 390 3 0 0 0

NORTH OF ENGLAND P&I 1 0 0 0 0

NTUC INCOME 2,226 881 194 -137 21 8 4

QBE INS 73,065 56,071 1,353 -121 99 11 63

REARDON 2 0 0 195 -34 -68 52 39

SHIPOWNERS' MUTUAL P&I 92,046 59,023 0 0

SKULD 1 11,332 8,460 0 199

SOMPO INS 7,839 4,452 3,118 75 -1,586 52 102

STANDARD CLUB 1 40,248 30,489 5 28

STARR INTERNATIONAL 116,246 114,070 3,076 -172 -2,834 0 292

SWISS RE INTERNATIONAL 117,431 107,741 2,857 -1,180 2,473 195 0

THE WEST OF ENGLAND 1 8,413 5,888 0 0

TOKIO MARINE INS 126,402 120,841 1,023 33 -418 15 63

TT CLUB 2,058 1,534 17 0

UK CLUB (EUROPE) 1 0 0 0 0

UOI 24,669 13,021 1,296 -433 -1,661 132 44

XL INS 148,893 108,246 3,908 1 -1,644 485 17

TABLE G6 GENERAL INSURANCE PROFIT & LOSS ACCOUNT: INCOME OF OFFSHORE INSURANCE FUNDS

FOR THE YEAR ENDED 31ST DECEMBER 2018

($'000)

INVESTMENT REVENUE

GROSS

PREMIUMSDIRECT INSURERS OTHERS

INVESTMENT

EXPENSES

OUTWARD

REINSURANCE

PREMIUMS

Page 99: INSURANCE STATISTICS 2018 - mas.gov.sg

ZURICH 88,763 74,491 1,633 196 -551 136 8,816

INTEREST /

DIVIDEND /

RENTAL INCOME

REALISED GAINS

(LOSSES) FROM

LAST REPORTED

VALUE / WRITE-

BACKS (WRITE-

OFFS)

UNREALISED

CHANGES FROM

LAST REPORTED

VALUE

ALLIANZ SE 833,565 58,906 39,760 -7,816 -8,095 692 8,321

ASIA CAPITAL RE 478,212 72,267 29,763 1,962 -24,619 3,279 76

ASPEN INSURANCE 54,952 42,986 2,283 1,341 -1,254 18 57

CHINA REINSURANCE 145,022 5,213 773 0 68 64 83

DAVINCI RE 15,784 8,112 281 0 0 0 0

ENDURANCE SPECIALTY 246,738 103,551 4,831 -857 -1,490 250 46

EVEREST RE 265,080 0 24,298 1,431 -14,262 612 171

GENERAL RE 1,118 196 343 -84 517 10 333

IAG RE 385,476 254,279 28,449 -1,216 -27,668 884 429

KOREAN RE 104,407 13,330 4,158 -92 -1,649 34 247

MAPFRE RE 68,358 1,513 721 4,853 -79 2,582 7

MILLI RE 23,672 523 1,531 -19 0 0 374

MUNICH RE 182,382 9,655 7,949 -6,516 11,655 315 285

ODYSSEY RE 300,428 30,932 13,077 -2,883 -4,894 1,019 283

PARTNER RE ASIA 612,542 368,932 13,709 -10,481 -6,280 -228 46

QATAR RE 2 6,877 97 572 -288 -173 0 35

RENAISSANCE RE 109,970 78,778 747 0 0 0 0

SAMSUNG RE 144,235 96,681 1,693 -314 852 17 3

SCOR RE AP 209,671 26,301 8,010 -741 -9,160 766 19,516

SINGAPORE RE 85,849 60,120 2,602 348 -2,316 268 8

SIRIUS INTERNATIONAL 74,243 44,058 5,290 -397 2,634 0 1,991

SWISS RE ASIA 3,467,107 1,094,485 27,901 -1,293 -11,627 2,055 24,188

TOA RE 42,293 412 5,015 -34 -843 32 340

TRANSATLANTIC REINSURANCE 61,582 146 643 -131 254 21 591

VALIDUS RE 36,478 819 1,569 -162 -643 0 109

XL BERMUDA 282,561 46,870 11,781 -1,933 4,369 421 3,783

($'000)

INVESTMENT REVENUE

Notes:

1 Figures are in respect of Marine Mutual Insurers' financial years ended 20 Feb 2018 or 31 Mar 2018.

2 On run-off.

REINSURERS OTHERSINVESTMENT

EXPENSES

OUTWARD

REINSURANCE

PREMIUMS

GROSS

PREMIUMS

Page 100: INSURANCE STATISTICS 2018 - mas.gov.sg

DIRECT INSURERSGROSS

CLAIMS

REINSURANCE

RECOVERABLES

MANAGEMENT

EXPENSES

DISTRIBUTION

EXPENSES

INCREASE

(DECREASE) IN

POLICY LIABILITIES

OTHERS

ACYC 4,350 3,125 6,181 -2,691 1,637 819

AETNA 2 94 0 48 21 -132 -40

AETNA S'PORE BRANCH 2,896 142 2,105 440 -33 306

AIA SPORE 0 0 0 0 0 0

AIG ASIA 63,870 60,568 15,424 -9,871 -412 1,831

ALLIANZ GLOBAL C&S 62,232 10,799 40,937 21,432 36,078 3,469

ALLIED WORLD 75,572 55,737 23,077 -9,602 -11,432 755

AUTO & GENERAL 0 0 0 0 0 0

AVIVA 0 0 0 0 0 0

AXA CORPORATE 48,972 14,605 10,565 8,679 36,923 1,636

AXA INSURANCE 10,670 6,058 4,054 -409 36 544

AXIS SPECIALTY 73,138 58,980 4,419 3,281 11,284 1,365

BERKLEY INSURANCE 16,879 5,965 8,728 5,540 12,014 0

BERKSHIRE 184,085 151,567 8,955 10,154 10,603 518

CHINA TAIPING 12,046 3,798 2,765 5,786 4,547 289

CHUBB INS 41,409 35,926 8,768 5,666 4,990 899

CIGNA EUROPE 0 0 0 0 0 0

COFACE 3,284 1,736 5,980 3,331 8,824 421

DIRECT ASIA 0 0 0 0 0 0

ECICS LTD 0 0 91 -24 -12 9

EQ INS 302 140 17 52 103 2

ERGO 3,249 3,154 1,357 533 56 133

ETIQA PL 1,349 199 1,049 3,919 1,780 -35

EULER HERMES 5,206 3,726 8,110 -2,351 4,528 -180

FACTORY MUTUAL 0 0 0 0 0 0

FIRST CAPITAL 133,091 81,633 12,424 -8,955 27,157 6,894

FWD SINGAPORE 0 0 0 0 0 0

GARD (BERMUDA) 1 8,457 2,226 241 142 -180 924

GARD MARINE 2,024 977 7 333 -122 -127

GEG 2,002 1,089 1,675 -406 324 151

GREAT AMERICAN 19,411 2,936 6,786 3,690 4,185 771

HDI GLOBAL 8,301 3,626 3,750 1,822 15,093 285

HELVETIA SWISS 4,105 393 4,492 2,062 4,279 149

HL ASSURANCE 0 0 0 0 0 0

INDIA INTERNATIONAL 59,940 10,628 6,193 4,907 8,452 1,600

JAPAN SHIP OWNERS' 1 0 0 0 0 0 0

LIBERTY 3,059 74 927 941 1,192 197

LIBERTY SPECIALTY 651 11 3,103 2,064 6,739 1,290

LIBERTY SPECIALTY SINGAPORE 29,998 20,964 20,404 6,584 14,305 2,540

LLOYD'S ASIA SCHEME 375,996 76,575 90,217 127,467 196,996 11,697

LONPAC 0 0 0 0 0 0

MSIG 3,935 1,564 5,690 348 1,086 -19

NORTH OF ENGLAND P&I 1 0 0 0 0 0 0

NTUC INCOME 7,172 117 549 112 -7,071 6

QBE INS 65,264 53,734 10,961 -951 -285 1,591

REARDON 2 449 0 886 0 -398 39

SHIPOWNERS' MUTUAL P&I 38,633 34,788 14,185 11,618 2,565 3,216

SKULD 1 1,605 1,385 1,830 1,140 1,294 101

SOMPO INS 3,524 2,226 1,707 50 -2,431 -691

STANDARD CLUB 1 22,820 23,935 7,090 3,621 217 70

STARR INTERNATIONAL 62,094 60,509 7,839 -8,476 1,321 1,378

($'000)

TABLE G7 GENERAL INSURANCE PROFIT & LOSS ACCOUNT: OUTGO OF OFFSHORE INSURANCE FUNDS

FOR THE YEAR ENDED 31ST DECEMBER 2018

Page 101: INSURANCE STATISTICS 2018 - mas.gov.sg

SWISS RE INTERNATIONAL 92,353 47,486 35,913 -49,057 598 9,471

THE WEST OF ENGLAND 1 1,433 936 833 990 976 0

TOKIO MARINE INS 36,720 35,706 4,855 -5,000 753 797

TT CLUB 298 273 265 144 -11 56

UK CLUB (EUROPE) 1 32 28 0 0 -18 3

UOI 9,427 2,082 2,521 528 -1,183 -274

XL INS 42,692 23,136 18,805 4,597 31,336 359

ZURICH 27,162 23,543 21,211 -10,944 8,760 6,059

REINSURERSGROSS

CLAIMS

REINSURANCE

RECOVERABLES

MANAGEMENT

EXPENSES

DISTRIBUTION

EXPENSES

INCREASE

(DECREASE) IN

POLICY LIABILITIES

OTHERS

ALLIANZ SE 329,942 22,344 25,255 218,103 355,635 -5,173

ASIA CAPITAL RE 288,049 108,927 37,761 112,191 128,872 14,308

ASPEN INSURANCE 30,158 18,390 9,139 -902 -5,230 2,989

CHINA REINSURANCE 47,199 0 5,398 31,839 78,779 -4,013

DAVINCI RE 424 210 1,807 326 -488 1,214

ENDURANCE SPECIALTY 122,817 50,054 13,106 26,029 41,362 12,283

EVEREST RE 92,240 0 12,891 51,089 124,892 1,947

GENERAL RE 820 125 742 -304 -3,814 869

IAG RE 338,796 154,947 4,235 22,979 -168,559 9,690

KOREAN RE 55,370 2,400 3,523 32,031 -10,252 1,620

MAPFRE RE 24,343 0 3,378 18,582 21,489 1,370

MILLI RE 13,696 121 3,223 6,062 9,013 40

MUNICH RE 80,087 0 13,282 48,249 -85,564 15,475

ODYSSEY RE 122,067 258 10,901 67,114 72,584 87

PARTNER RE ASIA 288,482 182,529 12,902 52,291 64,894 35,547

QATAR RE 2 17,176 13,242 1,571 2,737 12,119 602

RENAISSANCE RE 32,608 25,618 8,447 -1,978 21,441 3,200

SAMSUNG RE 27,057 15,502 5,213 8,028 21,446 332

SCOR RE AP 139,747 24,397 14,907 50,204 -31,437 3,428

SINGAPORE RE 41,749 28,401 4,767 4,916 9,959 1,830

SIRIUS INTERNATIONAL 34,009 15,881 9,091 1,617 -4,941 1,458

SWISS RE ASIA 2,106,165 1,787,069 88,174 514,575 2,339,442 -65,991

TOA RE 22,011 -4 3,013 13,145 4,745 50

TRANSATLANTIC REINSURANCE 32,529 30 6,424 11,883 7,541 312

VALIDUS RE 21,413 1,725 6,482 10,566 8,046 1,349

XL BERMUDA 141,466 7,889 23,400 62,362 42,285 -2,410

($'000)

Notes:

1 Figures are in respect of Marine Mutual Insurers' financial years ended 20 Feb 2018 or 31 Mar 2018.

2 On run-off.

Page 102: INSURANCE STATISTICS 2018 - mas.gov.sg

PREMIUM

LIABILITIES

CLAIMS

LIABILITIES

REINSURANCE

DEPOSITSOTHERS

ACYC 3,601 3,450 0 10,056

AETNA 2 0 118 0 278

AETNA S'PORE BRANCH 3,181 1,453 0 3,138

AIA SPORE 0 0 0 0

AIG ASIA 16,123 12,557 13,196 10,094

ALLIANZ GLOBAL C&S 68,022 259,294 0 26,305

ALLIED WORLD 15,062 57,045 0 49,275

AUTO & GENERAL 0 0 0 0

AVIVA 0 0 0 0

AXA CORPORATE 45,600 88,037 0 67,483

AXA INSURANCE 1,608 22,040 0 10,970

AXIS SPECIALTY 20,703 44,281 0 102,935

BERKLEY INSURANCE 7,638 58,756 0 28,885

BERKSHIRE 27,348 81,620 0 132,029

CHINA TAIPING 7,200 7,688 124 4,910

CHUBB INS 12,494 25,252 0 57,929

CIGNA EUROPE 0 0 0 0

COFACE 8,919 16,991 0 32,946

DIRECT ASIA 0 0 0 0

ECICS LTD 1 0 0 224

EQ INS 147 84 172 429

ERGO 295 212 1 3,208

ETIQA PL 3,246 2,603 1 741

EULER HERMES 8,955 4,922 0 23,579

FACTORY MUTUAL 0 0 0 0

FIRST CAPITAL 54,414 147,763 15,453 78,213

FWD SINGAPORE 0 0 0 0

GARD (BERMUDA) 1 0 3,796 0 2,149

GARD MARINE 197 613 0 2,438

GEG 892 2,471 430 4,692

GREAT AMERICAN 8,652 22,141 0 8,919

HDI GLOBAL 15,745 20,287 0 7,958

HELVETIA SWISS 7,077 11,683 0 3,352

HL ASSURANCE 0 0 0 0

INDIA INTERNATIONAL 20,285 89,729 6,320 54,058

JAPAN SHIP OWNERS' 1 0 0 0 0

LIBERTY 5,724 1,466 0 779

LIBERTY SPECIALTY 18,405 9,466 0 15,566

LIBERTY SPECIALTY SINGAPORE 40,093 36,796 0 43,716

LLOYD'S ASIA SCHEME 259,026 987,275 3,888 733,477

LONPAC 0 0 0 0

MSIG 1,281 3,770 0 3,980

NORTH OF ENGLAND P&I 1 0 0 0 0

NTUC INCOME 344 2,671 0 487

QBE INS 14,666 38,001 0 19,141

REARDON 2 0 4,454 0 1,085

SHIPOWNERS' MUTUAL P&I 16,401 10,854 0 15,594

SKULD 1 387 1,979 0 3,504

SOMPO INS 1,008 3,162 0 5,218

STANDARD CLUB 1 0 5,985 0 6,492

STARR INTERNATIONAL 10,717 6,276 0 62,813

DIRECT INSURERS

TABLE G8 GENERAL INSURANCE: ASSETS AND LIABILITIES OF OFFSHORE INSURANCE FUNDS

FOR THE YEAR ENDED 31ST DECEMBER 2018 (PART I)

($'000)

LIABILITIES

Page 103: INSURANCE STATISTICS 2018 - mas.gov.sg

SWISS RE INTERNATIONAL 61,374 48,709 0 80,367

THE WEST OF ENGLAND 1 0 976 0 1,357

TOKIO MARINE INS 3,450 1,474 18,702 17,103

TT CLUB 46 210 0 998

UK CLUB (EUROPE) 1 0 22 0 3

UOI 4,588 15,202 806 3,848

XL INS 56,894 84,963 557 219,633

ZURICH 24,064 13,085 0 34,019

PREMIUM

LIABILITIES

CLAIMS

LIABILITIES

REINSURANCE

DEPOSITSOTHERS

ALLIANZ SE 223,959 1,116,103 1,106 15,471

ASIA CAPITAL RE 180,062 584,136 0 49,701

ASPEN INSURANCE 14,473 36,211 0 64,422

CHINA REINSURANCE 43,362 116,006 0 11,113

DAVINCI RE 1,157 13,239 0 3,345

ENDURANCE SPECIALTY 54,083 152,097 61 74,339

EVEREST RE 34,328 401,519 0 11,619

GENERAL RE 1,124 11,963 0 732

IAG RE 109,531 91,414 0 -323,757

KOREAN RE 36,561 99,391 760 5,584

MAPFRE RE 24,646 52,698 0 16,966

MILLI RE 11,043 35,396 0 1,908

MUNICH RE 41,285 219,836 0 23,893

ODYSSEY RE 72,048 347,895 0 87,961

PARTNER RE ASIA 99,611 418,513 7 238,489

QATAR RE 2 7,168 17,971 0 18,666

RENAISSANCE RE 12,536 62,831 0 42,566

SAMSUNG RE 22,615 35,275 1,013 40,197

SCOR RE AP 56,490 275,450 120 716

SINGAPORE RE 15,073 60,699 2,214 19,010

SIRIUS INTERNATIONAL 5,596 53,533 9,404 144,875

SWISS RE ASIA 543,405 2,524,181 26,180 149,895

TOA RE 14,348 70,611 0 1,558

TRANSATLANTIC REINSURANCE 25,861 49,049 0 2,956

VALIDUS RE 14,702 48,679 0 5,642

XL BERMUDA 116,114 286,848 12,034 40,452

Notes:

1 Figures are in respect of Marine Mutual Insurers' financial years ended 20 Feb 2018 or 31 Mar 2018.

2 On run-off.

REINSURERS

($'000)

LIABILITIES

Page 104: INSURANCE STATISTICS 2018 - mas.gov.sg

EQUITY

SECURITIES

DEBT

SECURITIES

LAND AND

BUILDINGSLOANS

CASH AND

DEPOSITSOTHERS

ACYC 0 0 0 0 5,125 18,776

AETNA 2 0 0 0 0 2,089 73

AETNA S'PORE BRANCH 0 4,993 0 0 4,089 3,523

AIA SPORE 0 0 0 0 0 0

AIG ASIA 0 50,005 0 0 10,949 56,431

ALLIANZ GLOBAL C&S 0 504,607 0 0 22,984 84,129

ALLIED WORLD 699 151,889 0 0 23,184 68,188

AUTO & GENERAL 0 0 0 0 0 0

AVIVA 0 0 0 0 0 0

AXA CORPORATE 0 173,896 0 0 19,904 104,070

AXA INSURANCE 0 0 0 0 19,557 30,514

AXIS SPECIALTY 0 124,500 0 0 47,536 85,698

BERKLEY INSURANCE 0 100,955 0 0 32,316 13,942

BERKSHIRE 0 97,223 0 0 157,008 154,602

CHINA TAIPING 9,043 0 0 0 16,228 3,149

CHUBB INS 0 86,926 0 0 8,957 61,548

CIGNA EUROPE 0 0 0 0 0 0

COFACE 0 49,248 0 0 6,890 16,531

DIRECT ASIA 0 0 0 0 0 0

ECICS LTD 0 0 0 0 1,892 117

EQ INS 0 0 0 0 863 608

ERGO 0 0 0 0 996 4,325

ETIQA PL 0 0 0 0 7,129 3,684

EULER HERMES 0 19,569 0 0 4,081 30,139

FACTORY MUTUAL 0 0 0 0 0 0

FIRST CAPITAL 0 21,822 0 7,000 479,017 88,537

FWD SINGAPORE 0 0 0 0 0 0

GARD (BERMUDA) 1 0 9,101 0 0 8,109 1,547

GARD MARINE 0 2,830 0 0 3,096 556

GEG 0 0 0 0 10,493 4,254

GREAT AMERICAN 0 20,122 0 0 28,726 16,490

HDI GLOBAL 0 32,343 0 0 12,696 26,562

HELVETIA SWISS 0 13,829 0 0 11,098 9,957

HL ASSURANCE 0 0 0 0 0 0

INDIA INTERNATIONAL 10,746 98,053 0 0 92,752 36,348

JAPAN SHIP OWNERS' 1 0 0 0 0 0 0

LIBERTY 0 12,048 0 0 4,607 1,623

LIBERTY SPECIALTY 0 28,341 0 0 18,302 23,877

LIBERTY SPECIALTY SINGAPORE 0 102,623 0 0 15,218 61,785

LLOYD'S ASIA SCHEME 10,208 525,874 0 0 688,904 575,048

LONPAC 0 0 0 0 0 0

MSIG 0 0 0 0 30,184 2,619

NORTH OF ENGLAND P&I 1 0 0 0 0 0 0

NTUC INCOME 0 5,242 0 0 1,943 209

QBE INS 0 90,623 0 0 2,468 33,097

REARDON 2 0 6,794 0 0 757 70

SHIPOWNERS' MUTUAL P&I 0 0 9,489 0 23,852 20,960

SKULD 1 0 0 0 0 6,573 34

SOMPO INS 0 93,611 0 0 60,740 13,093

STANDARD CLUB 1 0 1,908 0 0 9,592 9,557

STARR INTERNATIONAL 0 105,608 0 0 15,666 59,051

DIRECT INSURERS

TABLE G8 GENERAL INSURANCE: ASSETS AND LIABILITIES OF OFFSHORE INSURANCE FUNDS

FOR THE YEAR ENDED 31ST DECEMBER 2018 (PART II)

($'000)

ASSETS

Page 105: INSURANCE STATISTICS 2018 - mas.gov.sg

SWISS RE INTERNATIONAL 0 119,729 0 0 5,091 121,565

THE WEST OF ENGLAND 1 0 0 0 0 3,675 1,852

TOKIO MARINE INS 4,999 18,182 0 0 20,632 26,331

TT CLUB 0 0 0 0 11 5,091

UK CLUB (EUROPE) 1 0 0 0 0 606 286

UOI 16,305 26,909 0 0 16,767 3,793

XL INS 19,640 200,880 0 0 92,290 116,004

ZURICH 6,390 43,642 0 0 4,293 48,896

EQUITY

SECURITIES

DEBT

SECURITIES

LAND AND

BUILDINGSLOANS

CASH AND

DEPOSITSOTHERS

ALLIANZ SE 1,512,862 379,484 0 0 159,021 236,789

ASIA CAPITAL RE 420,892 400,093 0 0 48,760 406,512

ASPEN INSURANCE 0 73,837 0 0 35,657 31,695

CHINA REINSURANCE 0 75,971 0 0 29,416 73,447

DAVINCI RE 19,126 0 0 0 1,215 6,623

ENDURANCE SPECIALTY 0 143,634 0 34 98,994 126,885

EVEREST RE 0 892,448 0 0 54,314 87,379

GENERAL RE 0 24,183 0 0 1,108 2,200

IAG RE 275,058 38,275 0 0 34,923 238,572

KOREAN RE 0 152,199 0 0 24,903 54,173

MAPFRE RE 0 45,584 0 0 10,881 48,663

MILLI RE 0 0 0 0 59,108 14,698

MUNICH RE 0 383,681 0 0 9,619 96,805

ODYSSEY RE 27,177 452,209 0 0 45,674 103,923

PARTNER RE ASIA 23,101 520,210 0 0 32,157 368,378

QATAR RE 2 0 12,940 0 0 26,287 8,254

RENAISSANCE RE 69,951 0 0 0 10,168 64,571

SAMSUNG RE 0 20,561 0 0 82,413 48,071

SCOR RE AP 44,810 227,836 0 0 6,552 126,953

SINGAPORE RE 10,401 46,653 6,166 0 28,771 26,674

SIRIUS INTERNATIONAL 0 206,203 0 0 16,187 52,994

SWISS RE ASIA 281,133 1,729,767 0 0 35,323 2,324,946

TOA RE 0 240,298 0 0 6,402 24,249

TRANSATLANTIC REINSURANCE 0 43,987 0 0 31,393 29,833

VALIDUS RE 0 64,389 0 0 19,108 19,753

XL BERMUDA 0 412,923 0 0 37,070 176,996

Notes:

1 Figures are in respect of Marine Mutual Insurers' financial years ended 20 Feb 2018 or 31 Mar 2018.

2 On run-off.

REINSURERS

($'000)

ASSETS

Page 106: INSURANCE STATISTICS 2018 - mas.gov.sg

($'000)

CARGO HULL & LIABILITY PROPERTYCASUALTY &

OTHERS

ACYC 0 0 0 25,490

AETNA 2 0 0 0 0

AETNA S'PORE BRANCH 0 0 0 5,725

AIA SPORE 0 0 0 0

AIG ASIA 5,385 27,528 25,238 17,934

ALLIANZ GLOBAL C&S 5,574 14,895 135,161 30,952

ALLIED WORLD 5,161 52 79,185 6,837

AUTO & GENERAL 0 0 0 0

AVIVA 0 0 0 0

AXA CORPORATE 47,130 7,467 60,174 5,778

AXA INSURANCE 1,052 61 12,397 5,195

AXIS SPECIALTY 669 339 122,867 21,700

BERKLEY INSURANCE 2,127 899 9,342 14,667

BERKSHIRE 4,837 3,651 216,340 24,214

CHINA TAIPING 3,386 934 13,083 11,396

CHUBB INS 4,357 3,336 54,170 22,882

CIGNA EUROPE 0 0 0 0

COFACE 0 0 0 15,135

DIRECT ASIA 0 0 0 0

ECICS LTD 0 0 0 121

EQ INS 166 15 314 371

ERGO 2,858 764 53 770

ETIQA PL 538 0 7,977 0

EULER HERMES 0 0 0 31,299

FACTORY MUTUAL 0 0 0 0

FIRST CAPITAL 1,545 51,801 144,842 74,195

FWD SINGAPORE 0 0 0 0

GARD (BERMUDA) 1 0 34,651 0 0

GARD MARINE 0 744 0 0

GEG 1,840 245 7,739 1,749

GREAT AMERICAN 8,538 19,322 715 2,329

HDI GLOBAL 4,535 0 42,141 1,465

HELVETIA SWISS 3,405 95 9,638 0

HL ASSURANCE 0 0 0 0

INDIA INTERNATIONAL 1,114 43,522 26,077 426

JAPAN SHIP OWNERS' 1 0 0 0 0

LIBERTY 1,393 0 59 5,531

LIBERTY SPECIALTY 651 151 3,038 15,804

LIBERTY SPECIALTY SINGAPORE 3,009 4,301 31,461 73,071

LLOYD'S ASIA SCHEME 78,857 171,964 389,147 143,020

LONPAC 0 0 0 0

MSIG 13,771 532 4,039 1,936

NORTH OF ENGLAND P&I 1 0 0 0 0

NTUC INCOME 443 193 1,559 31

QBE INS 8,205 11,846 35,327 17,687

REARDON 2 0 0 0 0

SHIPOWNERS' MUTUAL P&I 0 92,046 0 0

SKULD 1 0 11,332 0 0

SOMPO INS 5,405 33 307 2,094

STANDARD CLUB 1 0 40,248 0 0

STARR INTERNATIONAL 3,184 0 105,391 7,671

TABLE G9 GENERAL INSURANCE: PREMIUMS OF OFFSHORE INSURANCE FUNDS FOR THE YEAR ENDED 31ST

DECEMBER 2018 (PART I)

GROSS PREMIUMS

DIRECT INSURERS

Page 107: INSURANCE STATISTICS 2018 - mas.gov.sg

SWISS RE INTERNATIONAL 3,822 12,776 68,045 32,788

THE WEST OF ENGLAND 1 0 8,413 0 0

TOKIO MARINE INS 10,335 678 93,721 21,668

TT CLUB 0 2,058 0 0

UK CLUB (EUROPE) 1 0 0 0 0

UOI 383 145 14,483 9,657

XL INS 21,156 10,269 43,165 74,304

ZURICH 3,586 0 46,801 38,375

($'000)

CARGO HULL & LIABILITY PROPERTYCASUALTY &

OTHERS

ALLIANZ SE 9,976 9,721 544,241 269,628

ASIA CAPITAL RE 10,206 91,933 212,525 163,548

ASPEN INSURANCE 2,366 1,777 32,892 17,918

CHINA REINSURANCE 2,808 3,027 67,532 71,656

DAVINCI RE 0 0 15,784 0

ENDURANCE SPECIALTY 6,087 3,480 219,924 17,247

EVEREST RE 2,242 1,080 223,877 37,881

GENERAL RE 29 44 563 481

IAG RE 2,906 2,691 262,834 117,045

KOREAN RE 3,470 2,646 56,164 42,125

MAPFRE RE 581 2,270 56,772 8,735

MILLI RE 461 250 22,058 903

MUNICH RE 4,584 1,356 91,116 85,325

ODYSSEY RE 2,921 7,144 245,753 44,609

PARTNER RE ASIA 6,685 38,595 333,365 233,896

QATAR RE 2 1,157 153 1,462 4,105

RENAISSANCE RE 1,635 -337 71,376 37,296

SAMSUNG RE 30,060 56 89,437 24,683

SCOR RE AP 5,783 2,891 179,699 21,298

SINGAPORE RE 1,596 9,933 62,628 11,693

SIRIUS INTERNATIONAL 331 2,773 70,104 1,034

SWISS RE ASIA 76,930 142,087 1,731,447 1,516,642

TOA RE 1,986 591 23,521 16,195

TRANSATLANTIC REINSURANCE 692 481 33,856 26,554

VALIDUS RE 1,114 2,955 28,862 3,547

XL BERMUDA 4,804 5,434 254,004 18,319

Notes:

1 Figures are in respect of Marine Mutual Insurers' financial years ended 20 Feb 2018 or 31 Mar 2018.

2 On run-off.

GROSS PREMIUMS

REINSURERS

Page 108: INSURANCE STATISTICS 2018 - mas.gov.sg

($'000)

CARGO HULL & LIABILITY PROPERTYCASUALTY &

OTHERS

ACYC 0 0 0 4,221

AETNA 2 0 0 0 0

AETNA S'PORE BRANCH 0 0 0 0

AIA SPORE 0 0 0 0

AIG ASIA 472 0 0 686

ALLIANZ GLOBAL C&S 606 2 0 118

ALLIED WORLD 36 -2 2,105 94

AUTO & GENERAL 0 0 0 0

AVIVA 0 0 0 0

AXA CORPORATE 1,567 39 278 0

AXA INSURANCE 87 8 2,407 100

AXIS SPECIALTY 0 0 0 0

BERKLEY INSURANCE 0 0 0 0

BERKSHIRE 0 0 0 0

CHINA TAIPING 756 7 67 990

CHUBB INS 38 0 14,074 88

CIGNA EUROPE 0 0 0 0

COFACE 0 0 0 0

DIRECT ASIA 0 0 0 0

ECICS LTD 0 0 0 0

EQ INS 41 11 146 86

ERGO 1,810 146 27 691

ETIQA PL 104 0 0 0

EULER HERMES 0 0 0 0

FACTORY MUTUAL 0 0 0 0

FIRST CAPITAL 426 14,456 65,959 4,189

FWD SINGAPORE 0 0 0 0

GARD (BERMUDA) 1 0 0 0 0

GARD MARINE 0 0 0 0

GEG 704 100 804 1,351

GREAT AMERICAN 3,947 5,821 468 244

HDI GLOBAL 594 0 0 0

HELVETIA SWISS 0 0 0 0

HL ASSURANCE 0 0 0 0

INDIA INTERNATIONAL 8 1,504 9,554 134

JAPAN SHIP OWNERS' 1 0 0 0 0

LIBERTY 146 0 0 0

LIBERTY SPECIALTY 0 0 0 0

LIBERTY SPECIALTY SINGAPORE 22 -5 460 -40

LLOYD'S ASIA SCHEME 258 252 22 -178

LONPAC 0 0 0 0

MSIG 4,287 0 2,286 27

NORTH OF ENGLAND P&I 1 0 0 0 0

NTUC INCOME 118 61 404 4

QBE INS 1,563 37 2,352 237

REARDON 2 0 0 0 0

SHIPOWNERS' MUTUAL P&I 0 0 0 0

SKULD 1 0 0 0 0

SOMPO INS 248 4 81 1,155

STANDARD CLUB 1 0 0 0 0

TABLE G9 GENERAL INSURANCE: PREMIUMS OF OFFSHORE INSURANCE FUNDS FOR THE YEAR ENDED 31ST

DECEMBER 2018 (PART II)

REINSURANCE CEDED IN SINGAPORE

DIRECT INSURERS

Page 109: INSURANCE STATISTICS 2018 - mas.gov.sg

STARR INTERNATIONAL 0 0 23,519 0

SWISS RE INTERNATIONAL 0 0 0 -163

THE WEST OF ENGLAND 1 0 0 0 0

TOKIO MARINE INS 584 383 857 2,353

TT CLUB 0 0 0 0

UK CLUB (EUROPE) 1 0 0 0 0

UOI 155 83 4,177 4,140

XL INS 0 0 0 0

ZURICH 449 0 46 0

($'000)

CARGO HULL & LIABILITY PROPERTYCASUALTY &

OTHERS

ALLIANZ SE 0 0 0 0

ASIA CAPITAL RE 0 2,633 -74 410

ASPEN INSURANCE 0 0 0 0

CHINA REINSURANCE 0 0 0 0

DAVINCI RE 0 0 0 0

ENDURANCE SPECIALTY 0 0 0 0

EVEREST RE 0 0 0 0

GENERAL RE 0 0 0 0

IAG RE 593 202 16,948 821

KOREAN RE 0 1 1,250 0

MAPFRE RE 0 0 0 0

MILLI RE 0 0 0 0

MUNICH RE 0 0 0 0

ODYSSEY RE 0 0 0 0

PARTNER RE ASIA 0 0 0 0

QATAR RE 2 0 0 0 0

RENAISSANCE RE 0 0 0 0

SAMSUNG RE 295 0 1,855 0

SCOR RE AP 0 0 530 0

SINGAPORE RE 323 3,782 17,524 3,882

SIRIUS INTERNATIONAL 0 0 0 0

SWISS RE ASIA 0 0 0 0

TOA RE 0 0 68 43

TRANSATLANTIC REINSURANCE 0 0 0 0

VALIDUS RE 0 0 0 0

XL BERMUDA 0 0 0 0

Notes:

1 Figures are in respect of Marine Mutual Insurers' financial years ended 20 Feb 2018 or 31 Mar 2018.

2 On run-off.

REINSURANCE CEDED IN SINGAPORE

REINSURERS

Page 110: INSURANCE STATISTICS 2018 - mas.gov.sg

($'000)

CARGO HULL & LIABILITY PROPERTYCASUALTY &

OTHERS

ACYC 0 0 0 14,572

AETNA 2 0 0 0 0

AETNA S'PORE BRANCH 0 0 0 22

AIA SPORE 0 0 0 0

AIG ASIA 3,473 27,358 16,781 12,819

ALLIANZ GLOBAL C&S 127 100 47,679 1,669

ALLIED WORLD 4,420 46 66,070 5,970

AUTO & GENERAL 0 0 0 0

AVIVA 0 0 0 0

AXA CORPORATE 18,954 899 26,923 1,286

AXA INSURANCE 279 22 4,433 3,480

AXIS SPECIALTY 552 258 101,628 17,668

BERKLEY INSURANCE 1,112 499 4,266 1,177

BERKSHIRE 3,887 2,932 173,382 19,434

CHINA TAIPING 1,612 156 5,476 1,718

CHUBB INS 1,188 895 30,414 11,294

CIGNA EUROPE 0 0 0 0

COFACE 0 0 0 5,057

DIRECT ASIA 0 0 0 0

ECICS LTD 0 0 0 94

EQ INS 21 0 116 50

ERGO 13 617 2 1

ETIQA PL 137 0 0 0

EULER HERMES 0 0 0 26,634

FACTORY MUTUAL 0 0 0 0

FIRST CAPITAL 843 13,806 58,680 6,483

FWD SINGAPORE 0 0 0 0

GARD (BERMUDA) 1 0 23,221 0 0

GARD MARINE 0 385 0 0

GEG 284 73 5,019 225

GREAT AMERICAN 294 1,174 38 83

HDI GLOBAL 1,846 0 22,901 342

HELVETIA SWISS 76 95 2,603 0

HL ASSURANCE 0 0 0 0

INDIA INTERNATIONAL 238 10,580 11,581 172

JAPAN SHIP OWNERS' 1 0 0 0 0

LIBERTY 47 0 26 428

LIBERTY SPECIALTY 326 100 529 4,524

LIBERTY SPECIALTY SINGAPORE 909 1,150 20,551 41,658

LLOYD'S ASIA SCHEME 10,691 31,609 66,281 32,929

LONPAC 0 0 0 0

MSIG 1,144 532 1,749 1,632

NORTH OF ENGLAND P&I 1 0 0 0 0

NTUC INCOME 40 35 217 2

QBE INS 2,424 6,603 31,236 11,619

REARDON 2 0 0 0 0

SHIPOWNERS' MUTUAL P&I 0 59,023 0 0

SKULD 1 0 8,460 0 0

SOMPO INS 1,523 29 703 710

STANDARD CLUB 1 0 30,489 0 0

TABLE G9 GENERAL INSURANCE: PREMIUMS OF OFFSHORE INSURANCE

FUNDS FOR THE YEAR ENDED 31ST DECEMBER 2018 (PART III)

REINSURANCE CEDED OUTSIDE SINGAPORE

DIRECT INSURERS

Page 111: INSURANCE STATISTICS 2018 - mas.gov.sg

STARR INTERNATIONAL 3,101 0 81,159 6,291

SWISS RE INTERNATIONAL 3,721 12,011 62,534 29,638

THE WEST OF ENGLAND 1 0 5,888 0 0

TOKIO MARINE INS 4,475 288 92,699 19,201

TT CLUB 0 1,534 0 0

UK CLUB (EUROPE) 1 0 0 0 0

UOI 13 2 3,420 1,031

XL INS 13,199 6,642 30,442 57,963

ZURICH 1,605 0 38,154 34,236

($'000)

CARGO HULL & LIABILITY PROPERTYCASUALTY &

OTHERS

ALLIANZ SE 2,227 1,437 49,219 6,023

ASIA CAPITAL RE -243 26,670 32,859 10,011

ASPEN INSURANCE 1,643 1,284 28,959 11,099

CHINA REINSURANCE 61 1,082 3,868 202

DAVINCI RE 0 0 8,112 0

ENDURANCE SPECIALTY 2,545 1,514 99,107 385

EVEREST RE 0 0 0 0

GENERAL RE 0 15 134 48

IAG RE 908 2,125 122,385 110,296

KOREAN RE 0 220 9,675 2,185

MAPFRE RE 0 0 0 1,513

MILLI RE 0 0 523 0

MUNICH RE 159 0 7,774 1,722

ODYSSEY RE 0 0 30,900 32

PARTNER RE ASIA 4,406 19,312 228,265 116,948

QATAR RE 2 696 -121 -804 327

RENAISSANCE RE 1,185 -162 51,045 26,710

SAMSUNG RE 12,502 37 61,084 20,907

SCOR RE AP -422 74 23,970 2,149

SINGAPORE RE 675 4,183 26,545 3,205

SIRIUS INTERNATIONAL 206 1,904 41,414 534

SWISS RE ASIA 431 7,340 256,348 830,365

TOA RE 43 18 149 91

TRANSATLANTIC REINSURANCE 0 0 146 0

VALIDUS RE -2 1 820 0

XL BERMUDA 1,104 -84 43,845 2,005

Notes:

1 Figures are in respect of Marine Mutual Insurers' financial years ended 20 Feb 2018 or 31 Mar 2018.

2 On run-off.

REINSURANCE CEDED OUTSIDE SINGAPORE

REINSURERS

Page 112: INSURANCE STATISTICS 2018 - mas.gov.sg

($'000)

CARGO HULL & LIABILITY PROPERTYCASUALTY &

OTHERS

ACYC 0 0 0 6,696

AETNA 2 0 0 0 0

AETNA S'PORE BRANCH 0 0 0 5,703

AIA SPORE 0 0 0 0

AIG ASIA 1,440 170 8,456 4,429

ALLIANZ GLOBAL C&S 4,842 14,793 87,481 29,165

ALLIED WORLD 704 8 11,009 773

AUTO & GENERAL 0 0 0 0

AVIVA 0 0 0 0

AXA CORPORATE 26,609 6,529 32,974 4,492

AXA INSURANCE 686 30 5,558 1,615

AXIS SPECIALTY 117 80 21,239 4,032

BERKLEY INSURANCE 1,015 400 5,076 13,490

BERKSHIRE 950 719 42,958 4,779

CHINA TAIPING 1,018 770 7,540 8,687

CHUBB INS 3,131 2,440 9,682 11,500

CIGNA EUROPE 0 0 0 0

COFACE 0 0 0 10,078

DIRECT ASIA 0 0 0 0

ECICS LTD 0 0 0 27

EQ INS 104 4 52 234

ERGO 1,035 0 23 78

ETIQA PL 296 0 7,977 0

EULER HERMES 0 0 0 4,664

FACTORY MUTUAL 0 0 0 0

FIRST CAPITAL 276 23,539 20,204 63,523

FWD SINGAPORE 0 0 0 0

GARD (BERMUDA) 1 0 11,430 0 0

GARD MARINE 0 359 0 0

GEG 852 72 1,916 173

GREAT AMERICAN 4,297 12,327 210 2,001

HDI GLOBAL 2,095 0 19,239 1,123

HELVETIA SWISS 3,330 0 7,035 0

HL ASSURANCE 0 0 0 0

INDIA INTERNATIONAL 869 31,438 4,941 120

JAPAN SHIP OWNERS' 1 0 0 0 0

LIBERTY 1,201 0 33 5,103

LIBERTY SPECIALTY 325 50 2,510 11,280

LIBERTY SPECIALTY SINGAPORE 2,077 3,155 10,450 31,454

LLOYD'S ASIA SCHEME 67,908 140,103 322,844 110,268

LONPAC 0 0 0 0

MSIG 8,340 0 5 277

NORTH OF ENGLAND P&I 1 0 0 0 0

NTUC INCOME 285 97 938 24

QBE INS 4,217 5,206 1,739 5,831

REARDON 2 0 0 0 0

SHIPOWNERS' MUTUAL P&I 0 33,023 0 0

SKULD 1 0 2,872 0 0

SOMPO INS 3,634 1 -478 230

STANDARD CLUB 1 0 9,759 0 0

STARR INTERNATIONAL 84 0 713 1,380

TABLE G9 GENERAL INSURANCE: PREMIUMS OF OFFSHORE INSURANCE FUNDS FOR THE YEAR ENDED 31ST

DECEMBER 2018 (PART IV)

NET PREMIUMS

DIRECT INSURERS

Page 113: INSURANCE STATISTICS 2018 - mas.gov.sg

SWISS RE INTERNATIONAL 101 765 5,511 3,313

THE WEST OF ENGLAND 1 0 2,526 0 0

TOKIO MARINE INS 5,276 6 165 114

TT CLUB 0 524 0 0

UK CLUB (EUROPE) 1 0 0 0 0

UOI 214 61 6,887 4,486

XL INS 7,956 3,627 12,723 16,341

ZURICH 1,532 0 8,601 4,139

($'000)

CARGO HULL & LIABILITY PROPERTYCASUALTY &

OTHERS

ALLIANZ SE 7,749 8,284 495,022 263,604

ASIA CAPITAL RE 10,448 62,629 179,740 153,127

ASPEN INSURANCE 723 493 3,932 6,818

CHINA REINSURANCE 2,747 1,945 63,664 71,454

DAVINCI RE 0 0 7,672 0

ENDURANCE SPECIALTY 3,542 1,966 120,817 16,861

EVEREST RE 2,242 1,080 223,877 37,881

GENERAL RE 29 30 429 433

IAG RE 1,404 364 123,501 5,927

KOREAN RE 3,470 2,426 45,240 39,941

MAPFRE RE 581 2,270 56,772 7,222

MILLI RE 461 250 21,535 903

MUNICH RE 4,425 1,356 83,343 83,602

ODYSSEY RE 2,921 7,144 214,854 44,577

PARTNER RE ASIA 2,279 19,283 105,100 116,948

QATAR RE 2 461 274 2,267 3,778

RENAISSANCE RE 450 -175 20,332 10,586

SAMSUNG RE 17,263 18 26,497 3,776

SCOR RE AP 6,205 2,818 155,199 19,149

SINGAPORE RE 597 1,968 18,559 4,605

SIRIUS INTERNATIONAL 125 870 28,690 500

SWISS RE ASIA 76,499 134,747 1,475,099 686,277

TOA RE 1,943 573 23,304 16,061

TRANSATLANTIC REINSURANCE 692 481 33,710 26,554

VALIDUS RE 1,115 2,954 28,042 3,547

XL BERMUDA 3,701 5,517 210,159 16,314

Notes:

1 Figures are in respect of Marine Mutual Insurers' financial years ended 20 Feb 2018 or 31 Mar 2018.

2 On run-off.

NET PREMIUMS

REINSURERS

Page 114: INSURANCE STATISTICS 2018 - mas.gov.sg

($'000)

DIRECT INSURERSCHANGE IN

PREMIUM LIABILITIESEARNED PREMIUMS

ACYC 1,166 5,530

AETNA 2 -49 49

AETNA S'PORE BRANCH -92 5,795

AIA SPORE 0 0

AIG ASIA -603 15,098

ALLIANZ GLOBAL C&S 2,608 133,673

ALLIED WORLD -1,865 14,359

AUTO & GENERAL 0 0

AVIVA 0 0

AXA CORPORATE 14,726 55,877

AXA INSURANCE -665 8,554

AXIS SPECIALTY 931 24,537

BERKLEY INSURANCE -2,259 22,240

BERKSHIRE -5,358 54,764

CHINA TAIPING 2,761 15,254

CHUBB INS 1,290 25,463

CIGNA EUROPE 0 0

COFACE 188 9,890

DIRECT ASIA 0 0

ECICS LTD -12 40

EQ INS 94 301

ERGO 134 1,003

ETIQA PL 515 7,758

EULER HERMES 3,847 817

FACTORY MUTUAL 0 0

FIRST CAPITAL 13,007 94,535

FWD SINGAPORE 0 0

GARD (BERMUDA) 1 0 11,430

GARD MARINE 103 256

GEG 100 2,913

GREAT AMERICAN -3,471 22,305

HDI GLOBAL 9,350 13,108

HELVETIA SWISS 1,623 8,742

HL ASSURANCE 0 0

INDIA INTERNATIONAL -6,385 43,753

JAPAN SHIP OWNERS' 1 0 0

LIBERTY 650 5,686

LIBERTY SPECIALTY 5,780 8,385

LIBERTY SPECIALTY SINGAPORE 7,124 40,012

LLOYD'S ASIA SCHEME 12,526 628,597

LONPAC 0 0

MSIG -109 8,732

NORTH OF ENGLAND P&I 1 0 0

NTUC INCOME 124 1,221

QBE INS -1,521 18,514

REARDON 2 0 0

SHIPOWNERS' MUTUAL P&I 2,040 30,983

SKULD 1 264 2,608

SOMPO INS 27 3,360

STANDARD CLUB 1 -8 9,767

STARR INTERNATIONAL 691 1,485

SWISS RE INTERNATIONAL 6,942 2,748

TABLE G9 GENERAL INSURANCE: PREMIUMS OF OFFSHORE INSURANCE FUNDS FOR THE

YEAR ENDED 31ST DECEMBER 2018 (PART V)

Page 115: INSURANCE STATISTICS 2018 - mas.gov.sg

THE WEST OF ENGLAND 1 0 2,526

TOKIO MARINE INS 521 5,041

TT CLUB -5 529

UK CLUB (EUROPE) 1 0 0

UOI -349 11,997

XL INS 4,689 35,958

ZURICH 6,841 7,431

($'000)

REINSURERSCHANGE IN

PREMIUM LIABILITIESEARNED PREMIUMS

ALLIANZ SE 72,490 702,169

ASIA CAPITAL RE 27,283 378,662

ASPEN INSURANCE -2,047 14,014

CHINA REINSURANCE 8,636 131,173

DAVINCI RE 227 7,445

ENDURANCE SPECIALTY 17,310 125,877

EVEREST RE 6,372 258,708

GENERAL RE -1,497 2,418

IAG RE -17,562 148,758

KOREAN RE -1,502 92,579

MAPFRE RE -2,353 69,199

MILLI RE 318 22,831

MUNICH RE -3,302 176,029

ODYSSEY RE 10,516 258,980

PARTNER RE ASIA 19,236 224,374

QATAR RE 2 1,907 4,873

RENAISSANCE RE 5,062 26,130

SAMSUNG RE 11,638 35,916

SCOR RE AP 7,900 175,470

SINGAPORE RE -690 26,419

SIRIUS INTERNATIONAL 794 29,391

SWISS RE ASIA 445,702 1,926,920

TOA RE 2,832 39,049

TRANSATLANTIC REINSURANCE 3,318 58,118

VALIDUS RE 4,149 31,509

XL BERMUDA 369 235,322

Notes:

1 Figures are in respect of Marine Mutual Insurers' financial years ended 20 Feb 2018 or 31 Mar 2018.

2 On run-off.

Page 116: INSURANCE STATISTICS 2018 - mas.gov.sg

DIRECT INSURERSEARNED

PREMIUMS

NET CLAIMS

INCURRED

MANAGEMENT

EXPENSES

DISTRIBUTION

EXPENSES

UNDERWRITING

PROFIT (LOSS)

NET INVESTMENT

INCOME

OPERATING

PROFIT (LOSS)

ACYC 5,530 1,696 6,181 -2,691 344 110 454

AETNA 2 49 11 48 21 -31 35 4

AETNA S'PORE BRANCH 5,795 2,813 2,105 440 437 78 515

AIA SPORE 0 0 0 0 0 0 0

AIG ASIA 15,098 3,493 15,424 -9,871 6,052 826 6,878

ALLIANZ GLOBAL C&S 133,673 84,902 40,937 21,432 -13,598 9,054 -4,544

ALLIED WORLD 14,359 10,268 23,077 -9,602 -9,384 2,986 -6,398

AUTO & GENERAL 0 0 0 0 0 0 0

AVIVA 0 0 0 0 0 0 0

AXA CORPORATE 55,877 56,564 10,565 8,679 -19,930 717 -19,213

AXA INSURANCE 8,554 5,314 4,054 -409 -406 371 -35

AXIS SPECIALTY 24,537 24,511 4,419 3,281 -7,674 2,084 -5,590

BERKLEY INSURANCE 22,240 25,188 8,728 5,540 -17,215 1,880 -15,335

BERKSHIRE 54,764 48,479 8,955 10,154 -12,824 1,834 -10,990

CHINA TAIPING 15,254 10,034 2,765 5,786 -3,330 -576 -3,906

CHUBB INS 25,463 9,183 8,768 5,666 1,846 2,690 4,537

CIGNA EUROPE 0 0 0 0 0 0 0

COFACE 9,890 10,185 5,980 3,331 -9,605 1,137 -8,468

DIRECT ASIA 0 0 0 0 0 0 0

ECICS LTD 40 0 91 -24 -27 27 0

EQ INS 301 171 17 52 61 9 70

ERGO 1,003 17 1,357 533 -904 6 -898

ETIQA PL 7,758 2,416 1,049 3,919 374 58 433

EULER HERMES 817 2,160 8,110 -2,351 -7,102 267 -6,835

FACTORY MUTUAL 0 0 0 0 0 0 0

FIRST CAPITAL 94,535 65,608 12,424 -8,955 25,456 15,695 41,151

FWD SINGAPORE 0 0 0 0 0 0 0

GARD (BERMUDA) 1 11,430 6,050 241 142 4,998 155 5,152

GARD MARINE 256 822 7 333 -906 87 -819

GEG 2,913 1,137 1,675 -406 507 34 540

GREAT AMERICAN 22,305 24,131 6,786 3,690 -12,301 476 -11,825

HDI GLOBAL 13,108 10,418 3,750 1,822 -2,882 918 -1,964

HELVETIA SWISS 8,742 6,368 4,492 2,062 -4,180 273 -3,907

($'000)

TABLE G10 GENERAL INSURANCE: OPERATING RESULTS OF OFFSHORE INSURANCE FUNDS FOR THE YEAR ENDED 31ST DECEMBER 2018 (PART I)

Page 117: INSURANCE STATISTICS 2018 - mas.gov.sg

HL ASSURANCE 0 0 0 0 0 0 0

INDIA INTERNATIONAL 43,753 64,149 6,193 4,907 -31,496 6,112 -25,384

JAPAN SHIP OWNERS' 1 0 0 0 0 0 0 0

LIBERTY 5,686 3,528 927 941 290 226 516

LIBERTY SPECIALTY 8,385 1,600 3,103 2,064 1,618 357 1,975

LIBERTY SPECIALTY SINGAPORE 40,012 16,214 20,404 6,584 -3,191 1,156 -2,034

LLOYD'S ASIA SCHEME 628,597 483,891 90,217 127,467 -72,978 14,625 -58,353

LONPAC 0 0 0 0 0 0 0

MSIG 8,732 3,566 5,690 348 -872 393 -479

NORTH OF ENGLAND P&I 1 0 0 0 0 0 0 0

NTUC INCOME 1,221 -140 549 112 699 71 770

QBE INS 18,514 12,765 10,961 -951 -4,261 1,321 -2,940

REARDON 2 0 51 886 0 -938 42 -896

SHIPOWNERS' MUTUAL P&I 30,983 4,370 14,185 11,618 810 -181 630

SKULD 1 2,608 1,250 1,830 1,140 -1,611 0 -1,611

SOMPO INS 3,360 -1,160 1,707 50 2,764 1,554 4,317

STANDARD CLUB 1 9,767 -891 7,090 3,621 -53 186 134

STARR INTERNATIONAL 1,485 2,214 7,839 -8,476 -93 71 -22

SWISS RE INTERNATIONAL 2,748 38,524 35,913 -49,057 -22,632 3,956 -18,676

THE WEST OF ENGLAND 1 2,526 1,473 833 990 -771 0 -771

TOKIO MARINE INS 5,041 1,246 4,855 -5,000 3,940 622 4,562

TT CLUB 529 19 265 144 101 -17 84

UK CLUB (EUROPE) 1 0 -15 0 0 15 5 19

UOI 11,997 6,511 2,521 528 2,436 -930 1,505

XL INS 35,958 46,203 18,805 4,597 -33,647 1,780 -31,867

ZURICH 7,431 5,538 21,211 -10,944 -8,374 1,143 -7,231

REINSURERSEARNED

PREMIUMS

NET CLAIMS

INCURRED

MANAGEMENT

EXPENSES

DISTRIBUTION

EXPENSES

UNDERWRITING

PROFIT (LOSS)

NET INVESTMENT

INCOME

OPERATING

PROFIT (LOSS)

ALLIANZ SE 702,169 590,743 25,255 218,103 -131,932 23,157 -108,775

ASIA CAPITAL RE 378,662 280,712 37,761 112,191 -52,002 3,827 -48,176

ASPEN INSURANCE 14,014 8,585 9,139 -902 -2,808 2,352 -456

CHINA REINSURANCE 131,173 117,342 5,398 31,839 -23,405 778 -22,627

DAVINCI RE 7,445 -501 1,807 326 5,812 281 6,093

ENDURANCE SPECIALTY 125,877 96,815 13,106 26,029 -10,074 2,234 -7,839

EVEREST RE 258,708 210,760 12,891 51,089 -16,032 10,855 -5,176

GENERAL RE 2,418 -1,621 742 -304 3,601 766 4,367

IAG RE 148,758 32,851 4,235 22,979 88,694 -1,319 87,375

KOREAN RE 92,579 44,219 3,523 32,031 12,806 2,384 15,190

($'000)

Page 118: INSURANCE STATISTICS 2018 - mas.gov.sg

MAPFRE RE 69,199 48,186 3,378 18,582 -947 2,913 1,967

MILLI RE 22,831 22,270 3,223 6,062 -8,725 1,512 -7,213

MUNICH RE 176,029 -2,175 13,282 48,249 116,674 12,774 129,448

ODYSSEY RE 258,980 183,876 10,901 67,114 -2,911 4,281 1,370

PARTNER RE ASIA 224,374 151,612 12,902 52,291 7,569 -2,825 4,744

QATAR RE 2 4,873 14,146 1,571 2,737 -13,581 110 -13,471

RENAISSANCE RE 26,130 23,368 8,447 -1,978 -3,707 747 -2,960

SAMSUNG RE 35,916 21,364 5,213 8,028 1,312 2,213 3,525

SCOR RE AP 175,470 76,012 14,907 50,204 34,347 -2,656 31,691

SINGAPORE RE 26,419 23,997 4,767 4,916 -7,261 366 -6,894

SIRIUS INTERNATIONAL 29,391 12,392 9,091 1,617 6,291 7,527 13,818

SWISS RE ASIA 1,926,920 2,212,837 88,174 514,575 -888,665 12,927 -875,738

TOA RE 39,049 23,927 3,013 13,145 -1,037 4,105 3,069

TRANSATLANTIC REINSURANCE 58,118 36,721 6,424 11,883 3,089 745 3,834

VALIDUS RE 31,509 23,585 6,482 10,566 -9,124 764 -8,359

XL BERMUDA 235,322 175,492 23,400 62,362 -25,933 13,796 -12,137

Notes:

1 Figures are in respect of Marine Mutual Insurers' financial years ended 20 Feb 2018 or 31 Mar 2018.

2 On run-off.

Page 119: INSURANCE STATISTICS 2018 - mas.gov.sg

NET CLAIMS

INCURRED

MANAGEMENT

EXPENSES

DISTRIBUTION

EXPENSES

UNDERWRITING

PROFIT (LOSS)

ACYC 30.7 111.8 -48.7 6.2

AETNA 2 22.5 99.1 42.6 -64.1

AETNA S'PORE BRANCH 48.5 36.3 7.6 7.5

AIA SPORE 0.0 0.0 0.0 0.0

AIG ASIA 23.1 102.2 -65.4 40.1

ALLIANZ GLOBAL C&S 63.5 30.6 16.0 -10.2

ALLIED WORLD 71.5 160.7 -66.9 -65.3

AUTO & GENERAL 0.0 0.0 0.0 0.0

AVIVA 0.0 0.0 0.0 0.0

AXA CORPORATE 101.2 18.9 15.5 -35.7

AXA INSURANCE 62.1 47.4 -4.8 -4.8

AXIS SPECIALTY 99.9 18.0 13.4 -31.3

BERKLEY INSURANCE 113.3 39.2 24.9 -77.4

BERKSHIRE 88.5 16.4 18.5 -23.4

CHINA TAIPING 65.8 18.1 37.9 -21.8

CHUBB INS 36.1 34.4 22.3 7.3

CIGNA EUROPE 0.0 0.0 0.0 0.0

COFACE 103.0 60.5 33.7 -97.1

DIRECT ASIA 0.0 0.0 0.0 0.0

ECICS LTD 0.0 227.7 -59.3 -68.3

EQ INS 56.9 5.7 17.2 20.2

ERGO 1.7 135.4 53.2 -90.2

ETIQA PL 31.1 13.5 50.5 4.8

EULER HERMES 264.5 992.9 -287.9 -869.5

FACTORY MUTUAL 0.0 0.0 0.0 0.0

FIRST CAPITAL 69.4 13.1 -9.5 26.9

FWD SINGAPORE 0.0 0.0 0.0 0.0

GARD (BERMUDA) 1 52.9 2.1 1.2 43.7

GARD MARINE 320.9 2.8 130.2 -353.9

GEG 39.0 57.5 -13.9 17.4

GREAT AMERICAN 108.2 30.4 16.5 -55.2

HDI GLOBAL 79.5 28.6 13.9 -22.0

HELVETIA SWISS 72.8 51.4 23.6 -47.8

HL ASSURANCE 0.0 0.0 0.0 0.0

INDIA INTERNATIONAL 146.6 14.2 11.2 -72.0

JAPAN SHIP OWNERS' 1 0.0 0.0 0.0 0.0

LIBERTY 62.0 16.3 16.5 5.1

LIBERTY SPECIALTY 19.1 37.0 24.6 19.3

LIBERTY SPECIALTY SINGAPORE 40.5 51.0 16.5 -8.0

LLOYD'S ASIA SCHEME 77.0 14.4 20.3 -11.6

LONPAC 0.0 0.0 0.0 0.0

MSIG 40.8 65.2 4.0 -10.0

NORTH OF ENGLAND P&I 1 0.0 0.0 0.0 0.0

NTUC INCOME -11.5 45.0 9.2 57.3

QBE INS 68.9 59.2 -5.1 -23.0

REARDON 2 0.0 0.0 0.0 0.0

SHIPOWNERS' MUTUAL P&I 14.1 45.8 37.5 2.6

SKULD 1 47.9 70.1 43.7 -61.8

SOMPO INS -34.5 50.8 1.5 82.3

STANDARD CLUB 1 -9.1 72.6 37.1 -0.5

STARR INTERNATIONAL 149.1 527.8 -570.7 -6.2

SWISS RE INTERNATIONAL 1,401.8 1,306.8 -1,785.1 -823.5

% OF EARNED PREMIUMS

TABLE G10 GENERAL INSURANCE: OPERATING RESULTS OF OFFSHORE INSURANCE FUNDS FOR THE YEAR ENDED 31ST

DECEMBER 2018 (PART II)

DIRECT INSURERS

Page 120: INSURANCE STATISTICS 2018 - mas.gov.sg

THE WEST OF ENGLAND 1 58.3 33.0 39.2 -30.5

TOKIO MARINE INS 24.7 96.3 -99.2 78.2

TT CLUB 3.6 50.0 27.2 19.2

UK CLUB (EUROPE) 1 0.0 0.0 0.0 0.0

UOI 54.3 21.0 4.4 20.3

XL INS 128.5 52.3 12.8 -93.6

ZURICH 74.5 285.4 -147.3 -112.7

NET CLAIMS

INCURRED

MANAGEMENT

EXPENSES

DISTRIBUTION

EXPENSES

UNDERWRITING

PROFIT (LOSS)

ALLIANZ SE 84.1 3.6 31.1 -18.8

ASIA CAPITAL RE 74.1 10.0 29.6 -13.7

ASPEN INSURANCE 61.3 65.2 -6.4 -20.0

CHINA REINSURANCE 89.5 4.1 24.3 -17.8

DAVINCI RE -6.7 24.3 4.4 78.1

ENDURANCE SPECIALTY 76.9 10.4 20.7 -8.0

EVEREST RE 81.5 5.0 19.7 -6.2

GENERAL RE -67.0 30.7 -12.6 148.9

IAG RE 22.1 2.8 15.4 59.6

KOREAN RE 47.8 3.8 34.6 13.8

MAPFRE RE 69.6 4.9 26.9 -1.4

MILLI RE 97.5 14.1 26.6 -38.2

MUNICH RE -1.2 7.5 27.4 66.3

ODYSSEY RE 71.0 4.2 25.9 -1.1

PARTNER RE ASIA 67.6 5.8 23.3 3.4

QATAR RE 2 290.3 32.2 56.2 -278.7

RENAISSANCE RE 89.4 32.3 -7.6 -14.2

SAMSUNG RE 59.5 14.5 22.4 3.7

SCOR RE AP 43.3 8.5 28.6 19.6

SINGAPORE RE 90.8 18.0 18.6 -27.5

SIRIUS INTERNATIONAL 42.2 30.9 5.5 21.4

SWISS RE ASIA 114.8 4.6 26.7 -46.1

TOA RE 61.3 7.7 33.7 -2.7

TRANSATLANTIC REINSURANCE 63.2 11.1 20.4 5.3

VALIDUS RE 74.9 20.6 33.5 -29.0

XL BERMUDA 74.6 9.9 26.5 -11.0

% OF EARNED PREMIUMS

Notes:

1 Figures are in respect of Marine Mutual Insurers' financial years ended 20 Feb 2018 or 31 Mar 2018.

2 On run-off.

REINSURERS