Who are the six major insurance companies in Singapore?

Singapore’s insurance industry is also very developed, and it also has six major insurance companies. These six major insurance companies were established relatively early, and their current development is also very good. So do you know which are the six major insurance companies in Singapore?

Who are the six major insurance companies in Singapore?

Online data shows that there are currently 22 insurance companies in Singapore, of which the six largest insurance companies are Great Eastern, Prudential, AIA, NTUC Income, AVIVA, and Manulife. These six insurance companies account for 78% of the Singapore insurance market share, and they are also leading companies in the insurance industry. So if you want to buy insurance in Singapore, you can go to the official websites of these six insurance companies. They have many types of insurance, whether it is personal insurance or financial insurance. However, the insurance offered by these companies is also relatively expensive, so if your funds are not very sufficient, you can also check out some small insurance companies.

The development of Singapore’s insurance industry

Singapore is a highly developed capitalist country, so the insurance industry is also developing very well. After all, many people want to Go buy insurance so that you can protect your personal safety and property safety. But the per capita income gap in Singapore is also very large, so rich people are very rich and poor people are also very poor. However, those extremely wealthy people also have a strong pursuit of insurance. Their pursuit has also promoted the development of the entire insurance industry and provided many jobs for society. For example, many people have become insurance salesmen.

Summary

Singapore has six major insurance companies, of which the top four occupy more than 70% of the market share. Therefore, the development of these insurance companies in Singapore is also very good, and they occupy the best advantages. However, the products launched by these insurance companies are also very cost-effective, and they are also very cost-effective to purchase.