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INSURANCE STATISTICS
2018
Key Financial Indicators
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
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.
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.
Industry Data for 2018 Life Insurance Business
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
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
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
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
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
(%)
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
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
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
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)
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)
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
Industry Data for 2018
General Insurance Business
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
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)
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)
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)
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
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
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
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
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
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
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
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 $m %
Year Cargo Hull and Liability PropertyCasualty and
OthersTotal
($ 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
(% 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
($ 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
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
(% 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
($ 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
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
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
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)
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
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
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
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)
Statutory Returns for 2018 Life Insurance Returns
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
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
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
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)
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
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
DIRECT INSURERS
($'000)
NO. OF
POLICIES1 SUM INSURED
SINGLE
PREMIUMS
ANNUAL
PREMIUMS
NO. OF
POLICIES1 SUM INSURED
SINGLE
PREMIUMS
ANNUAL
PREMIUMS
AIA SPORE 76,172 8,490,425 1,914,642 181,759 22,523 820,405 345,217 77,661
AVIVA 7,824 640,122 31,522 27,059 14,855 533,463 29,959 83,869
AXA INSURANCE 21,845 866,221 366,459 62,000 2,559 352,121 12,158 13,152
CHINA LIFE 0 0 0 0 1,610 45,310 26,135 18,397
CHINA TAIPING 0 0 0 0 3 240 240 0
ETIQA PL 739 161,177 126,700 622 4,290 260,673 0 62,089
FRIENDS PROVIDENT 716 89,601 76,312 14,882 0 0 0 0
FWD SINGAPORE 0 0 0 0 0 1,299 0 0
GREAT EASTERN LIFE 31,584 4,480,363 1,791,895 54,448 94,904 4,752,194 3,100,179 253,385
HSBC INSURANCE 1,695 1,735,469 393,468 40,233 138 9,542 0 1,265
LIFE INSURANCE CORP 0 0 0 0 172 10,801 4,391 3,205
MANULIFE 31,116 6,475,098 1,877,952 298,180 38,590 1,425,188 458,163 332,617
NTUC INCOME 16,502 1,660,978 606,292 51,175 18,648 938,253 286,612 131,422
OLD MUTUAL INTL 275 128,075 193,484 0 0 0 0 0
PRUDENTIAL 34,963 3,509,358 713,514 102,606 76,683 3,730,259 937,578 433,985
RAFFLES HEALTH 0 0 0 0 0 0 0 0
SINGAPORE LIFE 32 396,653 93,727 3 1,692 29,376 27,600 0
ST. JAMES'S PLACE 513 148,516 148,196 0 0 0 0 0
SWISS LIFE 21 432,517 306,182 0 0 0 0 0
TOKIO MARINE LIFE 3,570 276,673 13,193 55,471 2,341 135,709 36,649 25,311
TRANSAMERICA 42 430,646 102,602 57 0 0 0 0
UTMOST WORLDWIDE 412 28,010 29,971 7,556 0 0 0 0
ZURICH INTERNATIONAL 0 0 14 0 0 0 300 10,196
TABLE L4 : INDIVIDUAL LIFE INSURANCE : NEW POLICIES ISSUED OF SINGAPORE INSURANCE FUNDS
DURING THE YEAR ENDED 31ST DECEMBER 2018 (PART I)
COMPANIES
POLICIES OTHER THAN ANNUITIES
WHOLE LIFE INSURANCE ENDOWMENT INSURANCE
DIRECT INSURERS
($'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
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
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
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
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
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
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
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
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
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)
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
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
DIRECT INSURERS
($'000)
SUM INSUREDOFFICE
PREMIUMSBENEFITS EXPENSES PREMIUMS PAD
NEGATIVE
RESERVESTOTAL
AIA SPORE 46,177,121 1,305,139 15,386,817 667,995 8,309,970 12,000,560 55,499 19,800,901
AVIVA 10,648,450 1,070,649 6,887,401 160,006 3,979,688 2,901,861 59,225 6,028,806
AXA INSURANCE 5,159,762 198,863 1,376,497 117,819 1,395,904 751,889 89,993 940,294
CHINA LIFE 7,113 4,255 11,747 8,434 14,215 5,796 21 11,783
CHINA TAIPING 0 0 0 0 0 0 0 0
ETIQA PL 1,282,653 258,833 855,355 42,802 536,538 275,358 113 637,090
FRIENDS PROVIDENT 0 0 0 0 0 0 0 0
FWD SINGAPORE 0 0 0 0 0 0 0 0
GREAT EASTERN LIFE 51,923,195 2,281,626 29,253,283 871,644 13,925,897 17,099,618 102,718 33,401,366
HSBC INSURANCE 1,298,311 72,120 729,668 26,507 388,904 199,472 229 566,972
LIFE INSURANCE CORP 0 0 0 0 0 0 0 0
MANULIFE 17,423,861 1,116,040 7,416,993 293,788 5,081,362 3,741,453 114,918 6,485,790
NTUC INCOME 52,538,112 1,451,636 19,784,689 898,515 9,094,904 14,246,512 189,800 26,024,612
OLD MUTUAL INTL 0 0 0 0 0 0 0 0
PRUDENTIAL 41,980,210 2,773,474 20,519,167 875,120 15,513,677 15,497,804 223,224 21,601,638
RAFFLES HEALTH 0 0 0 0 0 0 0 0
SINGAPORE LIFE 0 0 0 0 0 0 0 0
ST. JAMES'S PLACE 0 0 0 0 0 0 0 0
SWISS LIFE 0 0 0 0 0 0 0 0
TOKIO MARINE LIFE 13,931,490 577,798 4,631,049 271,820 2,541,406 3,573,241 1,506 5,936,210
TRANSAMERICA 0 0 0 0 0 0 0 0
UTMOST WORLDWIDE 0 0 0 0 0 0 0 0
ZURICH INTERNATIONAL 0 0 0 0 0 0 0 0
TABLE L10 : LIFE INSURANCE VALUATION RESULTS FOR THE YEAR ENDED 31ST DECEMBER 2018 (PART I)
- PARTICIPATING FUNDS (SIF)
COMPANIES
PARTICULARS OF POLICIES
VALUATIONPRESENT VALUE STATISTICS
DIRECT INSURERS
($'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)
DIRECT INSURERS
($'000)
SUM INSUREDOFFICE
PREMIUMSBENEFITS EXPENSES PREMIUMS PAD
NEGATIVE
RESERVESTOTAL TOTAL
AIA SPORE 24,153,672 452,507 746,943 407,653 2,879,836 239,523 1,414,842 -70,875 7,430,690
AVIVA 486,056 55,363 11,037 40,883 106,862 578 57,134 2,770 649,020
AXA INSURANCE 7,105,456 258,410 273,524 356,866 1,473,820 118,656 507,818 -216,956 2,046,202
CHINA LIFE 0 0 0 0 0 0 0 0 0
CHINA TAIPING 0 0 0 0 0 0 0 0 0
ETIQA PL 0 0 0 0 0 0 0 0 0
FRIENDS PROVIDENT 910,291 87,055 -1,005 17,945 101,312 5,420 62,127 -16,826 808,135
FWD SINGAPORE 0 0 0 0 0 0 0 0 0
GREAT EASTERN LIFE 11,306,611 255,511 620,771 625,482 2,366,245 -5,202 1,131,088 5,894 3,232,522
HSBC INSURANCE 4,057,291 162,319 37,932 99,276 343,646 28,271 170,490 -7,676 886,513
LIFE INSURANCE CORP 0 0 0 0 0 0 0 0 0
MANULIFE 5,705,321 1,914,623 0 0 0 0 0 0 2,385,043
NTUC INCOME 2,860,118 40,636 8,620 113,158 171,290 14,135 35,897 519 2,122,206
OLD MUTUAL INTL 1,574,101 0 -4,323 -50,723 0 1,099 22,099 -31,848 1,375,111
PRUDENTIAL 28,289,922 551,142 2,951,426 1,420,535 8,550,096 253,146 3,931,006 6,018 9,743,623
RAFFLES HEALTH 0 0 0 0 0 0 0 0 0
SINGAPORE LIFE 149,767 8,177 1,765 6,517 8,182 745 1,629 2,474 23,165
ST. JAMES'S PLACE 412,564 0 383,616 70,197 486,082 496 38,931 7,159 393,212
SWISS LIFE 1,373,985 0 2,598 3,805 23,207 26 16,822 45 990,672
TOKIO MARINE LIFE 200,259 3,442 3,096 5,055 16,668 1,063 6,580 -874 52,891
TRANSAMERICA 0 0 0 0 0 0 0 0 0
UTMOST WORLDWIDE 177,189 22,434 107,319 40,282 155,751 2,752 1,848 -3,550 159,480
ZURICH INTERNATIONAL 10,533 91,623 956,270 -685,982 347,380 44,611 1 -32,480 735,160
TABLE L10 : LIFE INSURANCE VALUATION RESULTS FOR THE YEAR ENDED 31ST DECEMBER 2018 (PART III)
- INVESTMENT LINKED (SIF)
UNIT
RESERVESCOMPANIES
PARTICULARS OF POLICIES
VALUATION
NON-UNIT RESERVES
PRESENT VALUE STATISTICS
REINSURERS
($'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
(%)
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
(%)
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
Statutory Returns for 2018
General Insurance Returns
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
($'000)
INVESTMENT REVENUE
DIRECT INSURERS
OUTWARD
REINSURANCE
PREMIUMS
GROSS
PREMIUMS
INTEREST /
DIVIDEND / RENTAL
INCOME
REALISED GAINS
(LOSSES) FROM
LAST REPORTED
VALUE / WRITE-
BACKS (WRITE-
OFFS)
UNREALISED
CHANGES FROM
LAST REPORTED
VALUE
ALLIANZ SE 1,530 94 333 -121 141 13 1,057
ASIA CAPITAL RE 14,113 2,798 5,621 -486 -6,576 44 1
ASPEN INSURANCE 9,670 6,178 206 0 0 0 10
CHINA REINSURANCE 18,631 630 171 0 0 12 89
DAVINCI RE 0 0 0 0 0 0 0
ENDURANCE SPECIALTY 1,092 268 65 0 0 0 318
EVEREST RE 4,974 0 757 0 71 32 15
GENERAL RE 3,343 656 327 0 722 13 122
IAG RE 0 0 0 0 0 0 0
KOREAN RE 13,817 206 587 0 625 12 12
MAPFRE RE 885 22 39 380 -8 176 4
MILLI RE 0 0 3 -2 -3 0 0
MUNICH RE 21,604 35 1,816 -164 303 96 249
ODYSSEY RE 4,656 0 598 302 -479 16 15
PARTNER RE ASIA 14,080 7,047 768 -5 -96 277 1
QATAR RE 2 1,003 334 0 0 0 0 161
RENAISSANCE RE 1,740 1,208 0 0 0 0 0
SAMSUNG RE 332 226 75 0 -3 0 0
SCOR RE AP 14,155 771 622 -15 -589 44 364
SINGAPORE RE 40,881 18,960 5,678 638 -5,319 232 22
SIRIUS INTERNATIONAL 3,255 1,613 215 0 23 0 241
SWISS RE ASIA 24,125 10,533 841 496 23 118 551
TOA RE 6,789 86 506 0 6 7 29
TRANSATLANTIC REINSURANCE 1,093 0 16 0 0 0 19
VALIDUS RE 0 0 0 0 0 0 0
XL BERMUDA 2,353 375 656 0 -241 44 0
Notes:
1 Figures are in respect of Marine Mutual Insurers' financial years ended 20 Feb 2018 or 31 Mar 2018.
2 On run-off.
($'000)
INVESTMENT REVENUE
OUTWARD
REINSURANCE
PREMIUMS
GROSS
PREMIUMSREINSURERS OTHERS
INVESTMENT
EXPENSES
($'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
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.
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)
($'000)
LIABILITIES
SWISS RE INTERNATIONAL 15,598 14,581 0 12,605
THE WEST OF ENGLAND 1 0 2,391 0 413
TOKIO MARINE INS 50,643 68,136 2,079 58,998
TT CLUB 68 412 0 2,016
UK CLUB (EUROPE) 1 0 2,492 0 326
UOI 17,694 36,551 2,037 21,624
XL INS 16,487 22,758 2,094 66,380
ZURICH 6,415 6,810 0 17,781
PREMIUM
LIABILITIES
CLAIMS
LIABILITIES
REINSURANCE
DEPOSITSOTHERS
ALLIANZ SE 89 7,484 45 -2,735
ASIA CAPITAL RE 7,042 23,176 0 4,669
ASPEN INSURANCE 3,786 5,630 0 14,802
CHINA REINSURANCE 5,251 21,669 0 2,088
DAVINCI RE 0 0 0 37
ENDURANCE SPECIALTY 336 1,266 0 1,251
EVEREST RE 453 9,403 0 8,155
GENERAL RE 1,317 17,205 0 2,307
IAG RE 0 0 0 0
KOREAN RE 5,208 19,937 0 326
MAPFRE RE 333 1,386 0 98
MILLI RE 0 0 0 -103
MUNICH RE 6,580 58,716 0 1,858
ODYSSEY RE 363 12,848 0 -1,934
PARTNER RE ASIA 4,508 8,087 0 5,450
QATAR RE 2 404 3,253 0 634
RENAISSANCE RE 33 639 0 301
SAMSUNG RE 980 857 0 693
SCOR RE AP 5,040 22,962 0 2,868
SINGAPORE RE 10,576 75,852 653 26,118
SIRIUS INTERNATIONAL 379 1,638 160 5,775
SWISS RE ASIA 4,844 35,765 0 10,308
TOA RE 1,991 12,960 0 292
TRANSATLANTIC REINSURANCE 178 1,705 0 310
VALIDUS RE 0 0 0 0
XL BERMUDA 409 7,579 231 9,159
Notes:
1 Figures are in respect of Marine Mutual Insurers' financial years ended 20 Feb 2018 or 31 Mar 2018.
2 On run-off.
REINSURERS
($'000)
LIABILITIES
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)
($'000)
ASSETS
SWISS RE INTERNATIONAL 0 41,003 0 0 6,940 24,557
THE WEST OF ENGLAND 1 0 0 0 0 3,641 888
TOKIO MARINE INS 51,910 237,623 67,250 0 44,882 22,783
TT CLUB 0 0 0 0 162 4,564
UK CLUB (EUROPE) 1 0 0 0 0 2,684 1,800
UOI 72,874 122,187 0 0 33,778 9,204
XL INS 0 46,338 0 0 55,897 43,315
ZURICH 2,772 27,778 0 0 430 13,117
EQUITY
SECURITIES
DEBT
SECURITIES
LAND AND
BUILDINGSLOANS
CASH AND
DEPOSITSOTHERS
ALLIANZ SE 0 10,643 0 0 2,942 1,820
ASIA CAPITAL RE 841 125,504 0 0 7,218 19,874
ASPEN INSURANCE 0 0 0 0 26,038 4,885
CHINA REINSURANCE 0 0 0 0 29,653 8,455
DAVINCI RE 0 0 0 0 465 31
ENDURANCE SPECIALTY 0 0 0 0 6,998 518
EVEREST RE 0 39,795 0 0 3,163 1,380
GENERAL RE 0 29,594 0 0 4,191 1,354
IAG RE 0 0 0 0 0 0
KOREAN RE 0 21,136 0 0 16,662 6,753
MAPFRE RE 0 3,377 0 0 3,686 439
MILLI RE 0 0 0 0 271 1
MUNICH RE 0 111,723 0 0 4,347 29,339
ODYSSEY RE 0 10,911 0 0 10,939 520
PARTNER RE ASIA 0 32,551 0 0 2,343 6,786
QATAR RE 2 0 0 0 0 5,251 212
RENAISSANCE RE 0 0 0 0 938 950
SAMSUNG RE 0 0 0 0 6,097 662
SCOR RE AP 0 33,419 0 0 3,412 9,585
SINGAPORE RE 29,643 117,937 0 0 27,414 17,692
SIRIUS INTERNATIONAL 0 10,787 0 69 3,276 2,784
SWISS RE ASIA 0 107,038 0 0 2,871 13,256
TOA RE 0 33,450 0 0 730 2,679
TRANSATLANTIC REINSURANCE 0 0 0 0 7,475 218
VALIDUS RE 0 0 0 0 0 0
XL BERMUDA 0 28,085 0 0 7,899 1,610
Notes:
1 Figures are in respect of Marine Mutual Insurers' financial years ended 20 Feb 2018 or 31 Mar 2018.
2 On run-off.
REINSURERS
($'000)
ASSETS
($'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
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
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.
($'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
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
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.
($'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
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
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.
($'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
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
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.
($'000)
DIRECT INSURERSCHANGE IN
PREMIUM LIABILITIESEARNED PREMIUMS
ACYC 1,274 5,077
AETNA 2 -489 489
AETNA S'PORE BRANCH 6,491 57,282
AIA SPORE 6 16,596
AIG ASIA 6,009 137,025
ALLIANZ GLOBAL C&S 9,123 25,054
ALLIED WORLD -371 8,889
AUTO & GENERAL 1,874 2,882
AVIVA 2,325 20,711
AXA CORPORATE 1,096 7,593
AXA INSURANCE -6,164 318,276
AXIS SPECIALTY -366 1,883
BERKLEY INSURANCE 233 6,178
BERKSHIRE -567 19,210
CHINA TAIPING -4,256 67,732
CHUBB INS 7,081 92,328
CIGNA EUROPE 7,621 58,394
COFACE 2,732 7,850
DIRECT ASIA 2,761 13,844
ECICS LTD -1,197 6,851
EQ INS 3,343 46,033
ERGO -3,741 22,081
ETIQA PL 2,500 30,813
EULER HERMES -1,162 3,760
FACTORY MUTUAL 1,667 17,534
FIRST CAPITAL 659 127,314
FWD SINGAPORE 2,873 4,909
GARD (BERMUDA) 1 0 7,859
GARD MARINE 55 2,138
GEG 6,765 57,707
GREAT AMERICAN -3,580 25,576
HDI GLOBAL 150 1,702
HELVETIA SWISS 96 182
TABLE G4 GENERAL INSURANCE: PREMIUMS OF SINGAPORE INSURANCE FUNDS FOR THE
YEAR ENDED 31ST DECEMBER 2018 (PART V)
HL ASSURANCE 2,329 8,225
INDIA INTERNATIONAL -2,915 49,094
JAPAN SHIP OWNERS' 1 528 7,576
LIBERTY 5,676 138,963
LIBERTY SPECIALTY 1,202 3,772
LIBERTY SPECIALTY SINGAPORE 8,354 11,667
LLOYD'S ASIA SCHEME 865 84,391
LONPAC 2,865 12,043
MSIG -11,018 231,615
NORTH OF ENGLAND P&I 1 0 5,062
NTUC INCOME 150 317,947
QBE INS -3,254 60,511
REARDON 2 0 0
SHIPOWNERS' MUTUAL P&I 512 11,139
SKULD 1 214 2,858
SOMPO INS 5,065 85,174
STANDARD CLUB 1 29 3,592
STARR INTERNATIONAL -29 176
SWISS RE INTERNATIONAL -2,168 2,836
THE WEST OF ENGLAND 1 0 1,470
TOKIO MARINE INS 3,659 93,176
TT CLUB 14 716
UK CLUB (EUROPE) 1 0 2,207
UOI -441 29,396
XL INS 2,131 11,187
ZURICH 93 3,964
($'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
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.
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
($'000)
TABLE G5 GENERAL INSURANCE: OPERATING RESULTS OF SINGAPORE INSURANCE FUNDS FOR THE YEAR ENDED 31ST DECEMBER 2018 (PART I)
UOI 29,396 2,946 10,321 -5,975 22,103 -5,486 16,618
XL INS 11,187 15,320 7,984 -1,040 -11,077 909 -10,168
ZURICH 3,964 2,592 10,426 -4,300 -4,754 120 -4,634
REINSURERSEARNED
PREMIUMS
NET CLAIMS
INCURRED
MANAGEMENT
EXPENSES
DISTRIBUTION
EXPENSES
UNDERWRITING
PROFIT (LOSS)
NET INVESTMENT
INCOME
OPERATING
PROFIT (LOSS)
ALLIANZ SE 1,433 -1,315 63 207 2,477 339 2,817
ASIA CAPITAL RE 9,163 16 4,343 2,820 1,984 -1,485 498
ASPEN INSURANCE 3,555 1,409 1,607 12 527 206 733
CHINA REINSURANCE 17,611 14,093 693 5,660 -2,837 159 -2,678
DAVINCI RE 0 0 0 0 0 0 0
ENDURANCE SPECIALTY 750 644 53 177 -124 65 -59
EVEREST RE 5,182 2,406 242 1,676 858 796 1,654
GENERAL RE 2,085 -705 2,687 -705 808 1,036 1,844
IAG RE 0 0 0 0 0 0 0
KOREAN RE 12,355 8,590 399 4,216 -849 1,199 350
MAPFRE RE 836 505 49 176 106 235 341
MILLI RE 0 0 0 0 0 -2 -2
MUNICH RE 21,853 5,458 1,828 4,231 10,337 1,860 12,196
ODYSSEY RE 5,087 4,604 140 1,306 -962 406 -556
PARTNER RE ASIA 5,806 3,203 268 1,412 924 391 1,314
QATAR RE 2 1,114 2,053 230 252 -1,422 0 -1,422
RENAISSANCE RE 500 276 171 -40 94 0 94
SAMSUNG RE 326 130 34 35 127 72 199
SCOR RE AP 13,381 7,513 953 2,517 2,398 -26 2,372
SINGAPORE RE 25,196 12,552 2,376 7,572 2,696 765 3,461
SIRIUS INTERNATIONAL 1,591 529 378 340 345 238 583
SWISS RE ASIA 14,796 6,021 855 1,518 6,403 1,242 7,645
TOA RE 6,575 2,614 476 2,334 1,151 504 1,656
TRANSATLANTIC REINSURANCE 1,063 424 116 152 372 16 387
VALIDUS RE 0 0 0 0 0 0 0
XL BERMUDA 2,093 569 308 44 1,172 372 1,543
($'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.
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
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
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
($'000)
INVESTMENT REVENUE
GROSS
PREMIUMSDIRECT INSURERS OTHERS
INVESTMENT
EXPENSES
OUTWARD
REINSURANCE
PREMIUMS
ZURICH 88,763 74,491 1,633 196 -551 136 8,816
INTEREST /
DIVIDEND /
RENTAL INCOME
REALISED GAINS
(LOSSES) FROM
LAST REPORTED
VALUE / WRITE-
BACKS (WRITE-
OFFS)
UNREALISED
CHANGES FROM
LAST REPORTED
VALUE
ALLIANZ SE 833,565 58,906 39,760 -7,816 -8,095 692 8,321
ASIA CAPITAL RE 478,212 72,267 29,763 1,962 -24,619 3,279 76
ASPEN INSURANCE 54,952 42,986 2,283 1,341 -1,254 18 57
CHINA REINSURANCE 145,022 5,213 773 0 68 64 83
DAVINCI RE 15,784 8,112 281 0 0 0 0
ENDURANCE SPECIALTY 246,738 103,551 4,831 -857 -1,490 250 46
EVEREST RE 265,080 0 24,298 1,431 -14,262 612 171
GENERAL RE 1,118 196 343 -84 517 10 333
IAG RE 385,476 254,279 28,449 -1,216 -27,668 884 429
KOREAN RE 104,407 13,330 4,158 -92 -1,649 34 247
MAPFRE RE 68,358 1,513 721 4,853 -79 2,582 7
MILLI RE 23,672 523 1,531 -19 0 0 374
MUNICH RE 182,382 9,655 7,949 -6,516 11,655 315 285
ODYSSEY RE 300,428 30,932 13,077 -2,883 -4,894 1,019 283
PARTNER RE ASIA 612,542 368,932 13,709 -10,481 -6,280 -228 46
QATAR RE 2 6,877 97 572 -288 -173 0 35
RENAISSANCE RE 109,970 78,778 747 0 0 0 0
SAMSUNG RE 144,235 96,681 1,693 -314 852 17 3
SCOR RE AP 209,671 26,301 8,010 -741 -9,160 766 19,516
SINGAPORE RE 85,849 60,120 2,602 348 -2,316 268 8
SIRIUS INTERNATIONAL 74,243 44,058 5,290 -397 2,634 0 1,991
SWISS RE ASIA 3,467,107 1,094,485 27,901 -1,293 -11,627 2,055 24,188
TOA RE 42,293 412 5,015 -34 -843 32 340
TRANSATLANTIC REINSURANCE 61,582 146 643 -131 254 21 591
VALIDUS RE 36,478 819 1,569 -162 -643 0 109
XL BERMUDA 282,561 46,870 11,781 -1,933 4,369 421 3,783
($'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
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
($'000)
TABLE G7 GENERAL INSURANCE PROFIT & LOSS ACCOUNT: OUTGO OF OFFSHORE INSURANCE FUNDS
FOR THE YEAR ENDED 31ST DECEMBER 2018
SWISS RE INTERNATIONAL 92,353 47,486 35,913 -49,057 598 9,471
THE WEST OF ENGLAND 1 1,433 936 833 990 976 0
TOKIO MARINE INS 36,720 35,706 4,855 -5,000 753 797
TT CLUB 298 273 265 144 -11 56
UK CLUB (EUROPE) 1 32 28 0 0 -18 3
UOI 9,427 2,082 2,521 528 -1,183 -274
XL INS 42,692 23,136 18,805 4,597 31,336 359
ZURICH 27,162 23,543 21,211 -10,944 8,760 6,059
REINSURERSGROSS
CLAIMS
REINSURANCE
RECOVERABLES
MANAGEMENT
EXPENSES
DISTRIBUTION
EXPENSES
INCREASE
(DECREASE) IN
POLICY LIABILITIES
OTHERS
ALLIANZ SE 329,942 22,344 25,255 218,103 355,635 -5,173
ASIA CAPITAL RE 288,049 108,927 37,761 112,191 128,872 14,308
ASPEN INSURANCE 30,158 18,390 9,139 -902 -5,230 2,989
CHINA REINSURANCE 47,199 0 5,398 31,839 78,779 -4,013
DAVINCI RE 424 210 1,807 326 -488 1,214
ENDURANCE SPECIALTY 122,817 50,054 13,106 26,029 41,362 12,283
EVEREST RE 92,240 0 12,891 51,089 124,892 1,947
GENERAL RE 820 125 742 -304 -3,814 869
IAG RE 338,796 154,947 4,235 22,979 -168,559 9,690
KOREAN RE 55,370 2,400 3,523 32,031 -10,252 1,620
MAPFRE RE 24,343 0 3,378 18,582 21,489 1,370
MILLI RE 13,696 121 3,223 6,062 9,013 40
MUNICH RE 80,087 0 13,282 48,249 -85,564 15,475
ODYSSEY RE 122,067 258 10,901 67,114 72,584 87
PARTNER RE ASIA 288,482 182,529 12,902 52,291 64,894 35,547
QATAR RE 2 17,176 13,242 1,571 2,737 12,119 602
RENAISSANCE RE 32,608 25,618 8,447 -1,978 21,441 3,200
SAMSUNG RE 27,057 15,502 5,213 8,028 21,446 332
SCOR RE AP 139,747 24,397 14,907 50,204 -31,437 3,428
SINGAPORE RE 41,749 28,401 4,767 4,916 9,959 1,830
SIRIUS INTERNATIONAL 34,009 15,881 9,091 1,617 -4,941 1,458
SWISS RE ASIA 2,106,165 1,787,069 88,174 514,575 2,339,442 -65,991
TOA RE 22,011 -4 3,013 13,145 4,745 50
TRANSATLANTIC REINSURANCE 32,529 30 6,424 11,883 7,541 312
VALIDUS RE 21,413 1,725 6,482 10,566 8,046 1,349
XL BERMUDA 141,466 7,889 23,400 62,362 42,285 -2,410
($'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.
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)
($'000)
LIABILITIES
SWISS RE INTERNATIONAL 61,374 48,709 0 80,367
THE WEST OF ENGLAND 1 0 976 0 1,357
TOKIO MARINE INS 3,450 1,474 18,702 17,103
TT CLUB 46 210 0 998
UK CLUB (EUROPE) 1 0 22 0 3
UOI 4,588 15,202 806 3,848
XL INS 56,894 84,963 557 219,633
ZURICH 24,064 13,085 0 34,019
PREMIUM
LIABILITIES
CLAIMS
LIABILITIES
REINSURANCE
DEPOSITSOTHERS
ALLIANZ SE 223,959 1,116,103 1,106 15,471
ASIA CAPITAL RE 180,062 584,136 0 49,701
ASPEN INSURANCE 14,473 36,211 0 64,422
CHINA REINSURANCE 43,362 116,006 0 11,113
DAVINCI RE 1,157 13,239 0 3,345
ENDURANCE SPECIALTY 54,083 152,097 61 74,339
EVEREST RE 34,328 401,519 0 11,619
GENERAL RE 1,124 11,963 0 732
IAG RE 109,531 91,414 0 -323,757
KOREAN RE 36,561 99,391 760 5,584
MAPFRE RE 24,646 52,698 0 16,966
MILLI RE 11,043 35,396 0 1,908
MUNICH RE 41,285 219,836 0 23,893
ODYSSEY RE 72,048 347,895 0 87,961
PARTNER RE ASIA 99,611 418,513 7 238,489
QATAR RE 2 7,168 17,971 0 18,666
RENAISSANCE RE 12,536 62,831 0 42,566
SAMSUNG RE 22,615 35,275 1,013 40,197
SCOR RE AP 56,490 275,450 120 716
SINGAPORE RE 15,073 60,699 2,214 19,010
SIRIUS INTERNATIONAL 5,596 53,533 9,404 144,875
SWISS RE ASIA 543,405 2,524,181 26,180 149,895
TOA RE 14,348 70,611 0 1,558
TRANSATLANTIC REINSURANCE 25,861 49,049 0 2,956
VALIDUS RE 14,702 48,679 0 5,642
XL BERMUDA 116,114 286,848 12,034 40,452
Notes:
1 Figures are in respect of Marine Mutual Insurers' financial years ended 20 Feb 2018 or 31 Mar 2018.
2 On run-off.
REINSURERS
($'000)
LIABILITIES
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)
($'000)
ASSETS
SWISS RE INTERNATIONAL 0 119,729 0 0 5,091 121,565
THE WEST OF ENGLAND 1 0 0 0 0 3,675 1,852
TOKIO MARINE INS 4,999 18,182 0 0 20,632 26,331
TT CLUB 0 0 0 0 11 5,091
UK CLUB (EUROPE) 1 0 0 0 0 606 286
UOI 16,305 26,909 0 0 16,767 3,793
XL INS 19,640 200,880 0 0 92,290 116,004
ZURICH 6,390 43,642 0 0 4,293 48,896
EQUITY
SECURITIES
DEBT
SECURITIES
LAND AND
BUILDINGSLOANS
CASH AND
DEPOSITSOTHERS
ALLIANZ SE 1,512,862 379,484 0 0 159,021 236,789
ASIA CAPITAL RE 420,892 400,093 0 0 48,760 406,512
ASPEN INSURANCE 0 73,837 0 0 35,657 31,695
CHINA REINSURANCE 0 75,971 0 0 29,416 73,447
DAVINCI RE 19,126 0 0 0 1,215 6,623
ENDURANCE SPECIALTY 0 143,634 0 34 98,994 126,885
EVEREST RE 0 892,448 0 0 54,314 87,379
GENERAL RE 0 24,183 0 0 1,108 2,200
IAG RE 275,058 38,275 0 0 34,923 238,572
KOREAN RE 0 152,199 0 0 24,903 54,173
MAPFRE RE 0 45,584 0 0 10,881 48,663
MILLI RE 0 0 0 0 59,108 14,698
MUNICH RE 0 383,681 0 0 9,619 96,805
ODYSSEY RE 27,177 452,209 0 0 45,674 103,923
PARTNER RE ASIA 23,101 520,210 0 0 32,157 368,378
QATAR RE 2 0 12,940 0 0 26,287 8,254
RENAISSANCE RE 69,951 0 0 0 10,168 64,571
SAMSUNG RE 0 20,561 0 0 82,413 48,071
SCOR RE AP 44,810 227,836 0 0 6,552 126,953
SINGAPORE RE 10,401 46,653 6,166 0 28,771 26,674
SIRIUS INTERNATIONAL 0 206,203 0 0 16,187 52,994
SWISS RE ASIA 281,133 1,729,767 0 0 35,323 2,324,946
TOA RE 0 240,298 0 0 6,402 24,249
TRANSATLANTIC REINSURANCE 0 43,987 0 0 31,393 29,833
VALIDUS RE 0 64,389 0 0 19,108 19,753
XL BERMUDA 0 412,923 0 0 37,070 176,996
Notes:
1 Figures are in respect of Marine Mutual Insurers' financial years ended 20 Feb 2018 or 31 Mar 2018.
2 On run-off.
REINSURERS
($'000)
ASSETS
($'000)
CARGO HULL & LIABILITY PROPERTYCASUALTY &
OTHERS
ACYC 0 0 0 25,490
AETNA 2 0 0 0 0
AETNA S'PORE BRANCH 0 0 0 5,725
AIA SPORE 0 0 0 0
AIG ASIA 5,385 27,528 25,238 17,934
ALLIANZ GLOBAL C&S 5,574 14,895 135,161 30,952
ALLIED WORLD 5,161 52 79,185 6,837
AUTO & GENERAL 0 0 0 0
AVIVA 0 0 0 0
AXA CORPORATE 47,130 7,467 60,174 5,778
AXA INSURANCE 1,052 61 12,397 5,195
AXIS SPECIALTY 669 339 122,867 21,700
BERKLEY INSURANCE 2,127 899 9,342 14,667
BERKSHIRE 4,837 3,651 216,340 24,214
CHINA TAIPING 3,386 934 13,083 11,396
CHUBB INS 4,357 3,336 54,170 22,882
CIGNA EUROPE 0 0 0 0
COFACE 0 0 0 15,135
DIRECT ASIA 0 0 0 0
ECICS LTD 0 0 0 121
EQ INS 166 15 314 371
ERGO 2,858 764 53 770
ETIQA PL 538 0 7,977 0
EULER HERMES 0 0 0 31,299
FACTORY MUTUAL 0 0 0 0
FIRST CAPITAL 1,545 51,801 144,842 74,195
FWD SINGAPORE 0 0 0 0
GARD (BERMUDA) 1 0 34,651 0 0
GARD MARINE 0 744 0 0
GEG 1,840 245 7,739 1,749
GREAT AMERICAN 8,538 19,322 715 2,329
HDI GLOBAL 4,535 0 42,141 1,465
HELVETIA SWISS 3,405 95 9,638 0
HL ASSURANCE 0 0 0 0
INDIA INTERNATIONAL 1,114 43,522 26,077 426
JAPAN SHIP OWNERS' 1 0 0 0 0
LIBERTY 1,393 0 59 5,531
LIBERTY SPECIALTY 651 151 3,038 15,804
LIBERTY SPECIALTY SINGAPORE 3,009 4,301 31,461 73,071
LLOYD'S ASIA SCHEME 78,857 171,964 389,147 143,020
LONPAC 0 0 0 0
MSIG 13,771 532 4,039 1,936
NORTH OF ENGLAND P&I 1 0 0 0 0
NTUC INCOME 443 193 1,559 31
QBE INS 8,205 11,846 35,327 17,687
REARDON 2 0 0 0 0
SHIPOWNERS' MUTUAL P&I 0 92,046 0 0
SKULD 1 0 11,332 0 0
SOMPO INS 5,405 33 307 2,094
STANDARD CLUB 1 0 40,248 0 0
STARR INTERNATIONAL 3,184 0 105,391 7,671
TABLE G9 GENERAL INSURANCE: PREMIUMS OF OFFSHORE INSURANCE FUNDS FOR THE YEAR ENDED 31ST
DECEMBER 2018 (PART I)
GROSS PREMIUMS
DIRECT INSURERS
SWISS RE INTERNATIONAL 3,822 12,776 68,045 32,788
THE WEST OF ENGLAND 1 0 8,413 0 0
TOKIO MARINE INS 10,335 678 93,721 21,668
TT CLUB 0 2,058 0 0
UK CLUB (EUROPE) 1 0 0 0 0
UOI 383 145 14,483 9,657
XL INS 21,156 10,269 43,165 74,304
ZURICH 3,586 0 46,801 38,375
($'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
($'000)
CARGO HULL & LIABILITY PROPERTYCASUALTY &
OTHERS
ACYC 0 0 0 4,221
AETNA 2 0 0 0 0
AETNA S'PORE BRANCH 0 0 0 0
AIA SPORE 0 0 0 0
AIG ASIA 472 0 0 686
ALLIANZ GLOBAL C&S 606 2 0 118
ALLIED WORLD 36 -2 2,105 94
AUTO & GENERAL 0 0 0 0
AVIVA 0 0 0 0
AXA CORPORATE 1,567 39 278 0
AXA INSURANCE 87 8 2,407 100
AXIS SPECIALTY 0 0 0 0
BERKLEY INSURANCE 0 0 0 0
BERKSHIRE 0 0 0 0
CHINA TAIPING 756 7 67 990
CHUBB INS 38 0 14,074 88
CIGNA EUROPE 0 0 0 0
COFACE 0 0 0 0
DIRECT ASIA 0 0 0 0
ECICS LTD 0 0 0 0
EQ INS 41 11 146 86
ERGO 1,810 146 27 691
ETIQA PL 104 0 0 0
EULER HERMES 0 0 0 0
FACTORY MUTUAL 0 0 0 0
FIRST CAPITAL 426 14,456 65,959 4,189
FWD SINGAPORE 0 0 0 0
GARD (BERMUDA) 1 0 0 0 0
GARD MARINE 0 0 0 0
GEG 704 100 804 1,351
GREAT AMERICAN 3,947 5,821 468 244
HDI GLOBAL 594 0 0 0
HELVETIA SWISS 0 0 0 0
HL ASSURANCE 0 0 0 0
INDIA INTERNATIONAL 8 1,504 9,554 134
JAPAN SHIP OWNERS' 1 0 0 0 0
LIBERTY 146 0 0 0
LIBERTY SPECIALTY 0 0 0 0
LIBERTY SPECIALTY SINGAPORE 22 -5 460 -40
LLOYD'S ASIA SCHEME 258 252 22 -178
LONPAC 0 0 0 0
MSIG 4,287 0 2,286 27
NORTH OF ENGLAND P&I 1 0 0 0 0
NTUC INCOME 118 61 404 4
QBE INS 1,563 37 2,352 237
REARDON 2 0 0 0 0
SHIPOWNERS' MUTUAL P&I 0 0 0 0
SKULD 1 0 0 0 0
SOMPO INS 248 4 81 1,155
STANDARD CLUB 1 0 0 0 0
TABLE G9 GENERAL INSURANCE: PREMIUMS OF OFFSHORE INSURANCE FUNDS FOR THE YEAR ENDED 31ST
DECEMBER 2018 (PART II)
REINSURANCE CEDED IN SINGAPORE
DIRECT INSURERS
STARR INTERNATIONAL 0 0 23,519 0
SWISS RE INTERNATIONAL 0 0 0 -163
THE WEST OF ENGLAND 1 0 0 0 0
TOKIO MARINE INS 584 383 857 2,353
TT CLUB 0 0 0 0
UK CLUB (EUROPE) 1 0 0 0 0
UOI 155 83 4,177 4,140
XL INS 0 0 0 0
ZURICH 449 0 46 0
($'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
($'000)
CARGO HULL & LIABILITY PROPERTYCASUALTY &
OTHERS
ACYC 0 0 0 14,572
AETNA 2 0 0 0 0
AETNA S'PORE BRANCH 0 0 0 22
AIA SPORE 0 0 0 0
AIG ASIA 3,473 27,358 16,781 12,819
ALLIANZ GLOBAL C&S 127 100 47,679 1,669
ALLIED WORLD 4,420 46 66,070 5,970
AUTO & GENERAL 0 0 0 0
AVIVA 0 0 0 0
AXA CORPORATE 18,954 899 26,923 1,286
AXA INSURANCE 279 22 4,433 3,480
AXIS SPECIALTY 552 258 101,628 17,668
BERKLEY INSURANCE 1,112 499 4,266 1,177
BERKSHIRE 3,887 2,932 173,382 19,434
CHINA TAIPING 1,612 156 5,476 1,718
CHUBB INS 1,188 895 30,414 11,294
CIGNA EUROPE 0 0 0 0
COFACE 0 0 0 5,057
DIRECT ASIA 0 0 0 0
ECICS LTD 0 0 0 94
EQ INS 21 0 116 50
ERGO 13 617 2 1
ETIQA PL 137 0 0 0
EULER HERMES 0 0 0 26,634
FACTORY MUTUAL 0 0 0 0
FIRST CAPITAL 843 13,806 58,680 6,483
FWD SINGAPORE 0 0 0 0
GARD (BERMUDA) 1 0 23,221 0 0
GARD MARINE 0 385 0 0
GEG 284 73 5,019 225
GREAT AMERICAN 294 1,174 38 83
HDI GLOBAL 1,846 0 22,901 342
HELVETIA SWISS 76 95 2,603 0
HL ASSURANCE 0 0 0 0
INDIA INTERNATIONAL 238 10,580 11,581 172
JAPAN SHIP OWNERS' 1 0 0 0 0
LIBERTY 47 0 26 428
LIBERTY SPECIALTY 326 100 529 4,524
LIBERTY SPECIALTY SINGAPORE 909 1,150 20,551 41,658
LLOYD'S ASIA SCHEME 10,691 31,609 66,281 32,929
LONPAC 0 0 0 0
MSIG 1,144 532 1,749 1,632
NORTH OF ENGLAND P&I 1 0 0 0 0
NTUC INCOME 40 35 217 2
QBE INS 2,424 6,603 31,236 11,619
REARDON 2 0 0 0 0
SHIPOWNERS' MUTUAL P&I 0 59,023 0 0
SKULD 1 0 8,460 0 0
SOMPO INS 1,523 29 703 710
STANDARD CLUB 1 0 30,489 0 0
TABLE G9 GENERAL INSURANCE: PREMIUMS OF OFFSHORE INSURANCE
FUNDS FOR THE YEAR ENDED 31ST DECEMBER 2018 (PART III)
REINSURANCE CEDED OUTSIDE SINGAPORE
DIRECT INSURERS
STARR INTERNATIONAL 3,101 0 81,159 6,291
SWISS RE INTERNATIONAL 3,721 12,011 62,534 29,638
THE WEST OF ENGLAND 1 0 5,888 0 0
TOKIO MARINE INS 4,475 288 92,699 19,201
TT CLUB 0 1,534 0 0
UK CLUB (EUROPE) 1 0 0 0 0
UOI 13 2 3,420 1,031
XL INS 13,199 6,642 30,442 57,963
ZURICH 1,605 0 38,154 34,236
($'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
($'000)
CARGO HULL & LIABILITY PROPERTYCASUALTY &
OTHERS
ACYC 0 0 0 6,696
AETNA 2 0 0 0 0
AETNA S'PORE BRANCH 0 0 0 5,703
AIA SPORE 0 0 0 0
AIG ASIA 1,440 170 8,456 4,429
ALLIANZ GLOBAL C&S 4,842 14,793 87,481 29,165
ALLIED WORLD 704 8 11,009 773
AUTO & GENERAL 0 0 0 0
AVIVA 0 0 0 0
AXA CORPORATE 26,609 6,529 32,974 4,492
AXA INSURANCE 686 30 5,558 1,615
AXIS SPECIALTY 117 80 21,239 4,032
BERKLEY INSURANCE 1,015 400 5,076 13,490
BERKSHIRE 950 719 42,958 4,779
CHINA TAIPING 1,018 770 7,540 8,687
CHUBB INS 3,131 2,440 9,682 11,500
CIGNA EUROPE 0 0 0 0
COFACE 0 0 0 10,078
DIRECT ASIA 0 0 0 0
ECICS LTD 0 0 0 27
EQ INS 104 4 52 234
ERGO 1,035 0 23 78
ETIQA PL 296 0 7,977 0
EULER HERMES 0 0 0 4,664
FACTORY MUTUAL 0 0 0 0
FIRST CAPITAL 276 23,539 20,204 63,523
FWD SINGAPORE 0 0 0 0
GARD (BERMUDA) 1 0 11,430 0 0
GARD MARINE 0 359 0 0
GEG 852 72 1,916 173
GREAT AMERICAN 4,297 12,327 210 2,001
HDI GLOBAL 2,095 0 19,239 1,123
HELVETIA SWISS 3,330 0 7,035 0
HL ASSURANCE 0 0 0 0
INDIA INTERNATIONAL 869 31,438 4,941 120
JAPAN SHIP OWNERS' 1 0 0 0 0
LIBERTY 1,201 0 33 5,103
LIBERTY SPECIALTY 325 50 2,510 11,280
LIBERTY SPECIALTY SINGAPORE 2,077 3,155 10,450 31,454
LLOYD'S ASIA SCHEME 67,908 140,103 322,844 110,268
LONPAC 0 0 0 0
MSIG 8,340 0 5 277
NORTH OF ENGLAND P&I 1 0 0 0 0
NTUC INCOME 285 97 938 24
QBE INS 4,217 5,206 1,739 5,831
REARDON 2 0 0 0 0
SHIPOWNERS' MUTUAL P&I 0 33,023 0 0
SKULD 1 0 2,872 0 0
SOMPO INS 3,634 1 -478 230
STANDARD CLUB 1 0 9,759 0 0
STARR INTERNATIONAL 84 0 713 1,380
TABLE G9 GENERAL INSURANCE: PREMIUMS OF OFFSHORE INSURANCE FUNDS FOR THE YEAR ENDED 31ST
DECEMBER 2018 (PART IV)
NET PREMIUMS
DIRECT INSURERS
SWISS RE INTERNATIONAL 101 765 5,511 3,313
THE WEST OF ENGLAND 1 0 2,526 0 0
TOKIO MARINE INS 5,276 6 165 114
TT CLUB 0 524 0 0
UK CLUB (EUROPE) 1 0 0 0 0
UOI 214 61 6,887 4,486
XL INS 7,956 3,627 12,723 16,341
ZURICH 1,532 0 8,601 4,139
($'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
($'000)
DIRECT INSURERSCHANGE IN
PREMIUM LIABILITIESEARNED PREMIUMS
ACYC 1,166 5,530
AETNA 2 -49 49
AETNA S'PORE BRANCH -92 5,795
AIA SPORE 0 0
AIG ASIA -603 15,098
ALLIANZ GLOBAL C&S 2,608 133,673
ALLIED WORLD -1,865 14,359
AUTO & GENERAL 0 0
AVIVA 0 0
AXA CORPORATE 14,726 55,877
AXA INSURANCE -665 8,554
AXIS SPECIALTY 931 24,537
BERKLEY INSURANCE -2,259 22,240
BERKSHIRE -5,358 54,764
CHINA TAIPING 2,761 15,254
CHUBB INS 1,290 25,463
CIGNA EUROPE 0 0
COFACE 188 9,890
DIRECT ASIA 0 0
ECICS LTD -12 40
EQ INS 94 301
ERGO 134 1,003
ETIQA PL 515 7,758
EULER HERMES 3,847 817
FACTORY MUTUAL 0 0
FIRST CAPITAL 13,007 94,535
FWD SINGAPORE 0 0
GARD (BERMUDA) 1 0 11,430
GARD MARINE 103 256
GEG 100 2,913
GREAT AMERICAN -3,471 22,305
HDI GLOBAL 9,350 13,108
HELVETIA SWISS 1,623 8,742
HL ASSURANCE 0 0
INDIA INTERNATIONAL -6,385 43,753
JAPAN SHIP OWNERS' 1 0 0
LIBERTY 650 5,686
LIBERTY SPECIALTY 5,780 8,385
LIBERTY SPECIALTY SINGAPORE 7,124 40,012
LLOYD'S ASIA SCHEME 12,526 628,597
LONPAC 0 0
MSIG -109 8,732
NORTH OF ENGLAND P&I 1 0 0
NTUC INCOME 124 1,221
QBE INS -1,521 18,514
REARDON 2 0 0
SHIPOWNERS' MUTUAL P&I 2,040 30,983
SKULD 1 264 2,608
SOMPO INS 27 3,360
STANDARD CLUB 1 -8 9,767
STARR INTERNATIONAL 691 1,485
SWISS RE INTERNATIONAL 6,942 2,748
TABLE G9 GENERAL INSURANCE: PREMIUMS OF OFFSHORE INSURANCE FUNDS FOR THE
YEAR ENDED 31ST DECEMBER 2018 (PART V)
THE WEST OF ENGLAND 1 0 2,526
TOKIO MARINE INS 521 5,041
TT CLUB -5 529
UK CLUB (EUROPE) 1 0 0
UOI -349 11,997
XL INS 4,689 35,958
ZURICH 6,841 7,431
($'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.
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)
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)
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.
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
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