Singapore | Leading financial centre in Asia
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Singapore General Insurance Industry Reports $4.7 Billion (S$6 Billion) Gross Written Premiums in Singapore Segment in 2025 (+8.4% YoY) & Total $8.7 Billion (S$11.2 Billion) Premiums Including Offshore Segment in 2025 (+3.7% YoY), Singapore Segment Reports $225 Million (S$289 Million) Profit in 2025 (+32% YoY), Top 5 Singapore Segments by Premiums are Motor 20.9%, Health 20.4%, Property 14.2%, Employer’s Liability 8% & Travel 5.5%

27th March 2026 | Hong Kong

Singapore general insurance industry has reported $4.7 billion (S$6 billion) gross written premiums in Singapore segment in 2025 (+8.4% YoY) & total $8.7 billion (S$11.2 billion) premiums including offshore segment in 2025 (+3.7% YoY).  Singapore segment reported $225 million (S$289 million) profit in 2025 (+32% YoY).  The top 5 Singapore general insurance segments by premiums are Motor 20.9%, Health 20.4%, Property 14.2%, Employer’s Liability 8% & Travel 5.5%.  Announcement (25/3/26): “Singapore’s domestic general insurance sector recorded stable growth in 2025, with gross written premiums for the domestic segment reaching S$6.09 billion, an 8.4% year-on-year increase that pushed the sector past the S$6 billion mark for the first time. The figures were released today by the General Insurance Association of Singapore (GIA). Combined gross written premiums for the domestic and offshore segments rose by 3.7% to S$11.2 billion.”  Ronak Shah, President of GIA: “The increase in claims underscores the vital role we play, reminding us of our purpose and importance of the work we do. Whether it’s an accident on the road, a fire at home, or a crisis while overseas, insurance is what enables individuals and businesses to recover financially and move forward from unexpected events.  As GIA marks its 60th anniversary, the sector remains committed to working closely with key partners and stakeholders to ensure that our customers receive the support they need when it matters and keeping insurance protection accessible and relevant for Singapore’s communities and businesses as the local and global risk landscapes continue to evolve.”

“ Singapore General Insurance Industry Reports $4.7 Billion (S$6 Billion) Gross Written Premiums in Singapore Segment in 2025 (+8.4% YoY) & Total $8.7 Billion (S$11.2 Billion) Premiums Including Offshore Segment in 2025 (+3.7% YoY), Singapore Segment Reports $225 Million (S$289 Million) Profit in 2025 (+32% YoY), Top 5 Singapore Segments by Premiums are Motor 20.9%, Health 20.4%, Property 14.2%, Employer’s Liability 8% & Travel 5.5% “

 



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Singapore General Insurance Industry Reports $4.7 Billion (S$6 Billion) Gross Written Premiums in Singapore Segment in 2025 (+8.4% YoY) & Total $8.7 Billion (S$11.2 Billion) Premiums Including Offshore Segment in 2025 (+3.7% YoY), Singapore Segment Reports $225 Million (S$289 Million) Profit in 2025 (+32% YoY), Top 5 Singapore Segments by Premiums are Motor 20.9%, Health 20.4%, Property 14.2%, Employer’s Liability 8% & Travel 5.5%

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