Insurance Statistics 2019 - Monetary Authority of Singapore

INSURANCE STATISTICS

2019

Key Financial Indicators

INSURANCE DEVELOPMENT DATA 2000 2010 2016 2017 2018 2019

Total Industry Assets* ($m) 45,409.8 149,335.3 225,060.3 254,625.4 272,006.8 347,310.0

Insurance Development :

Per Capita Expenditure ($)

- Life Insurance 2,615.5 3,791.5 5,777.2 7,059.1 7,904.0 7,787.9

- General Insurance 521.0 856.5 1,009.7 997.6 1,022.0 1,081.7

As % of GDP

- Domestic Life Sums Insured 158.0 195.3 275.2 272.5 267.7 280.2

- Domestic Life Premiums 5.3 4.4 5.5 6.3 6.4 6.2

- Domestic General Premiums 1.1 1.0 1.0 0.9 0.8 0.9

- Domestic Life Fund Assets 21.7 36.6 42.4 45.7 42.8 50.7

- Domestic General Fund Assets 2.6 2.6 2.7 2.4 2.2 2.2

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

LIFE INSURANCE DATA 2000 2010 2017 2018 2019

SINGAPORE INSURANCE FUND

$m $m $m $m $m

Total New Business1:

No. of Policies 617,204 1,064,968 1,276,882 1,292,825 1,293,369

Sum Insured 41,293 91,616 212,062 221,310 233,596

Annual Premiums 706 1,451 3,346 3,534 4,100

Total Business in Force1:

No. of Policies 4,009,071 11,763,706 14,284,458 14,786,714 15,280,886

Sum Insured 252,591 629,475 1,218,725 1,314,982 1,422,400

Annual Premiums 5,072 9,213 18,353 19,825 22,011

New Annuity Business

No. of Policies 5,144 2,186 346 448 2,286

Considerations 266 152 25 38 7

Annuity Business in Force:

No. of Policies 22,866 72,286 66,478 65,589 66,577

Annual Payments3 104 588 504 486 507

Net Premium: 8,535

Direct Insurers 14,300 27,992 31,571 31,356

Professional Reinsurers 143 495 133 313

Benefit Payment 2,009 10,082 16,225 16,546 18,097

Total Assets2: 34,761 118,013 204,256 210,336 257,291

% % % % %

Surrender Rate: 2.4 2.3 2.2 1.9 2.0

Average 2-year Persistency Rate: 93.8 93.7 96.1 95.8 NA

OFFSHORE INSURANCE FUND

$m $m $m $m $m

Net Premium:

Direct Insurers 4.2 1,535 -220 892 1,024

Professional Reinsurers 207.4 2,103 3,092 6,690 626

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 2017 2018 2019

SINGAPORE INSURANCE FUND 1

$m $m $m $m $m

Gross Premiums 2 1,700.2 3,230.6 3,956.3 4,082.1 4,355.2

Net Premiums 1,276.6 2,518.1 2,503.4 2,611.3 2,756.5

Retention Ratio (%) 75.1 77.9 63.3 64.0 63.3

Incurred Loss Ratios (%) 64.6 55.1 51.6 54.3 59.9

Underwriting Results 8.1 276.3 129.2 77.2 -36.9

Total Assets 4,173.3 8,363.9 10,841.2 10,884.8 11,244.0

OFFSHORE INSURANCE FUND

Gross Premiums 1,705.3 5,349.4 8,730.6 12,750.2 14,494.8

Net Premiums 1,375.1 3,670.8 5,383.5 8,032.1 9,372.4

Retention Ratio (%) 80.6 68.6 61.7 63.0 64.7

Incurred Loss Ratios (%) 66.4 64.4 44.4 82.5 77.5

Underwriting Results -135.0 19.0 806.1 -1,168.4 -954.3

Total Assets 3,793.2 11,197.0 21,362.0 26,753.4 29,691.7

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

Industry Data for 2019 Life Insurance Business

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

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

2019 1,187,068 2.9 3,069.8 12.2 10,103.8 -3.5 140,402.2 7.4

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

2019 97,873 -25.3 615.1 33.4 2,373.1 -36.0 8,511.7 -8.1

Number % Change $m % Change $m % Change

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

2019 2,286 410.3 7.3 -81.0 49.2 2,338.4

NON-LINKED

LINKED

TABLE AL 1.2

TOTAL NEW INDIVIDUAL ANNUITIES BUSINESS (SIF)

YearPolicies Single Premiums Annual Payment

TABLE AL 1.1

TOTAL NEW INDIVIDUAL BUSINESS (SIF)

YearPolicies Annual Premiums Single Premiums Sum Insured

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

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

2019 8,428 -0.6 1,034,602 9.6 415.5 23.4 1.2 -30.1 84,681.8 4.1

Note: Excludes New Group Annuity Business


2015 0.0 - 0.0 - 0.0 -

2016 0.0 - 0.0 - 0.0 -

2017 0.0 - 0.0 - 0.0 -

2018 0.0 - 0.0 - 0.0 -

2019 0.0 - 0.0 - 0.0 -

TABLE AL 1.4

TOTAL NEW GROUP ANNUITY BUSINESS (SIF)

YearPolicies Single Premiums Annual Payments

TABLE AL 1.3

TOTAL NEW GROUP BUSINESS (SIF)

YearPolicies Lives Insured Annual Premiums Single Premiums Sum Insured

TABLE AL 1.5

TOTAL NEW BUSINESS FOR LIFE REINSURERS

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

2015 48.5 -47.3 0.0 - 42,794.4 -31.6

2016 117.0 141.2 0.0 - 51,427.3 20.2

2017 249.0 112.8 0.0 - 42,402.4 -17.5

2018 111.8 -55.1 0.0 - 59,426.8 40.1

2015 1,016.7 185.6 0.0 - 165,579.3 13.6

2016 1,214.1 19.4 0.0 - 210,569.3 27.2

2017 395.1 -67.5 0.0 - 124,338.8 -41.0

2018 979.5 147.9 0.5 - 405,870.3 226.4

YearLife (Risk

Premium)

Life

(Coinsurance)

Accident and

Health

Disablility

Income

Portfolio

CoverOthers Total

2019 286.0 0.0 43.0 51.9 0.5 113.5 494.9

2019 57.8 0.0 8.7 10.5 0.1 22.9 100.0

YearAnnual Premiums Single Premiums Sum Insured

SIF

OIF

TABLE AL 1.6

GROSS PREMIUMS FOR LIFE REINSURERS BY TYPE OF BUSINESS (SIF)

($ million)

(% Total)

YearLife (Risk

Premium)

Life

(Coinsurance)

Accident and

Health

Disablility

Income

Portfolio

CoverOthers Total

2019 144.9 0.0 9.0 48.2 0.5 110.8 313.4

2019 46.2 0.0 2.9 15.4 0.2 35.4 100.0

YearLife (Risk

Premium)

Life

(Coinsurance)

Accident and

Health

Disablility

Income

Portfolio

CoverOthers Total

2019 50.7 #DIV/0 21.0 92.9 100.0 97.6 63.3

YearLife (Risk

Premium)

Life

(Coinsurance)

Accident and

Health

Disablility

Income

Portfolio

CoverOthers Total

2019 42.7 - 235.9 63.3 0.1 0.8 23.3

INCURRED LOSS RATIOS FOR LIFE REINSURERS BY TYPE OF BUSINESS (SIF)

(%)

($ million)

(% Total)

TABLE AL 1.8

RETENTION RATIOS FOR LIFE REINSURERS BY TYPE OF BUSINESS (SIF)

(%)

TABLE AL 1.9

NET PREMIUMS FOR LIFE REINSURERS BY TYPE OF BUSINESS (SIF)

TABLE AL 1.7

TABLE AL 2.1

TOTAL INDIVIDUAL BUSINESS IN FORCE (SIF)


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

2019 13,838,305 3.9 17,949.7 10.2 905,263.3 9.1

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

2019 1,406,903 -1.5 2,685.7 15.1 106,892.7 0.8

TABLE AL 2.2

TOTAL INDIVIDUAL ANNUITY BUSINESS IN FORCE (SIF)

Number % Change $m % Change

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

2019 66,576 1.5 506.9 4.4

TABLE AL 2.3

TOTAL GROUP BUSINESS IN FORCE (SIF)

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

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

2019 35,678 2.5 5,065,248 5.9 1,375.3 13.6 410,244.2 8.2

Note: Excludes Group Annuity Business in Force

Number % Change $m % Change

2015 1 0.0 0.3 -1.4

2016 1 0.0 0.2 -2.8

2017 1 0.0 0.2 -1.4

2018 1 0.0 0.2 -4.4

2019 1 0.0 0.2 0.0

TABLE AL 2.4

TOTAL GROUP ANNUITY BUSINESS IN FORCE (SIF)

YearPolicies Annual Payments

YearPolicies Lives Insured Annual Premiums Sum Insured

LINKED

YearPolicies Annual Payments

NON-LINKED

YearPolicies Annual Premiums Sum Insured

TABLE AL 2.5

TOTAL BUSINESS IN FORCE FOR LIFE REINSURERS

$m % Change $m % Change

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

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

YearAnnual Premiums Sum Insured

SIF

OIF

TABLE AL 3.1

DISTRIBUTION OF NEW INDIVIDUAL BUSINESS (SIF)

Year Whole Life Endowment Term Others Total

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

2019 11.1 21.5 13.8 53.6 100

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

2019 18.3 51.5 6.5 23.7 100

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

2019 59.6 38.9 1.4 0.1 100

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

2019 95.1 4.9 0.0 0.0 100

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

2019 98.5 1.5 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

2019 90.7 9.3 0.0 0.0 100

(%)

NON-LINKED

Number of Policies

Annual Premiums

Single Premiums

LINKED

Number of Policies

Annual Premiums

Single Premiums

TABLE AL 3.2

DISTRIBUTION OF NEW GROUP BUSINESS (SIF)

Year Term Accident Health Others Total

2015 28.1 10.3 61.6 0.0 100

2016 26.0 10.2 63.8 0.0 100

2017 27.5 6.0 66.6 -0.1 100

2018 27.1 5.4 67.5 0.0 100

2019 24.4 5.6 70.1 -0.1 100

2015 31.5 2.0 64.7 1.8 100

2016 33.7 4.2 59.9 2.2 100

2017 12.7 1.9 83.0 2.4 100

2018 16.9 1.5 78.9 2.7 100

2019 16.9 1.2 78.6 3.3 100

2015 43.5 0.0 56.5 0.0 100

2016 0.0 0.0 100.0 0.0 100

2017 0.0 0.0 100.0 0.0 100

2018 0.0 0.0 100.0 0.0 100

2019 0.0 0.0 100.0 0.0 100

Single Premiums

Annual Premiums

(%)

Number of Policies

TABLE AL 3.3

DISTRIBUTION OF INDIVIDUAL BUSINESS IN FORCE (SIF)

Year Whole Life Endowment Term Others Total

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

2019 16.1 16.8 18.0 49.1 100

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

2019 23.9 47.3 6.1 22.7 100

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

2019 81.1 18.9 0.0 0.0 100

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

2019 94.9 5.1 0.0 0.0 100

TABLE AL 3.4

DISTRIBUTION OF GROUP BUSINESS IN FORCE (SIF)

Year Term Accident Health Others Total

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

2019 22.5 1.6 73.0 2.9 100

Number of Policies

Annual Premiums

(%)

Annual Premiums

(%)

NON-LINKED

Number of Policies

Annual Premiums

LINKED

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

2015 98.9 95.4 92.8 91.6 90.6

2016 99.1 95.6 93.5 92.4

2017 99.2 96.3 94.3

2018 99.0 95.8

2019 99.1

TABLE AL 4

PERSISTENCY OF INDIVIDUAL POLICIES

Year of Issue

(%)

Persistency Rates

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

after the year of issue

TABLE AL 5.1

TERMINATION OF INDIVIDUAL BUSINESS (SIF)

YearDeath, TPD

and CIMaturity Surrender Forfeiture Expiry Others

2015 17.7 90.4 82.5 114.7 160.0 364.4

2016 21.8 87.1 86.5 89.4 210.5 588.4

2017 25.8 78.6 97.7 117.0 211.6 981.0

2018 25.2 71.2 96.9 102.0 252.1 1,024.5

2019 25.4 103.4 100.8 98.1 304.4 769.1

2015 1.8 3.1 98.3 2.9 0.7 107.5

2016 2.0 3.3 112.9 4.4 1.2 124.4

2017 1.7 4.8 118.3 3.3 0.6 117.2

2018 2.0 8.8 111.1 3.6 0.3 109.0

2019 2.1 11.1 132.1 5.4 0.6 111.4

Note: Excludes Individual Annuity Business

Year Expiry Others

2015 139.8 83.2

2016 150.7 137.1

2017 151.0 67.2

2018 167.5 86.2

2019 169.2 81.7

Note: Excludes Group Annuity Business

($ million)

Annual Premiums

($ million)

Annual Premiums

NON-LINKED

LINKED

TABLE AL 5.2

TERMINATION OF GROUP BUSINESS

(SIF)

TABLE AL 6

CLAIMS OF LIFE INSURERS (SIF)

YearDeath, TPD

and CI

Maturity/

Anticipated

Endowment

SurrendersCash

BonusesAnnuities Others

2015 970.4 6,020.8 1,220.0 352.1 263.2 1,644.2

2016 1,075.8 6,102.9 1,554.0 391.2 265.5 1,967.0

2017 1,166.0 6,045.9 1,554.6 432.4 265.9 2,310.0

2018 1,178.7 6,248.5 1,673.7 538.9 267.5 2,544.7

2019 1,462.3 6,222.0 2,175.4 536.9 267.6 3,040.3

2015 120.8 73.4 3,197.9 19.8 0.0 40.9

2016 117.2 76.3 2,985.7 27.6 0.0 50.0

2017 134.8 108.9 4,104.3 36.8 0.0 65.2

2018 122.5 181.4 3,656.5 52.3 0.0 81.0

2019 161.4 219.0 3,834.4 70.8 0.0 107.1

($ million)

NON-LINKED

LINKED

TABLE AL 7.1

NET 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

2015 3,956.5 248.5 -1,923.3 224.1 2,057.6

2016 4,257.2 880.4 2,107.8 251.4 6,994.0

2017 4,544.9 3,252.9 4,751.5 435.4 12,113.9

2018 5,135.3 765.0 -7,013.8 435.3 -1,548.8

2019 5,591.4 2,431.3 11,684.1 424.9 19,281.9

2015 391.5 497.5 -1,307.2 182.4 -600.6

2016 403.0 155.3 1,205.2 179.2 1,584.3

2017 426.2 986.7 3,406.8 202.2 4,617.5

2018 464.4 925.9 -3,683.1 193.7 -2,486.5

2019 486.8 691.8 3,346.7 193.7 4,331.6

TABLE AL 7.2

NET 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

2015 8.4 0.6 -5.4 0.4 3.2

2016 10.9 7.3 -3.2 0.7 14.3

2017 12.2 5.5 8.2 0.8 25.1

2018 14.5 -1.0 3.7 1.0 16.2

2019 11.8 5.3 4.8 0.6 21.3

2015 8.7 22.0 4.8 0.8 34.7

2016 13.2 -2.9 1.4 1.1 10.6

2017 17.3 -3.3 -25.0 1.1 -12.1

2018 45.6 -6.6 -7.5 2.2 29.3

2019 29.4 16.2 21.1 1.5 65.2

OIF

($ million)

NON-LINKED

LINKED

($ million)

SIF

Items 2015 2016 2017 2018 2019

Assets ($ millions)

Equity Securities 29,980.5 34,993.5 51,558.2 51,106.1 60,915.3

Debt Securities 89,568.8 96,708.2 100,409.5 108,806.5 129,096.1

Land & Buildings 3,266.4 3,314.7 3,415.0 3,532.7 3,682.9

Loans 3,651.9 3,490.0 3,343.3 3,449.2 3,717.8

Cash & Deposits 4,561.1 4,378.8 5,985.5 6,230.9 4,526.5

Others 939.1 643.3 2,821.3 2,350.6 3,894.6

Total Assets 131,967.7 143,528.4 167,532.7 175,476.0 205,833.2

Policy Liabilities 112,558.8 122,484.8 139,973.8 148,317.4 176,064.3

Outstanding claims 2,465.8 2,818.6 3,326.5 3,865.1 4,435.6

Others 10,045.4 10,494.7 14,214.6 13,343.1 13,358.3

Total Liabilities 125,070.0 135,798.1 157,514.9 165,525.6 193,858.1

Other Reserves -9.0

Surplus 6,897.7 7,730.2 10,017.8 9,950.4 11,984.1

% Change 12.1 29.6 -0.7 20.4

Assets ($ millions)


Debt Securities 4,889.5 5,039.7 4,617.3 4,572.0 4,856.8

Land & Buildings 0 0 0 0 0.3

Loans 14.6 23.7 21.8 19.9 17.2

Cash & Deposits 878.9 1,119.2 955.3 1,293.9 901.6

Others 167.2 211.9 264.0 218.2 307.5

Total Assets 27,568.7 29,501.1 35,345.9 33,930.2 38,631.4

Policy Liabilities 26,697.6 28,504.1 33,975.8 32,675.0 37,055.5

Outstanding claims 34.2 35.4 37.4 40.8 46.7

Others 300.7 297.2 519.6 471.5 659.3


Other Reserves -22.8

Surplus 536.2 664.3 813.0 742.9 892.6

% Change 23.9 22.4 -8.6 20.2

TABLE AL 8.1

ASSETS AND LIABILITIES OF LIFE INSURANCE FUNDS (SIF)

NON-LINKED

Liabilities

LINKED

Liabilities

Items 2015 2016 2017 2018 2019

Assets ($ millions)

Equity Securities 0.0 4.4 4.8 15.0 0.0

Debt Securities 601.8 653.2 844.4 659.1 434.2

Land & Buildings 0.0 0.0 0.0 0.0 0.0

Loans 0.0 0.0 0.0 0.0 0.0

Cash & Deposits 62.9 41.5 53.6 42.4 54.4

Others 267.5 213.2 474.8 213.0 516.8

Total Assets 932.1 912.2 1,377.5 929.5 1,005.5

Policy Liabilities 377.0 517.6 808.5 55.7 -93.0


Others 228.5 45.0 99.5 151.4 409.2

Total Liabilities 605.5 563.4 912.0 212.0 317.1

Other Reserves 0.7

Surplus 326.6 348.8 465.5 717.4 687.7

% Change 6.8 33.5 54.1 -4.1

Assets ($ millions)


Debt Securities 602.4 768.9 778.8 1,652.4 1,017.6

Land & Buildings 0 0 0 0 0.0

Loans 0.0 0.0 0.0 0.0 0.0

Cash & Deposits 171.3 237.2 159.8 144.5 233.1

Others 1,539.4 2,374.6 2,371.0 6,868.8 8,591.8

Total Assets 2,411.4 3,578.3 3,404.4 8,735.8 9,921.6

Policy Liabilities 923.9 1,481.6 1,457.1 5,258.8 1,651.4


Others 607.5 663.5 637.4 1,652.8 6,288.0



Surplus 874.5 1,420.3 1,293.4 1,806.4 1,992.1

% Change 62.4 -8.9 39.7 10.3

Liabilities

TABLE AL 8.2

ASSETS AND LIABILITIES OF LIFE REINSURERS

SIF

Liabilities

OIF

Industry Data for 2019

General Insurance Business

Net Premiums Retention Ratio

Year $m % Change In SingaporeOutside

Singapore $m %

$m $m

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

2019 4,355.2 6.7 390.7 1,378.9 2,756.5 63.3

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

2019 4,355.2 6.7 390.7 1,378.9 2,585.6 59.4

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

2019 237.5 16.4 18.6 47.9 171.0 72.0

REINSURERS

TABLE AG 1

PREMIUMS OF SINGAPORE INSURANCE FUND BUSINESS

Gross Premiums Reinsurance Ceded

INDUSTRY

DIRECT INSURERS

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

TABLE AG 2

GROSS PREMIUMS OF SINGAPORE INSURANCE FUND BUSINESS BY LINE

INDUSTRY

($ million)

(% change)

(% total)

DIRECT INSURERS

($ million)

(% change)

(% total)

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

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)

REINSURERS

($ million)

Year Cargo Marine Hull Aviation Hull Property MotorEmployers'

Liability

Personal

AccidentHealth

Public Liability/

Product

Liability

Surety EngineeringProfessional

Indemnity

Credit/ Credit-

relatedOthers Total

2019 97.5 319.7 5.9 603.3 1,117.1 372.1 382.7 586.1 149.4 119.7 108.3 167.9 149.9 175.5 4,355.1

2019

2019 2.2 7.3 0.1 13.9 25.6 8.5 8.8 13.5 3.4 2.7 2.5 3.9 3.4 4.2 100.0

2019 97.5 319.7 5.9 603.3 1,117.1 372.1 382.7 586.1 149.4 119.7 108.3 167.9 149.9 175.5 4,355.1

2019

2019 2.2 7.3 0.1 13.9 25.6 8.5 8.8 13.5 3.4 2.7 2.5 3.9 3.4 4.2 100.0

2019 13.5 20.4 0.5 74.7 41.1 7.0 10.1 0.6 8.1 13.7 6.4 4.6 8.9 27.9 237.5

2019

2019 5.7 8.6 0.2 31.4 17.3 3.0 4.3 0.2 3.4 5.8 2.7 1.9 3.7 11.8 100.0

(% total)

($ million)

(% change)

(% total)

REINSURERS

($ million)

(% change)

DIRECT INSURERS

TABLE AG 2

GROSS PREMIUMS OF SINGAPORE INSURANCE FUND BUSINESS BY LINE

INDUSTRY

($ million)

(% change)

(% total)

Year CargoHull and

LiabilityFire Motor

Work Injury

Compensation

Personal


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

TABLE AG 3

NET PREMIUMS OF SINGAPORE INSURANCE FUND BUSINESS BY LINE

INDUSTRY

($ million)

(% change)

(% total)

DIRECT INSURERS

($ million)

(% change)

(% 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

(% total)

TABLE AG 3.1


Year

Miscellaneous

($ million)

(% change)

REINSURERS

($ million)


Liability

Personal

AccidentHealth

Public Liability/

Product LiabilitySurety Engineering

Professional

Indemnity

Credit/ Credit-

relatedOthers Total

2019 66.5 142.4 1.1 256.9 959.7 272.1 242.3 392.6 84.5 73.7 35.3 72.9 60.0 96.5 2,756.5

2019

2019 2.4 5.2 0.0 9.3 34.8 9.9 8.8 14.2 3.1 2.7 1.3 2.6 2.2 3.5 100.0

2019 54.8 125.8 0.9 200.9 929.6 266.6 236.9 392.1 82.8 64.9 30.0 70.5 54.2 75.6 2,585.6

2019

2019 2.1 4.9 0.0 7.8 36.0 10.3 9.2 15.2 3.2 2.5 1.2 2.7 2.1 2.8 100.0

2019 11.8 16.5 0.2 56.0 30.1 5.5 5.4 0.5 1.7 8.9 5.3 2.3 5.8 21.0 171.0

2019

2019 6.9 9.7 0.1 32.8 17.6 3.2 3.1 0.3 1.0 5.2 3.1 1.4 3.4 12.2 100.0

(% total)

($ million)

(% change)

(% total)

REINSURERS

($ million)

(% change)

DIRECT INSURERS

TABLE AG 3

NET PREMIUMS OF SINGAPORE INSURANCE FUND BUSINESS BY LINE

INDUSTRY

($ million)

(% change)

(% total)

Year CargoHull and

LiabilityFire Motor

Work Injury

Compensation

Personal


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


Year

Miscellaneous


Liability

Personal

AccidentHealth

Public Liability/

Product

Liability

Surety EngineeringProfessional

Indemnity

Credit/ Credit-

relatedOthers Total

(%)

INDUSTRY

2019 68.2 44.5 18.5 42.6 85.9 73.1 63.3 67 56.6 61.6 32.6 43.4 40 55 63.3

DIRECT INSURERS

2019 56.2 39.4 15.9 33.3 83.2 71.6 61.9 66.9 55.4 54.2 27.7 42 36.2 43 59.4

REINSURERS

2019 86.9 81.2 32.3 75 73.2 78.9 53.1 89 21.2 64.5 82 50.1 65.4 75.2 72

TABLE AG 4

RETENTION RATIOS OF SINGAPORE INSURANCE FUND BUSINESS BY LINE

Year CargoHull and

LiabilityFire Motor

Work Injury

Compensation

Personal


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

(%)

TABLE AG 5

INCURRED LOSS RATIOS OF SINGAPORE INSURANCE FUND BUSINESS BY LINE

(%)

TABLE AG 5.1


Year

Miscellaneous


Liability

Personal

AccidentHealth

Public Liability/

Product LiabilitySurety Engineering

Professional

Indemnity

Credit/ Credit-

relatedOthers Total

(%)

INDUSTRY

2019 19.4 113.9 78.7 36.9 65.2 65.5 38.1 67.3 10.8 59 31 70 61.7 70.7 59.9

DIRECT INSURERS

2019 16.9 116.3 18.7 40.4 65.5 65.7 39 67.4 8.5 46.5 35.2 72.4 52.5 73.1 60.3

REINSURERS

2019 31.2 92.3 321.1 23.1 56 53.6 -5 -77.8 84.2 161.4 4.8 -1.4 153.1 61.1 52.8

TABLE AG 5

INCURRED LOSS RATIOS OF SINGAPORE INSURANCE FUND BUSINESS BY LINE

YearEarned

Premiums

Net Claims

Incurred

Distribution

Expenses

Management

Expenses

Underwriting

Profit / (Loss)

Net Investment

Income1

Operating Profit

/ (Loss)

INDUSTRY

($ million)

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

2019 2,677.5 1,602.5 303.9 807.9 -36.9 378.3 341.4

(% change) (% change)

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

2019 4.9 59.9 11.4 30.2 -1.4 194.1 65.9

DIRECT INSURERS

($ million)

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

2019 2,520.8 1,519.8 260.1 795.1 -54.2 340.4 286.2


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

2019 5.0 60.3 10.3 31.5 -2.2 183.1 67.5

REINSURERS

($ million)

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

2019 156.6 82.8 43.8 12.8 17.3 37.9 55.2


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

2019 2.8 52.8 27.9 8.2 11.0 351.8 57.9

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

TABLE AG 6

RESULTS OF SINGAPORE INSURANCE FUND BUSINESS

(% of Earned Premiums)



YearInterest/Dividend/Rental

Income1

Realised Gains

(Losses) from last

reported value/Write

backs (Write-offs)1

Unrealised Changes

from Last Reported

Value1

Expenses1

Net Investment

Income1

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

2019 218.9 56.4 115.8 13.7 377.4

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

2019 197.5 53.7 101.4 13.1 339.5

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

2019 21.3 2.7 14.4 0.6 37.9

1 Excludes marine mutual Insurers

TABLE AG 7

NET INVESTMENT INCOME OF SINGAPORE INSURANCE FUNDS

($ million)

INDUSTRY

DIRECT INSURERS

REINSURERS

Items 2015 2016 2017 2018 2019

INDUSTRY

($ million)

Assets


Debt Securities 6,155.4 5,971.6 5,638.9 5,751.3 6,019.0

Cash and Deposits 2,273.7 2,273.4 2,495.6 2,475.8 2,412.1

Loans 50.8 55.8 26.7 17.7 23.0

Land and Buildings 286.6 290.6 307.9 310.6 368.9

Others 1,362.7 1,593.8 1,436.3 1,447.0 1,536.5

Total Assets 1 11,070.6 11,140.7 10,841.2 10,884.8 11,244.0

Liabilities

Premium Liabilities 1 1,403.5 1,339.6 1,332.6 1,388.7 1,453.9

Claim Liabilities 1 3,110.7 2,943.6 2,779.6 2,722.3 2,767.0

Reinsurance deposits 193.3 189.9 190.1 187.0 161.4

Others 1,574.9 1,569.3 1,481.5 1,495.2 1,761.7

Total Liabilities 1 6,111.0 5,961.2 5,783.8 5,793.1 6,144.0

Other Reserves 23.4

Surplus 4,959.6 5,179.5 5,057.4 5,091.7 5,076.7

% Change in Surplus 6.6 4.4 -2.4 0.7 -0.3

DIRECT INSURERS

($ million)

Assets


Debt Securities 5,429.1 5,269.7 4,957.6 5,035.3 5,365.6

Cash and Deposits 286.6 290.6 307.9 310.6 2,207.6

Loans 50.8 55.8 26.7 17.6 23.0

Land and Buildings 2,066.6 2,080.4 2,293.0 2,291.5 368.9

Others 1,246.7 1,464.2 1,312.2 1,315.2 1,404.8

Total Assets 1 9,987.3 10,085.1 9,800.9 9,822.3 10,213.6

Liabilities




Others 1,463.2 1,460.3 1,393.2 1,402.5 1,666.5


Other Reserves 24.2

Surplus 4,396.8 4,630.3 4,522.8 4,533.1 4,545.4

% Change in Surplus 7.2 5.3 -2.3 0.2 0.3

TABLE AG 8

ASSETS AND LIABILITIES OF SINGAPORE INSURANCE FUNDS

REINSURERS

($ million)

Assets


Debt Securities 726.3 701.9 681.3 716.0 653.4

Cash and Deposits 0.0 0.0 0.0 0.0 204.5

Loans 0.0 0.0 0.0 0.1 0.0


Others 116.0 129.7 124.1 131.8 131.7

Total Assets 1 1,083.3 1,055.6 1,040.3 1,062.6 1,030.4

Liabilities

Premium Liabilities 1 59.5 55.2 60.1 60.1 73.7

Claim Liabilities 1 348.0 340.9 356.2 350.0 330.1


Others 111.7 109.0 88.3 92.7 95.2

Total Liabilities 1 520.5 506.3 505.7 503.9 499.9

Other Reserves -0.8

Surplus 562.8 549.2 534.5 558.7 531.3

% Change in Surplus 2.2 -2.4 -2.7 4.5 -4.9

1 Figures are net of reinsurers' share of policy liabilities

Net Premiums Retention Ratio

Year $m % ChangeIn Singapore

Outside

Singapore $m %

$m $m

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

2019 14,494.8 13.7 383.4 4,739.0 9,372.4 64.7

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

2019 3,854.4 13.2 281.2 2,013.5 1,559.7 40.5

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

2019 9,315.4 13.1 66.1 2,334.8 6,914.4 74.2

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

2019 1,325.0 19.6 36.0 390.7 898.3 67.8

CAPTIVE INSURERS

TABLE AG 9

PREMIUMS OF OFFSHORE INSURANCE FUND BUSINESS

Gross Premiums Reinsurance Ceded

INDUSTRY

DIRECT INSURERS

REINSURERS

Year Cargo Hull and Liability Property Casualty and Others Total

($ 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

(% 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

TABLE AG 10

GROSS PREMIUMS OF OFFSHORE INSURANCE FUND BUSINESS BY LINE

INDUSTRY

DIRECT INSURERS

($ 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

($ 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

REINSURERS

CAPTIVE INSURERS

Year Cargo Marine Hull Aviation Hull Property Motor EngineeringLiability and

OthersTotal

($ million)

2019 568.0 842.4 176.0 8,264.8 1,651.3 866.2 2,126.1 14,494.8

(% change)

2019

(% total)

2019 3.9 5.8 1.2 57.0 11.4 6.0 14.7 100.0

($ million)

2019 230.0 538.7 56.1 1,830.2 106.1 234.0 859.4 3,854.5

(% change)

2019

(% total)

2019 6.0 14.0 1.5 47.5 2.8 6.1 22.1 100.0

($ million)

2019 238.9 296.6 99.5 5,497.1 1,543.7 632.3 1,007.2 9,315.3

(% change)

2019

(% total)

2019 2.6 3.2 1.1 59.0 16.6 6.8 10.7 100.0

($ million)

2019 99.1 7.1 20.4 937.6 1.4 0.0 259.5 1,325.1

(% change)

2019

(% total)

2019 7.5 0.5 1.5 70.8 0.1 0.0 19.6 100.0

TABLE AG 10

GROSS PREMIUMS OF OFFSHORE INSURANCE FUND BUSINESS BY LINE

INDUSTRY

DIRECT INSURERS

REINSURERS

CAPTIVE INSURERS


($ 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

(% 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

TABLE AG 11

NET PREMIUMS OF OFFSHORE INSURANCE FUND BUSINESS BY LINE

INDUSTRY

DIRECT INSURERS

($ 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

($ 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

REINSURERS

CAPTIVE INSURERS


OthersTotal

($ million)

2019 437.5 561.8 64.3 5,471.0 1,028.7 677.9 1,131.1 9,372.3

(% change)

2019

(% total)

2019 4.7 6.0 0.7 58.4 11.0 7.2 12.0 100.0

($ million)

2019 147.6 286.3 10.8 607.5 79.7 96.7 331.2 1,559.8

(% change)

2019

(% total)

2019 9.5 18.4 0.7 38.9 5.1 6.2 21.2 100.0

($ million)

2019 204.2 269.6 53.5 4,252.9 947.7 581.2 605.3 6,914.4

(% change)

2019

(% total)

2019 3.0 3.9 0.8 61.5 13.7 8.4 8.7 100.0

TABLE AG 11

NET PREMIUMS OF OFFSHORE INSURANCE FUND BUSINESS BY LINE

INDUSTRY

DIRECT INSURERS

REINSURERS

($ million)

2019 85.8 6.0 0.0 610.7 1.3 0.0 194.6 898.4

(% change)

2019

(% total)

2019 9.5 0.7 0.0 68.0 0.1 0.0 21.7 100.0

CAPTIVE INSURERS


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

TABLE AG 12

RETENTION RATIOS OF OFFSHORE INSURANCE FUND BUSINESS BY LINE

(%)

INDUSTRY

DIRECT INSURERS

REINSURERS


OthersTotal

2019 77.0 66.7 36.5 66.2 62.3 78.3 53.2 64.7

2019 64.2 53.1 19.3 33.2 75.0 41.3 38.5 40.5

2019 85.5 90.9 53.8 77.4 61.4 91.9 60.1 74.2

2019 86.6 84.2 0.0 65.1 94.5 - 75.0 67.8

CAPTIVE INSURERS

TABLE AG 12

RETENTION RATIOS OF OFFSHORE INSURANCE FUND BUSINESS BY LINE

(%)

INDUSTRY

DIRECT INSURERS

REINSURERS


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

TABLE AG 13

INCURRED LOSS RATIOS OF OFFSHORE INSURANCE FUND BUSINESS BY LINE

(%)

INDUSTRY

DIRECT INSURERS

REINSURERS


OthersTotal

2019 47.4 74.8 101.0 85.3 78.8 62.3 58.2 77.5

2019 52.6 74.2 22.4 70.2 77.8 109.4 51.6 67.5

2019 37.5 77.4 117.2 93.0 78.7 55.0 66.9 83.8

2019 60.2 0.2 - 44.5 203.0 - 42.8 45.8

CAPTIVE INSURERS

TABLE AG 13

INCURRED LOSS RATIOS OF OFFSHORE INSURANCE FUND BUSINESS BY LINE

(%)

INDUSTRY

DIRECT INSURERS

REINSURERS

YearEarned

Premiums

Net Claims

Incurred

Distribution

Expenses

Management

Expenses

Underwriting

Profit / (Loss)

Net Investment

Income1

Operating Profit

/ (Loss)

($ million)

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

2019 8,005.6 6,465.5 1,707.4 787.1 -954.3 658.5 -295.8


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

2019 20.8 80.8 21.3 9.8 -11.9 269.2 -70.1

DIRECT INSURERS

($ million)

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

2019 1,497.1 1,010.9 104.4 412.1 -30.3 139.9 109.6


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

2019 5.2 67.5 7.0 27.5 -2.0 89.8 -162.0

REINSURERS

($ million)

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

2019 6,508.6 5,454.6 1,603.0 375.0 -924.0 518.6 -405.4


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

2019 25.1 83.8 24.6 5.8 -14.2 395.7 -50.2

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




YearInterest/Dividend/Rental

Income1

Realised Gains (Losses)

from last reported

value/Write backs (Write-

offs)1

Unrealised Changes from

Last Reported Value1 Expenses

1Net Investment Income

1

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

2019 351.5 63.2 266.6 23.5 657.8

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

2019 101.6 19.0 22.2 3.6 139.2

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

2019 249.9 44.2 244.4 19.9 518.6

1 Excludes marine mutual Insurers

2 Includes direct insurers and reinsurers only.

TABLE AG 15

NET INVESTMENT INCOME OF OFFSHORE INSURANCE FUNDS

($ million)

INDUSTRY 2

DIRECT INSURERS

REINSURERS

Items 2015 2016 2017 2018 2019

INDUSTRY

($ million)

Assets


Debt Securities 7,653.6 8,178.0 8,076.6 9,545.0 11,446.5


Loans 2,149.3 2,153.1 1,867.0 2,445.3 3,041.8


Others 4,767.2 5,009.8 5,176.1 7,788.7 7,791.1

Total Assets 1 21,154.8 22,190.3 21,362.0 26,753.4 29,691.7

Liabilities




Others 2,264.8 2,444.8 2,383.8 2,853.8 4,425.0



Surplus 8,984.6 9,526.7 9,264.6 10,502.4 9,141.3


DIRECT INSURERS

($ million)

Assets


Debt Securities 2,169.4 2,358.9 2,745.2 2,943.9 3,872.2


Loans 7.0 7.0 7.0 7.0 7.0


Others 1,505.5 1,760.6 1,900.8 2,049.1 2,106.6

Total Assets 1 5,713.4 6,326.8 6,521.6 7,147.5 8,074.7

Liabilities

Premium Liabilities 1 760.8 768.6 806.1 875.9 908.5



Others 1,441.6 1,705.3 1,767.8 1,996.4 2,460.0


Other Reserves 59.4

Surplus 1,698.0 1,965.9 1,958.5 1,953.9 2,232.0

TABLE AG 16

ASSETS AND LIABILITIES OF OFFSHORE INSURANCE FUNDS

% Change in Surplus 45.9 15.8 -0.4 -0.2 14.2

REINSURERS

($ million)

Assets


Debt Securities 5,464.7 5,798.6 5,323.6 6,587.4 7,565.4

Cash and Deposits 1,973.2 1,290.0 1,195.5 945.4 1,120.1

Loans 279.9 0.0 0.0 0.0 94.6


Others 2,789.5 2,647.3 2,464.5 4,800.0 4,680.7

Total Assets 1 12,063.3 12,005.9 11,124.5 15,023.5 16,409.5

Liabilities




Others 710.8 367.8 514.6 748.3 1,635.1



Surplus 5,023.4 5,022.2 4,606.5 5,259.6 5,071.0


CAPTIVE INSURERS

($ million)

Assets


Debt Securities 19.6 20.5 7.8 13.7 8.9

Cash and Deposits 894.5 953.5 938.5 1,075.4 1,116.4

Loans 1,862.4 2,146.1 1,860.0 2,438.3 2,940.2


Others 472.3 601.9 810.8 939.5 1,003.7

Total Assets 1 3,378.0 3,857.7 3,715.8 4,582.4 5,207.3

Liabilities

Premium Liabilities 1 301.1 282.5 297.2 354.4 -

Claim Liabilities 1 696.8 660.4 617.6 830.1 -


Others 112.4 371.7 101.4 109.1 329.8

Total Liabilities 1 1,114.8 1,319.0 1,016.3 1,293.5 329.8


Surplus 2,263.3 2,538.7 2,699.6 3,288.9 1,838.4

% Change in Surplus 7.2 12.2 6.3 21.8 -44.1

1 Figures are net of reinsurers' share of policy liabilities

TERRITORY 2015 2016 2017 2018 2019

($ million)

AUSTRALIA/ NEW ZEALAND 1,160.1 756.2 501.7 889.7 988.7

CHINA 741.6 695.8 859.9 2,879.1 3,525.1

HONG KONG 85.6 91.6 118.8 119.4 97.7

INDIA/ PAKISTAN/ SRI LANKA 485.6 804.0 439.0 603.6 499.8

INDONESIA 332.9 268.0 229.5 246.5 274.0

JAPAN 434.3 493.4 459.3 1,132.5 1,527.9

KOREA 376.4 373.5 332.7 567.1 305.2

MALAYSIA 106.6 65.4 52.9 147.8 110.6

MYANMAR 0.1 0.1 0.6 0.4 2.9

PHILIPPINES 190.2 160.2 142.4 162.7 181.0

TAIWAN 84.8 67.1 66.6 72.4 71.6

THAILAND 456.0 486.1 562.9 685.0 661.2

UNITED KINGDOM -1.1 13.4 16.5 20.1 52.5

UNITED STATES 1.5 3.8 15.3 30.8 58.8

VIETNAM 83.2 108.3 165.2 153.0 228.4

OTHERS 577.3 481.8 548.9 575.8 737.1

TOTAL 5,115.2 4,868.7 4,512.2 8,286.1 9,322.4

TERRITORY 2015 2016 2017 2018 2019

(% of Total)

AUSTRALIA/ NEW ZEALAND 22.7 15.5 11.1 10.7 10.6

CHINA 14.5 14.3 19.1 34.7 37.8

HONG KONG 1.7 1.9 2.6 1.4 1.0

INDIA/ PAKISTAN/ SRI LANKA 9.5 16.5 9.7 7.3 5.4

INDONESIA 6.5 5.5 5.1 3.0 2.9

JAPAN 8.5 10.1 10.2 13.7 16.4

KOREA 7.4 7.7 7.4 6.8 3.3

MALAYSIA 2.1 1.3 1.2 1.8 1.2

MYANMAR 0.0 0.0 0.0 0.0 0.0

PHILIPPINES 3.7 3.3 3.2 2.0 1.9

TAIWAN 1.7 1.4 1.5 0.9 0.8

THAILAND 8.9 10.0 12.5 8.3 7.1

UNITED KINGDOM 0.0 0.3 0.4 0.2 0.6

UNITED STATES 0.0 0.1 0.3 0.4 0.6

VIETNAM 1.6 2.2 3.7 1.8 2.5

OTHERS 11.2 9.9 12.0 7.0 7.9

TOTAL 100.0 100.0 100.0 100.0 100.0

AG 17

GROSS PREMIUMS OF OFFSHORE INSURANCE FUND BUSINESS BY TERRITORY

(REINSURERS)

Statutory Returns for 2019 Life Insurance Returns

DIRECT INSURERS

($'000)

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

AIA SPORE 1,269,047 607,611 3,238,881 467,585 610,286 8,095

AVIVA 293,751 1,823 2,007,948 39,378 304,298 32

AXA INSURANCE 12,149 227,311 404,069 245,119 42,437 3,025

CHINA LIFE 0 0 87,380 0 3 0

CHINA TAIPING 131,597 0 18,981 0 10 0

ETIQA PL 164,783 0 216,235 0 338 0

FRIENDS PROVIDENT 0 44,683 605 82,587 225 0

FWD SINGAPORE 0 0 51,060 0 2,973 0

GEG 0 0 0 0 0 0

GREAT EASTERN LIFE 3,159,279 438,382 4,075,194 298,742 267,911 9,069

HSBC INSURANCE 603,025 933 116,258 154,668 186,565 620

LIFE INSURANCE CORP 8,470 0 3,285 0 0 0

MANULIFE 1,912,662 185,504 1,525,425 606,316 936,033 0

NTUC INCOME 927,330 271,506 2,354,539 45,653 21,979 172

PRUDENTIAL 1,364,626 291,497 3,983,179 542,083 209,384 8,145

QUILTER INTERNATIONAL 0 168,195 0 0 0 523

RAFFLES HEALTH 0 0 82,887 0 32,943 0

SINGAPORE LIFE 126,009 0 12,769 3,213 -73,900 0

ST. JAMES'S PLACE 0 152,100 0 0 0 0

SWISS LIFE 0 152,199 0 0 0 1,034

TOKIO MARINE LIFE 24,239 4,773 731,960 17,808 158,237 47

TRANSAMERICA 90,732 0 10,746 0 108,552 0

UTMOST WORLDWIDE 0 30,100 0 22,269 0 0

ZURICH INTERNATIONAL 0 239 1,520 82,605 666 8

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

CHINA REINSURANCE 0 0 0 0 0 0

GENERAL RE 0 0 0 0 74 0

MAPFRE RE 0 0 0 0 0 0

MUNICH RE 0 0 0 0 2,688 0 `

PACIFIC LIFE RE 0 0 0 0 0 0

PARTNER RE ASIA 0 0 0 0 7,026 0

RGA INTL 0 0 0 0 93,656 0

SCOR RE AP 0 0 0 0 0 0

SCOR SE 0 0 0 0 3 0

SWISS RE ASIA 0 0 0 0 77,996 0

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

2019 (PART I)

COMPANIES

SINGLE PREMIUMS OTHER PREMIUMS OUTWARD REINSURANCE PREMIUMS

COMPANIES

SINGLE PREMIUMS OTHER PREMIUMS OUTWARD REINSURANCE PREMIUMS

DIRECT INSURERS

($'000)

INTEREST /

DIVIDEND /

RENTAL INCOME

REALISED GAINS

(LOSSES) FROM LAST

REPORTED VALUE /

WRITEBACK (WRITE-

OFFS)

UNREALISED

CHANGES FROM

LAST

REPORTED

VALUE

AIA SPORE 1,470,652 280,616 3,513,949 171,414 102,724

AVIVA 177,174 73,175 706,920 19,503 7,372

AXA INSURANCE 41,782 52,034 290,115 12,190 90,545

CHINA LIFE 9,618 4,373 11,634 913 364

CHINA TAIPING 3,316 -1,204 4,339 226 59

ETIQA PL 31,108 4,525 53,753 3,436 256

FRIENDS PROVIDENT 3,406 16,055 88,214 3,338 2,600

FWD SINGAPORE 935 0 -179 2 1,510

GEG 0 0 0 0 0

GREAT EASTERN LIFE 1,533,478 711,213 3,157,360 112,837 27,488

HSBC INSURANCE 210,446 67,193 677,499 14,837 45,956

LIFE INSURANCE CORP 1,580 35 753 83 0

MANULIFE 311,728 38,965 922,809 33,605 81,812

NTUC INCOME 1,138,196 487,863 1,718,322 81,182 10,100

PRUDENTIAL 791,840 1,328,166 2,732,947 121,149 35,811

QUILTER INTERNATIONAL 8,278 24,790 54,613 20,359 17,794

RAFFLES HEALTH 769 0 0 0 3,667

SINGAPORE LIFE 9,693 287 32,478 300 612

ST. JAMES'S PLACE 7,971 2,483 54,825 524 5,929

SWISS LIFE 0 0 17,136 0 5,244

TOKIO MARINE LIFE 241,103 25,299 618,443 20,114 10,388

TRANSAMERICA 82,952 2,965 225,193 2,385 202

UTMOST WORLDWIDE 659 4,170 26,613 0 4,417

ZURICH INTERNATIONAL 1,528 0 123,060 119 5,392

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 19 0 14 0 0

CHINA REINSURANCE 0 0 0 0 0

GENERAL RE 853 0 126 24 56

MAPFRE RE 0 0 0 0 0

MUNICH RE 4,164 3,622 678 159 4,391

PACIFIC LIFE RE 1,765 0 3,107 164 1,008

PARTNER RE ASIA 445 12 188 33 272

RGA INTL 746 0 262 36 0

INVESTMENT

EXPENSESOTHER INCOME

COMPANIES

INVESTMENT REVENUE

INVESTMENT

EXPENSESOTHER INCOME

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

ENDED 31ST DECEMBER 2019 (PART II)

COMPANIES

INVESTMENT REVENUE

SCOR RE AP 0 0 0 0 0

SCOR SE 207 0 48 33 0

SWISS RE ASIA 3,621 1,656 354 124 6,513

DIRECT INSURERS

($'000)

DEATH, TPD AND

CI

MATURITY/

ANTICIPATED

ENDOWMENT

SURRENDERS CASH BONUSES ANNUITIES OTHERS

AIA SPORE 343,668 542,725 1,377,388 321,052 16,331 820,386

AVIVA 155,613 768,497 96,643 0 6,767 659,521

AXA INSURANCE 37,705 33,529 327,973 14,388 0 80,083

CHINA LIFE 930 109 37 0 0 0

CHINA TAIPING 63 0 0 0 0 0

ETIQA PL 2,077 0 5,501 9,696 0 0

FRIENDS PROVIDENT 1,008 0 80,556 0 0 0

FWD SINGAPORE 3,348 0 26 0 0 41,361

GEG 0 0 0 0 0 0

GREAT EASTERN LIFE 368,615 2,405,535 942,336 157,975 33,192 458,222

HSBC INSURANCE 25,569 78,922 317,300 420 2,293 34,393

LIFE INSURANCE CORP 54 2,273 38 0 0 0

MANULIFE 59,465 137,441 693,218 60,447 0 45,856

NTUC INCOME 290,486 864,382 607,855 0 163,546 428,570

PRUDENTIAL 281,548 1,454,385 1,124,771 43,783 39,149 425,730

QUILTER INTERNATIONAL 1,120 0 115,090 0 0 0

RAFFLES HEALTH 582 0 0 2 0 59,829

SINGAPORE LIFE 2,462 0 4,837 0 0 60

ST. JAMES'S PLACE 393 0 23,438 0 0 0

SWISS LIFE 0 0 10,612 0 0 0

TOKIO MARINE LIFE 47,005 133,588 54,716 0 6,358 93,373

TRANSAMERICA 545 0 91,677 0 0 0

UTMOST WORLDWIDE 0 0 29,059 0 0 0

ZURICH INTERNATIONAL 1,434 19,648 106,750 0 0 0

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

ENDED 31ST DECEMBER 2019 (PART I)

COMPANIES

GROSS CLAIMS

DIRECT INSURERS

($'000)

COMPANIESREINSURANCE

RECOVERIES

MANAGEMENT

EXPENSES

DISTRIBUTION

EXPENSES

INCREASE

(DECREASE) IN

NET POLICY

LIABILITIES

OTHERS

AIA SPORE 460,032 276,052 730,638 5,034,486 246,329

AVIVA 121,804 186,037 227,237 806,741 27,058

AXA INSURANCE 35,561 79,174 159,076 539,807 65,408

CHINA LIFE 0 13,008 11,169 75,053 2,553

CHINA TAIPING 0 18,635 7,322 144,306 1,501

ETIQA PL 200 18,483 38,940 370,356 6,707

FRIENDS PROVIDENT 0 8,205 8,889 133,198 -2,924

FWD SINGAPORE 2,078 27,024 3,055 3,148 3,664

GEG 0 0 0 0 0

GREAT EASTERN LIFE 142,891 243,539 623,091 6,674,378 287,279

HSBC INSURANCE 82,486 50,766 79,244 1,187,478 -6,360

LIFE INSURANCE CORP 0 1,562 61 11,407 61

MANULIFE 78,625 116,472 297,297 3,052,178 119,471

NTUC INCOME 5,874 143,706 157,421 3,928,105 14,656

PRUDENTIAL 112,126 231,238 586,703 5,990,015 184,465

QUILTER INTERNATIONAL 0 3,416 5,570 127,098 223

RAFFLES HEALTH 21,910 9,695 -27 6,130 857

SINGAPORE LIFE 1,368 23,947 16,286 234,820 4,727

ST. JAMES'S PLACE 0 4,802 9,182 187,747 0

SWISS LIFE 0 3,173 3,722 158,732 303

TOKIO MARINE LIFE 123,099 48,941 39,659 1,125,612 14,489

TRANSAMERICA 59,798 7,892 -40,963 107,910 33,087

UTMOST WORLDWIDE 0 4,208 6,168 45,487 2,594

ZURICH INTERNATIONAL 911 4,604 4,494 71,321 1,098

REINSURERS

($'000)

COMPANIESREINSURANCE

RECOVERIES

MANAGEMENT

EXPENSES

DISTRIBUTION

EXPENSES

INCREASE

(DECREASE) IN

NET POLICY

LIABILITIES

OTHERS




GENERAL RE 0 2,041 1,357 -869 2,113

MAPFRE RE 0 0 0 0 0

MUNICH RE 393 7,392 315,508 -156,429 8,107

PACIFIC LIFE RE 0 3,462 954 3,882 123

PARTNER RE ASIA 3,496 510 2,498 -719 465

RGA INTL 54,537 3,030 -3,005 2,684 850


SCOR SE 0 209 1,216 6,505 -13

SWISS RE ASIA 36,988 2,586 3,750 -3,374 1,234

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

THE YEAR ENDED 31ST DECEMBER 2019 (PART II)

DIRECT INSURERS

($'000)

POLICY

LIABILITIES

OUTSTANDING

CLAIMSOTHERS

EQUITY

SECURITIESDEBT SECURITIES

AIA SPORE 40,622,839 43,728 4,734,054 14,397,995 32,476,021

AVIVA 8,371,714 64,995 626,215 4,349,494 4,607,338

AXA INSURANCE 3,423,045 67,875 359,868 2,736,603 1,024,262

CHINA LIFE 278,001 212 5,344 73,676 197,575

CHINA TAIPING 171,352 0 18,499 13,646 156,021

ETIQA PL 1,041,870 11,575 22,141 137,113 905,588

FRIENDS PROVIDENT 942,533 228 15,554 891,878 4,843

FWD SINGAPORE 38,966 1,112 8,662 0 21,754

GEG 0 0 0 0 0

GREAT EASTERN LIFE 53,500,392 1,536,421 2,547,910 15,500,035 38,205,100

HSBC INSURANCE 6,081,140 24,634 154,284 1,220,511 5,421,282

LIFE INSURANCE CORP 56,363 0 334 0 58,126

MANULIFE 12,466,274 428,759 532,367 6,250,703 6,878,756

NTUC INCOME 34,645,687 131,773 1,379,482 11,251,360 24,018,075

PRUDENTIAL 39,169,485 2,040,310 1,844,513 30,704,743 11,526,243

QUILTER INTERNATIONAL 1,509,559 0 45 1,409,521 18,614

RAFFLES HEALTH 19,134 1,852 8,553 0 0

SINGAPORE LIFE 289,975 792 13,261 24,483 297,702

ST. JAMES'S PLACE 599,463 557 1,880 590,664 9,264

SWISS LIFE 1,149,449 0 3,407 406,669 546,597

TOKIO MARINE LIFE 7,334,920 125,510 536,301 2,504,422 5,418,334

TRANSAMERICA 431,587 0 1,196,464 0 2,161,363

UTMOST WORLDWIDE 201,417 1,935 2,181 193,585 0

ZURICH INTERNATIONAL 774,648 0 6,282 806,177 0

REINSURERS

($'000)

POLICY

LIABILITIES

OUTSTANDING

CLAIMSOTHERS

EQUITY

SECURITIESDEBT SECURITIES




GENERAL RE 11,919 500 4,270 0 50,155

MAPFRE RE 0 0 0 0 0

MUNICH RE -197,690 0 295,613 0 147,160

PACIFIC LIFE RE 19,619 297 925 0 74,197

PARTNER RE ASIA 4,841 0 6,879 0 19,407

RGA INTL 16,597 0 19,200 0 28,209


SCOR SE 16,935 0 75 0 17,698

SWISS RE ASIA 34,822 0 82,247 0 97,401

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

AS AT 31ST DECEMBER 2019 (PART I)

COMPANIES

LIABILITIES ASSETS

COMPANIES

LIABILITIES ASSETS

DIRECT INSURERS

($'000)

LAND AND

BUILDINGSPOLICY LOANS OTHER LOANS

CASH AND

DEPOSITSOTHERS

AIA SPORE 592,300 347,939 57,000 409,182 2,657,481

AVIVA 0 60,346 0 206,040 649,964

AXA INSURANCE 0 22,295 0 76,856 207,695

CHINA LIFE 0 447 0 71,636 4,474

CHINA TAIPING 0 0 0 41,429 7,887

ETIQA PL 0 1,870 0 81,809 24,763

FRIENDS PROVIDENT 0 0 0 91,935 8,722

FWD SINGAPORE 0 0 0 23,761 61,066

GEG 0 0 0 0 0

GREAT EASTERN LIFE 1,670,400 881,893 628,793 2,008,800 1,904,110

HSBC INSURANCE 0 20,006 0 164,764 116,592

LIFE INSURANCE CORP 0 0 0 3,194 0

MANULIFE 0 89,176 137,117 216,563 5,628,119

NTUC INCOME 1,164,445 581,779 250,695 632,681 599,556

PRUDENTIAL 132,444 548,340 18 718,688 1,611,191

QUILTER INTERNATIONAL 0 7,505 0 146,092 7,727

RAFFLES HEALTH 0 0 0 46,912 30,187

SINGAPORE LIFE 0 0 0 45,895 20,237

ST. JAMES'S PLACE 0 0 0 7,831 213

SWISS LIFE 0 0 0 198,523 4,060

TOKIO MARINE LIFE 123,316 56,998 0 206,549 189,777

TRANSAMERICA 0 42,863 0 2,404 1,855,973

UTMOST WORLDWIDE 339 0 0 25,008 1,029

ZURICH INTERNATIONAL 0 0 0 1,500 22,199

REINSURERS

($'000)

LAND AND

BUILDINGSPOLICY LOANS OTHER LOANS

CASH AND

DEPOSITSOTHERS


ASIA CAPITAL RE 0 0 0 1,423 3


GENERAL RE 0 0 0 3,651 8,875

MAPFRE RE 0 0 0 0 0

MUNICH RE 0 0 0 24,849 570,970

PACIFIC LIFE RE 0 0 0 8,994 5,091

PARTNER RE ASIA 0 0 0 1,757 12,130

RGA INTL 0 0 0 10,258 99,556


SCOR SE 0 0 0 362 8,738

SWISS RE ASIA 0 0 0 3,151 221,088

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

AS AT 31ST DECEMBER 2019 (PART II)

COMPANIES

ASSETS

COMPANIES

ASSETS

DIRECT INSURERS

($'000)

NO. OF

POLICIES1 SUM INSURED

SINGLE

PREMIUMS

ANNUAL

PREMIUMS

NO. OF


SINGLE

PREMIUMS

ANNUAL

PREMIUMS

AIA SPORE 63,960 7,688,229 1,217,252 178,496 29,784 893,765 461,401 109,906

AVIVA 14,290 963,995 156,379 107,324 12,274 463,679 141,524 58,241

AXA INSURANCE 16,255 742,666 224,446 59,573 2,257 438,228 13,506 13,785

CHINA LIFE 1 1,038 0 361 128 1,278 0 1,223

CHINA TAIPING 672 92,603 32,248 2,523 2,639 136,228 100,374 17,025

ETIQA PL 1,609 255,563 172,010 5,941 6,170 413,168 0 80,539

FRIENDS PROVIDENT 298 50,123 41,975 6,293 0 0 0 0

FWD SINGAPORE 0 0 0 0 0 0 0 0

GEG 0 0 0 0 0 0 0 0

GREAT EASTERN LIFE 40,152 4,969,446 2,076,758 106,936 65,749 3,098,480 1,563,348 271,367

HSBC INSURANCE 1,543 2,536,312 538,753 21,961 2,208 93,711 49,548 8,021

LIFE INSURANCE CORP 0 0 0 0 135 8,890 8,770 60

MANULIFE 32,506 6,743,136 1,635,574 467,802 33,456 701,094 324,562 335,837

NTUC INCOME 14,442 1,550,495 523,007 43,499 28,394 1,462,576 679,038 165,163

PRUDENTIAL 33,588 3,733,590 856,349 94,094 74,529 3,903,268 761,928 501,872

QUILTER INTERNATIONAL 228 166,511 168,195 0 0 0 0 0

RAFFLES HEALTH 0 0 0 0 0 0 0 0

SINGAPORE LIFE 21 285,863 102,744 0 962 25,790 23,697 0

ST. JAMES'S PLACE 488 156,651 152,100 0 0 0 0 0

SWISS LIFE 15 197,075 152,199 0 0 0 0 0

TOKIO MARINE LIFE 3,975 183,137 4,774 66,727 1,595 117,662 24,556 19,349

TRANSAMERICA 41 465,558 90,509 1,506 0 0 0 0

UTMOST WORLDWIDE 245 31,036 30,062 3,770 0 0 0 0

ZURICH INTERNATIONAL 0 0 0 0 0 0 239 9,466

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

DURING THE YEAR ENDED 31ST DECEMBER 2019 (PART I)

COMPANIES

POLICIES OTHER THAN ANNUITIES

WHOLE LIFE INSURANCE ENDOWMENT INSURANCE

DIRECT INSURERS

($'000)

NO. OF


SINGLE

PREMIUMS

ANNUAL

PREMIUMS

NO. OF

POLICIES1

SINGLE

PREMIUMS

ANNUAL

PREMIUMS

AIA SPORE 12,370 9,506,230 47,904 21,190 177,425 2,230 136,881

AVIVA 28,038 26,561,181 456 69,018 44,587 0 71,021

AXA INSURANCE 4,740 2,318,818 4 9,167 39,694 0 14,607

CHINA LIFE 0 0 0 0 0 0 0

CHINA TAIPING 0 0 0 7 0 0 0

ETIQA PL 203 91,066 0 107 0 56 13

FRIENDS PROVIDENT 2 3,381 0 10 20 0 48

FWD SINGAPORE 4,161 1,105,640 0 2,962 376 0 1,311

GEG 0 0 0 0 0 0 0

GREAT EASTERN LIFE 49,886 5,810,625 3 28,228 104,823 0 124,162

HSBC INSURANCE 245 221,298 0 302 0 113 82

LIFE INSURANCE CORP 0 0 0 0 0 0 0

MANULIFE 10,523 6,288,653 28,717 10,609 10,249 2 2,578

NTUC INCOME 37,056 2,551,282 397 11,439 35,900 0 85,442

PRUDENTIAL 10,509 11,337,064 58,993 36,965 164,417 816 150,566

QUILTER INTERNATIONAL 0 0 0 0 0 0 0

RAFFLES HEALTH 0 0 0 0 2,465 0 4,684

SINGAPORE LIFE 1,966 1,636,505 0 3,950 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 4,045 2,338,794 0 6,294 405 0 175

TRANSAMERICA 2 3,263 0 71 0 0 0

UTMOST WORLDWIDE 0 0 0 0 0 0 0

ZURICH INTERNATIONAL 0 0 0 0 0 0 0


DURING THE YEAR ENDED 31ST DECEMBER 2019 (PART II)

COMPANIES


TERM INSURANCE ACCIDENT AND HEALTH INSURANCE

DIRECT INSURERS

($'000)

NO. OF


SINGLE

PREMIUMS

ANNUAL

PREMIUMS

NO. OF

POLICIES1

ANNUAL

PAYMENTS

SINGLE

PREMIUMS

ANNUAL

PREMIUMS

AIA SPORE 14,671 2,190,847 0 66,952 0 0 0 0

AVIVA 41,153 0 0 23,829 0 0 0 0

AXA INSURANCE 369 144,414 304 10,966 0 0 0 0

CHINA LIFE 0 0 0 0 2,137 48,813 0 45,283

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


GEG 0 0 0 0 0 0 0 0

GREAT EASTERN LIFE 0 3,422,655 0 11,662 0 0 0 0

HSBC INSURANCE 0 52,352 106 11,150 0 0 0 0

LIFE INSURANCE CORP 0 0 0 0 0 0 0 0

MANULIFE 1 60,258 8,693 7,590 44 0 2,219 635

NTUC INCOME 1 182,396 0 2,230 87 237 5,059 0

PRUDENTIAL 0 0 0 0 0 0 0 0

QUILTER INTERNATIONAL 0 0 0 0 0 0 0 0


SINGAPORE LIFE 30 292 278 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 18 133 0 442

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

Note:

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

COMPANIES

POLICIES OTHER THAN ANNUITIESANNUITIES

OTHER INSURANCE


DURING THE YEAR ENDED 31ST DECEMBER 2019 (PART III)

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 2,876 263,883 4,297 16,072 446,010 12,248 47,286 3,619,296 40,182 125,600 14,358,258 98,748

AVIVA 1,271 59,248 2,229 21,170 757,781 57,342 3,328 180,326 9,544 35,140 13,182,507 47,915

AXA INSURANCE 275 26,117 622 867 24,287 1,326 12,354 688,268 21,314 9,768 2,308,117 24,137

CHINA LIFE 8 929 313 0 0 0 5 -21 40 0 0 0

CHINA TAIPING 2 62 10 0 0 0 0 0 0 0 0 0

ETIQA PL 37 2,518 436 0 0 0 159 17,224 940 40 36,677 -6

FRIENDS PROVIDENT 2 233 0 0 0 0 340 45,109 2,476 19 19,990 67

FWD SINGAPORE 5 1,450 1 0 0 0 1 28 0 293 204,213 431

GEG 0 0 0 0 0 0 0 0 0 0 0 0

GREAT EASTERN LIFE 5,831 236,042 5,923 30,447 1,158,544 8,445 27,394 1,784,553 32,062 31,482 3,797,000 17,169

HSBC INSURANCE 90 19,801 333 1,689 71,565 3,734 4,741 499,228 27,704 478 396,359 2,903

LIFE INSURANCE CORP 1 50 0 42 2,102 0 1 40 0 0 0 0

MANULIFE 566 42,674 1,867 3,788 131,232 3,835 12,852 666,995 21,383 10,432 2,686,037 10,355

NTUC INCOME 8,467 176,978 6,130 15,249 524,682 3,844 16,880 832,362 20,962 50,453 2,680,792 28,906

PRUDENTIAL 1,640 142,756 4,315 25,214 853,117 21,144 37,670 2,717,510 40,613 93,544 6,469,413 66,794

QUILTER INTERNATIONAL 3 1,120 0 0 0 0 196 49,264 0 0 0 0

RAFFLES HEALTH 0 0 0 0 0 0 10 0 7 674 0 4,248

SINGAPORE LIFE 4 1,126 16 0 0 0 173 11,438 1,159 521 335,105 1,184

ST. JAMES'S PLACE 1 361 0 0 0 0 84 15,922 0 0 0 0

SWISS LIFE 0 0 0 0 0 0 8 19,552 0 0 0 0

TOKIO MARINE LIFE 247 30,100 926 1,494 59,037 1,222 2,097 283,200 9,172 1,577 574,877 1,987

TRANSAMERICA 1 544 0 0 0 0 86 253,826 680 13 39,357 225

UTMOST WORLDWIDE 1 130 60 0 0 0 131 17,190 717 0 0 0

ZURICH INTERNATIONAL 6 1,191 27 145 1,302 1,349 425 500 3,945 0 0 0

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

31ST DECEMBER 2019 (PART I)

COMPANIES


DEATH, TPD AND CI 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 3,865 173,879 8,641 3,924 1,774,066 100,276 76 286 0

AVIVA 2,470 110,644 12,008 0 26 0 46 236 0

AXA INSURANCE 1,579 201,973 5,257 7,504 119,619 6,267 0 0 0

CHINA LIFE 0 0 0 4 -40,266 367 77 1,650 1,587

CHINA TAIPING 0 0 0 24 2,983 532 0 0 0

ETIQA PL 248 12,452 1,941 697 67,391 16,478 0 0 0

FRIENDS PROVIDENT 5 201 68 -9 -155,282 7,838 0 0 0

FWD SINGAPORE 0 0 0 337 127,473 309 0 0 0

GEG 0 0 0 0 0 0 0 0 0

GREAT EASTERN LIFE 2,563 106,908 7,303 67,596 2,546,369 140,527 141 753 0

HSBC INSURANCE 145 11,394 1,527 56 139,199 17,092 6 26 0

LIFE INSURANCE CORP 0 0 0 4 330 0 0 0 0

MANULIFE 3,611 542,703 19,761 3,012 795,791 58,365 141 21,415 32

NTUC INCOME 1,199 58,859 4,200 7,135 560,084 218,289 682 2,897 0

PRUDENTIAL 11,245 467,206 40,978 10,167 1,283,795 212,796 114 525 15

QUILTER INTERNATIONAL 0 0 0 0 -83,768 0 0 0 0

RAFFLES HEALTH 0 0 0 0 0 0 0 0 0

SINGAPORE LIFE 0 0 0 53 84,860 88 0 0 0

ST. JAMES'S PLACE 0 0 0 0 -64,546 0 0 0 0

SWISS LIFE 0 0 0 0 -885 0 0 0 0

TOKIO MARINE LIFE 181 21,555 1,638 214 52,465 76,738 15 63 989

TRANSAMERICA 1 1,359 3 0 -37,670 1,866 0 0 0

UTMOST WORLDWIDE 0 0 0 3 -39,757 3,707 0 0 0

ZURICH INTERNATIONAL 37 34,148 141 0 -623 18,952 0 0 0

Note:


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

FUNDS FOR THE YEAR ENDED 31ST DECEMBER 2019 (PART II)

COMPANIES


FORFEITURE OTHERS

DIRECT INSURERS

($'000)

NO. OF


ANNUAL

PREMIUMS

NO. OF


ANNUAL

PREMIUMS

NO. OF


ANNUAL

PREMIUMS

AIA SPORE 1,020,699 93,709,909 1,363,340 313,136 8,573,805 613,388 143,288 58,886,991 149,460

AVIVA 69,719 5,390,425 216,072 159,855 7,006,643 1,001,667 110,511 111,737,763 229,232

AXA INSURANCE 151,901 9,610,880 386,603 27,312 2,803,681 109,179 30,156 11,775,437 37,490

CHINA LIFE 2 6,472 1,275 5,349 223,756 71,178 0 0 0

CHINA TAIPING 666 92,113 2,496 2,622 133,912 16,510 0 0 7

ETIQA PL 2,357 481,036 6,292 22,790 1,482,688 335,626 430 218,767 319

FRIENDS PROVIDENT 6,661 1,071,617 82,968 0 0 0 123 174,342 440

FWD SINGAPORE 0 0 0 3,536 44,957 0 4,902 1,558,264 3,730

GEG 0 0 0 0 0 0 0 0 0

GREAT EASTERN LIFE 707,514 53,689,287 1,000,567 604,638 26,984,662 1,766,503 1,004,086 66,985,642 218,332

HSBC INSURANCE 46,159 17,834,969 182,034 18,196 735,867 62,659 4,438 2,114,976 6,425

LIFE INSURANCE CORP 0 0 0 857 51,007 9,125 0 0 0

MANULIFE 240,849 37,510,909 1,356,315 172,065 5,989,416 1,170,847 45,236 25,675,561 60,351

NTUC INCOME 481,504 28,475,164 676,959 367,013 14,116,338 722,924 1,038,195 62,865,145 160,176

PRUDENTIAL 512,097 66,048,240 1,078,797 836,318 29,984,554 2,529,921 85,835 60,699,619 161,711

QUILTER INTERNATIONAL 2,454 1,773,995 0 0 0 0 0 0 0

RAFFLES HEALTH 0 0 0 0 0 0 0 0 0

SINGAPORE LIFE 1,300 847,853 6,874 2,635 54,826 0 5,804 4,689,640 12,604

ST. JAMES'S PLACE 2,119 617,477 0 0 0 0 0 0 0

SWISS LIFE 117 1,552,392 0 0 0 0 0 0 0

TOKIO MARINE LIFE 119,267 11,743,420 438,131 45,330 2,405,211 135,658 13,778 11,062,693 50,027

TRANSAMERICA 2,367 9,473,904 12,490 0 0 0 264 491,598 1,725

UTMOST WORLDWIDE 1,799 230,662 21,720 0 0 0 0 0 0

ZURICH INTERNATIONAL 25 0 0 6,516 10,011 76,828 361 397,060 1,508

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

31ST DECEMBER 2019 (PART I)

COMPANIES


WHOLE LIFE INSURANCE ENDOWMENT INSURANCE TERM INSURANCE

DIRECT INSURERS

($'000)

NO. OF

POLICIES1

ANNUAL

PREMIUMS

NO. OF


ANNUAL

PREMIUMS

NO. OF

POLICIES1

ANNUAL

PAYMENTS

ANNUAL

PREMIUMS

AIA SPORE 1,510,671 821,821 86,071 11,217,648 363,862 4,868 16,784 0

AVIVA 579,322 305,159 240,330 0 136,992 1,833 7,016 0

AXA INSURANCE 129,888 69,637 4,924 1,287,509 33,789 0 0 0

CHINA LIFE 0 0 0 0 0 2,060 47,163 43,696


ETIQA PL 0 32 0 0 0 0 0 0


FWD SINGAPORE 359 1,261 0 0 0 0 0 0

GEG 0 0 0 0 0 0 0 0

GREAT EASTERN LIFE 1,754,346 674,990 0 15,591,550 121,357 7,619 33,699 0

HSBC INSURANCE 0 707 0 2,233,716 42,854 406 2,342 0


MANULIFE 39,155 15,552 231 1,857,753 23,706 1,462 194,749 1,735

NTUC INCOME 1,231,939 574,095 10,792 1,944,239 12,714 38,973 154,457 0

PRUDENTIAL 1,203,766 860,453 800 104,861 1,945 7,869 42,478 213


RAFFLES HEALTH 4,720 24,579 0 0 0 0 0 0

SINGAPORE LIFE 0 0 30 292 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 2,681 1,203 0 0 0 1,486 8,257 5,875




Note:


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

31ST DECEMBER 2019 (PART II)

COMPANIES


ANNUITIESACCIDENT AND HEALTH

POLICIESOTHER INSURANCE

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 484 78 11,651,926 0 11,597 1,274 86 0 44,045

AVIVA 347 69 13,979,303 0 12,962 330 17 0 26,331

AXA INSURANCE 143 2 423,725 0 616 40 1 0 1,283

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 2 0 0 15

FRIENDS PROVIDENT 0 0 0 0 0 0 0 0 0

FWD SINGAPORE 20 36 3,033,526 0 2,393 78 32 0 9,586

GEG 0 0 0 0 0 0 0 0 0

GREAT EASTERN LIFE 278 32 6,169,688 0 6,179 894 86 1,212 40,705

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 160 23 844,664 0 1,294 2,913 65 0 7,114

PRUDENTIAL 308 12 1,192,196 0 1,068 782 29 0 12,466

QUILTER INTERNATIONAL 0 0 0 0 0 0 0 0 0

RAFFLES HEALTH 8 0 58,795 0 66 56 13 0 14,414

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 303 35 3,926,685 0 3,260 0 141 0 30,558

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

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

THE YEAR ENDED 31ST DECEMBER 2019 (PART I)

COMPANIES


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

ANNUAL

PAYMENTS

SINGLE

PREMIUMS

ANNUAL

PREMIUMS

AIA SPORE 0 83 5,556,377 0 52,782 0 0 0 0 0

AVIVA 0 50 17,658,591 0 47,029 0 0 0 0 0

AXA INSURANCE 0 14 2,760,817 0 13,864 0 0 0 0 0

CHINA LIFE 0 0 0 0 0 0 0 0 0 0

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

ETIQA PL 0 0 252 0 9 0 0 0 0 0

FRIENDS PROVIDENT 0 0 0 0 0 0 0 0 0 0

FWD SINGAPORE 8 9 783,838 0 5,601 0 0 0 0 0

GEG 0 0 0 0 0 0 0 0 0 0

GREAT EASTERN LIFE 0 25 3,892,814 0 15,659 0 0 0 0 0

HSBC INSURANCE 0 0 0 0 0 0 0 0 0 0

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

MANULIFE 0 3 50,058 0 1,461 0 0 0 0 0

NTUC INCOME 0 24 420,807 0 6,810 0 0 0 0 0

PRUDENTIAL 0 7 423,007 7 15,976 0 0 0 0 0

QUILTER INTERNATIONAL 0 0 0 0 0 0 0 0 0 0

RAFFLES HEALTH 0 15 118,789 0 19,158 0 0 0 0 0

SINGAPORE LIFE 0 0 0 0 0 0 0 0 0 0

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

SWISS LIFE 0 0 0 0 0 0 0 0 0 0

TOKIO MARINE LIFE 0 47 772,937 0 11,174 0 0 0 0 0

TRANSAMERICA 0 0 0 0 0 0 0 0 0 0

UTMOST WORLDWIDE 0 0 0 0 0 0 0 0 0 0

ZURICH INTERNATIONAL 0 0 0 0 0 0 0 0 0 0

Note:


COMPANIES


OTHER INSURANCE

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

THE YEAR ENDED 31ST DECEMBER 2019 (PART II)

DIRECT INSURERS

('000)

NO. OF LIVES

INSUREDSUM INSURED

ANNUAL

PREMIUMS

NO. OF

POLICIES1

NO. OF LIVES

INSUREDSUM INSURED

ANNUAL

PREMIUMS

AIA SPORE 0 43,480 65 1,719 176 9,489,830 44,827

AVIVA 0 55,625 63 0 65 12,848,551 20,314

AXA INSURANCE 0 5,677 7 278 14 1,993,552 5,953

CHINA LIFE 0 0 0 0 0 0 0


ETIQA PL 0 0 0 0 0 3,638 3

FRIENDS PROVIDENT 0 0 0 0 0 0 0

FWD SINGAPORE 0 2,795 0 32 29 1,674,406 24,608

GEG 0 0 0 0 0 0 0

GREAT EASTERN LIFE 0 15,419 80 974 38 2,856,523 12,555

HSBC INSURANCE 0 0 0 0 0 0 0


MANULIFE 0 1,627 81 0 0 0 0

NTUC INCOME 1 32,957 200 2,674 127 7,535,002 19,321

PRUDENTIAL 0 4,179 8 1,058 50 2,132,920 20,546


RAFFLES HEALTH 0 635 1 42 2 10,445 3,946

SINGAPORE LIFE 0 0 0 0 0 0 0


SWISS LIFE 0 0 0 0 0 0 0

TOKIO MARINE LIFE 0 9,173 11 287 55 1,612,047 17,156

TRANSAMERICA 0 0 0 0 0 0 0



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

SINGAPORE INSURANCE FUNDS DURING THE YEAR ENDED 31ST DECEMBER 2019 (PART I)

COMPANIES


DEATH, TPD AND CI 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 1,665 12 0 0 0 0

AVIVA 526 48 3,030,427 18,233 0 0 0 0

AXA INSURANCE -40 24 3,444,264 15,570 0 0 0 0

CHINA LIFE 0 0 0 0 0 0 0 0


ETIQA PL 0 0 1,432 0 0 0 0 0



GEG 0 0 0 0 0 0 0 0

GREAT EASTERN LIFE 0 83 6,336,039 32,289 0 0 0 0

HSBC INSURANCE 0 0 0 0 0 0 0 0


MANULIFE 0 19 74,753 2,968 0 0 0 0

NTUC INCOME 0 0 13,896 378 0 0 0 0

PRUDENTIAL 11 0 600 977 0 0 0 0


RAFFLES HEALTH 0 3 234,817 10,315 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 2 8,236 474 0 0 0 0




Note:


COMPANIES


OTHERS

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

FUNDS DURING THE YEAR ENDED 31ST DECEMBER 2019 (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 3,597 422 61,321,389 79,593 7,790 734 360,562

AVIVA 1,998 767 131,025,844 92,584 1,490 120 206,745

AXA INSURANCE 900 72 13,154,930 15,300 207 28 47,665

CHINA LIFE 0 0 0 0 0 0 0


ETIQA PL 4 1 87,562 101 2 0 127

FRIENDS PROVIDENT 0 0 0 0 0 0 0

FWD SINGAPORE 52 39 3,849,689 3,364 201 106 46,636

GEG 0 0 0 0 0 0 0

GREAT EASTERN LIFE 1,342 177 26,725,978 31,234 3,632 382 124,921

HSBC INSURANCE 0 0 0 0 0 0 0


MANULIFE 13 140 452,490 18,764 0 0 0

NTUC INCOME 695 834 12,707,055 31,962 8,695 247 35,588

PRUDENTIAL 828 258 9,762,271 16,037 1,828 87 40,212


RAFFLES HEALTH 42 9 644,810 2,792 290 73 57,985

SINGAPORE LIFE 0 0 0 0 0 0 0


SWISS LIFE 0 0 0 0 0 0 0

TOKIO MARINE LIFE 1,914 111 15,017,411 18,012 0 458 105,644

TRANSAMERICA 0 0 0 0 0 0 0



TABLE L9 : GROUP LIFE INSURANCE : POLICIES IN FORCE OF SINGAPORE INSURANCE FUNDS AS AT 31ST DECEMBER 2019 (PART I)

COMPANIES


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 15,559 0 0 0 0 0

AVIVA 0 0 25,954,717 34,540 0 0 0 0

AXA INSURANCE 2 0 141,657 1,082 0 0 0 0

CHINA LIFE 0 0 0 0 0 0 0 0


ETIQA PL 0 0 0 0 0 0 0 0



GEG 0 0 0 0 0 0 0 0

GREAT EASTERN LIFE 1 0 341 3,673 0 0 0 0

HSBC INSURANCE 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

PRUDENTIAL 149 0 8,050 186 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




Note:


COMPANIES


OTHERS

TABLE L9 : GROUP LIFE INSURANCE : POLICIES IN FORCE OF SINGAPORE INSURANCE FUNDS AS AT 31ST DECEMBER 2019 (PART II)

DIRECT INSURERS

($'000)

PRESENT VALUE

STATISTICS

SUM INSURED OFFICE PREMIUMS TOTAL

AIA SPORE 48,072,789 1,396,420 22,842,346

AVIVA 10,567,352 1,144,419 6,805,016

AXA INSURANCE 5,526,305 203,612 1,130,646

CHINA LIFE 61,425 49,106 48,880

CHINA TAIPING 126,485 18,177 44,855

ETIQA PL 1,751,861 327,519 951,699

FRIENDS PROVIDENT 0 0 0

FWD SINGAPORE 0 0 0

GEG 0 0 0

GREAT EASTERN LIFE 54,455,675 2,379,763 38,619,497

HSBC INSURANCE 1,344,751 75,594 633,186

LIFE INSURANCE CORP 0 0 0

MANULIFE 21,419,749 1,456,040 8,781,328

NTUC INCOME 38,417,938 1,355,606 28,508,079

PRUDENTIAL 46,105,714 3,082,098 26,435,297

QUILTER INTERNATIONAL 0 0 0

RAFFLES HEALTH 0 0 0

SINGAPORE LIFE 0 0 0

ST. JAMES'S PLACE 0 0 0

SWISS LIFE 0 0 0

TOKIO MARINE LIFE 13,917,136 551,103 7,030,659

TRANSAMERICA 0 0 0

UTMOST WORLDWIDE 0 0 0

TABLE L10 : LIFE INSURANCE VALUATION RESULTS FOR THE YEAR ENDED 31ST DECEMBER 2019

(PART I) - PARTICIPATING FUNDS (SIF)

COMPANIES

PARTICULARS OF POLICIES VALUATION

ZURICH INTERNATIONAL 0 0 0

DIRECT INSURERS

($'000)

PRESENT VALUE

STATISTICS


AIA SPORE 264,204,964 1,867,786 9,577,699

AVIVA 337,881,525 1,005,832 994,753

AXA INSURANCE 28,124,854 206,733 139,777

CHINA LIFE 215,965 14,906 229,121

CHINA TAIPING 99,539 836 126,497

ETIQA PL 718,790 14,978 90,170

FRIENDS PROVIDENT 200,212 582 1,302

FWD SINGAPORE 8,920,800 98,219 38,966

GEG 0 0 0

GREAT EASTERN LIFE 138,004,593 1,255,131 11,076,545

HSBC INSURANCE 17,675,338 84,030 4,546,073

LIFE INSURANCE CORP 51,007 9,125 56,363

MANULIFE 48,564,831 539,417 650,611

NTUC INCOME 65,405,901 756,174 3,467,563

PRUDENTIAL 168,405,705 1,083,612 2,064,222

QUILTER INTERNATIONAL 0 0 0

RAFFLES HEALTH 821,710 85,356 19,134

SINGAPORE LIFE 5,457,773 12,604 264,258

ST. JAMES'S PLACE 0 0 0

SWISS LIFE 0 0 0

TOKIO MARINE LIFE 26,421,446 174,977 226,291

TRANSAMERICA 9,965,502 14,262 431,587

UTMOST WORLDWIDE 0 0 0

ZURICH INTERNATIONAL 397,060 1,508 807


(PART II - NON-PARTICIPATING FUNDS (SIF)

COMPANIES


DIRECT INSURERS

($'000)

SUM INSURED OFFICE PREMIUMS TOTAL TOTAL

AIA SPORE 24,905,731 487,818 8,348,399 -146,227

AVIVA 496,833 44,186 567,200 1,863

AXA INSURANCE 6,985,961 290,401 2,404,683 -252,061

CHINA LIFE 0 0 0 0

CHINA TAIPING 0 0 0 0

ETIQA PL 0 0 0 0

FRIENDS PROVIDENT 1,071,617 82,968 950,799 -9,569

FWD SINGAPORE 0 0 0 0

GEG 0 0 0 0

GREAT EASTERN LIFE 11,859,954 306,682 3,795,544 8,807

HSBC INSURANCE 3,901,943 135,056 937,207 -35,325

LIFE INSURANCE CORP 0 0 0 0

MANULIFE 5,428,808 633,048 0 0

NTUC INCOME 3,185,657 42,783 2,448,957 1,122

PRUDENTIAL 27,497,190 524,272 10,666,086 3,880

QUILTER INTERNATIONAL 1,773,995 0 1,537,070 -27,511

RAFFLES HEALTH 0 0 0 0

SINGAPORE LIFE 134,838 6,874 24,482 1,235

ST. JAMES'S PLACE 617,477 0 590,785 8,678

SWISS LIFE 1,552,392 0 1,149,395 54

TOKIO MARINE LIFE 219,759 28,469 67,427 4,208

TRANSAMERICA 0 0 0 0

UTMOST WORLDWIDE 230,662 21,720 204,663 -3,247

ZURICH INTERNATIONAL 10,011 76,828 805,684 -31,844


(PART III) - INVESTMENT LINKED (SIF)

COMPANIES

PARTICULARS OF POLICIES VALUATION UNIT RESERVES NON-UNIT RESERVES

REINSURERS

($'000)

PRESENT VALUE

STATISTICS


ALLIANZ SE 0 0 0

ASIA CAPITAL RE 0 0 0

GENERAL RE 0 22,548 11,919

MAPFRE RE 0 0 0

MUNICH RE 88,124,285 143,216 -197,690

PACIFIC LIFE RE 3,642,635 9,203 19,619

PARTNER RE ASIA 4,212,544 6,387 4,841

RGA INTL 18,020,788 21,509 16,597

SCOR RE AP 0 0 0

SCOR SE 13,544,945 12,994 16,935

SWISS RE ASIA 32,614,445 28,629 34,822

COMPANIES



(PART IV) - PROFESSIONAL REINSURER (SIF)

(%)

SUMS INSUREDANNUAL

PREMIUMSFIRST YEAR

1RENEWAL

2

DISTRIBUTION

RELATED

EXPENSE

RATE4

MANAGEMENT

RELATED

EXPENSE RATE5

AIA SPORE 0.2 0.2 9.9 9.1 39.0 5.0 9.2 13.1 4.9 95.8

AVIVA 0.2 0.2 11.0 12.6 48.5 5.1 8.4 9.7 7.9 93.7

AXA INSURANCE 0.1 0.2 -2.6 6.6 40.7 4.5 10.7 17.9 8.9 82.7

CHINA LIFE 0.0 0.0 22.1 1.2 23.4 1.4 - 12.8 14.9 99.7

CHINA TAIPING 953.5 - 94,077.0 - 20.9 - - 4.9 12.4 -

ETIQA PL 0.5 0.3 40.0 24.2 21.9 5.9 0.0 10.2 4.9 97.9

FRIENDS PROVIDENT 0.1 0.1 15.4 -4.7 218.4 2.6 - 7.0 6.4 100.0

FWD SINGAPORE 1.2 0.3 96.2 -6.0 0.0 0.0 6.9 6.0 52.9 86.7

GEG - - - - - - - - - -

GREAT EASTERN LIFE 0.1 0.2 5.7 9.7 28.0 3.0 8.8 7.8 3.1 96.8

HSBC INSURANCE 0.1 0.1 8.3 -3.8 18.7 2.3 - 9.1 5.8 96.8

LIFE INSURANCE CORP 0.2 0.0 14.3 0.7 1.0 0.8 - 0.5 13.3 100.0

MANULIFE 0.2 0.4 15.2 36.5 12.2 4.4 49.6 7.0 2.8 97.5

NTUC INCOME 0.1 0.1 -4.2 0.9 11.3 1.7 6.1 4.4 4.0 97.2

PRUDENTIAL 0.1 0.2 7.5 9.4 21.1 3.2 15.0 9.5 3.7 94.5

QUILTER INTERNATIONAL 0.1 - 12.7 - - - - 3.3 2.0 100.0

RAFFLES HEALTH 0.1 0.3 -7.2 30.2 16.2 11.4 3.9 0.0 11.7 100.0

SINGAPORE LIFE 0.5 0.2 37.2 8.4 48.7 2.9 - 11.5 16.9 59.9

ST. JAMES'S PLACE 0.4 - 49.7 - - - - 6.0 3.2 100.0

SWISS LIFE 0.1 - 13.0 - - - - 2.4 2.1 100.0

TOKIO MARINE LIFE 0.2 0.2 13.2 3.9 27.8 1.3 8.6 5.1 6.3 98.8

TRANSAMERICA 0.0 0.1 2.2 -7.7 31.8 3.7 - -40.4 7.8 95.9

UTMOST WORLDWIDE 0.2 0.2 30.2 -3.2 80.2 14.6 - 11.8 8.0 98.1

ZURICH INTERNATIONAL 0.0 0.1 -8.2 -16.0 - 4.6 - 5.3 5.5 100.0

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 2019

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

GROWTH RATES OF BUSINESS

IN FORCE

COMMISSION RATE

EXPENSE RATE

AVERAGE 2-

YEAR

PERSISTENCY6

INDIVIDUAL

GROUP3

Statutory Returns for 2019

General Insurance Returns

($'000)

INTEREST / DIVIDEND /

RENTAL INCOME

REALISED GAINS (LOSSES)

FROM LAST REPORTED

VALUE / WRITE-BACKS

(WRITE-OFFS)

UNREALISED CHANGES

FROM LAST REPORTED

VALUE

ACYC 25,177 14,926 140 0 -296 0 883

AETNA 2 0 0 82 0 5 3 30

AETNA S'PORE BRANCH 77,569 582 964 0 56 0 418

AIA SPORE 16,822 205 2,271 550 447 207 2

AIG ASIA 373,843 253,000 11,778 -407 3,798 498 3,310

ALLIANZ GLOBAL C&S 66,347 35,007 3,471 3,431 -1,626 0 536

ALLIED WORLD 63,822 56,092 1,517 -151 1,158 217 4,583

AUTO & GENERAL 12,606 494 52 0 0 0 303

AVIVA 24,510 1,586 598 -447 967 296 13

AXA INSURANCE 328,059 28,526 17,047 5,764 13,864 1,726 1,997

AXIS SPECIALTY 2,919 2,518 489 0 0 0 78

BERKLEY INSURANCE 8,143 1,139 254 65 0 39 51

BERKSHIRE 112,092 90,081 984 0 -408 0 180

CHINA TAIPING 89,458 14,039 5,600 3,986 13,258 1,167 14

CHUBB INS 238,983 125,229 4,583 0 1,898 178 2,479

CIGNA EUROPE 186,015 93,148 2,025 0 905 193 1,700

COFACE 16,912 6,482 2,559 0 1,390 0 1,629

DIRECT ASIA 34,828 12,407 842 0 0 0 747

ECICS LTD 5,515 730 1,222 -8 1,005 107 201

EQ INS 51,274 4,325 2,613 65 1,222 105 370

ERGO 43,126 23,483 1,047 6 -27 34 58

ETIQA PL 56,489 17,568 4,075 423 3,490 362 205

EULER HERMES 21,239 16,207 807 70 232 32 794

FACTORY MUTUAL 49,187 27,161 200 0 -45 0 83

FIRST CAPITAL 253,911 148,175 16,666 5,427 -4,350 55 1,845

FWD SINGAPORE 45,627 32,633 457 0 -53 1 210

GARD (BERMUDA) 1 21,024 13,871 7 0

GARD MARINE 6,972 3,571 1,899 13 -385 11 0

GEG 148,739 74,027 4,697 -64 894 362 44

GREAT AMERICAN 29,256 6,899 1,290 0 270 85 66

HDI GLOBAL 19,422 18,411 195 0 34 0 244

HELVETIA SWISS 468 235 0 0 7 0 39

DIRECT INSURERS GROSS PREMIUMSOUTWARD REINSURANCE

PREMIUMS

INVESTMENT REVENUE

TABLE G1 GENERAL INSURANCE PROFIT & LOSS ACCOUNT: INCOME OF SINGAPORE INSURANCE FUNDS

FOR THE YEAR ENDED 31ST DECEMBER 2019

OTHERSINVESTMENT EXPENSES

HL ASSURANCE 22,307 9,595 37 0 0 0 21

INDIA INTERNATIONAL 65,651 17,447 16,272 736 18,327 216 2,155

JAPAN SHIP OWNERS' 1 16,071 3,197 0 0

LIBERTY INSURANCE 162,015 8,862 5,164 65 551 307 1,300

LIBERTY SPECIALTY SINGAPORE 51,168 29,722 1,653 22 1,678 37 1,768

LLOYD'S ASIA SCHEME 101,134 15,657 995 19 -86 4 986

LONPAC 32,816 12,417 1,668 -3 -2,180 32 245

MSIG 296,615 79,786 14,413 4,944 9,511 2,096 224

NORTH OF ENGLAND P&I 1 21,687 16,562 0 1,327

NTUC INCOME 379,269 23,183 38,418 21,608 20,288 2,521 71

QBE INS 145,313 79,088 2,989 677 -166 227 2,720

REARDON 2 0 0 43 -8 32 9 0

SHIPOWNERS' MUTUAL P&I 32,352 21,365 6 0 0 0 115

SKULD 1 10,394 8,067 0 188

SOMPO INS 133,441 41,839 4,322 22 1,982 245 770

STANDARD CLUB 1 22,831 18,266 5 0

STARR INTERNATIONAL 3,653 2,789 250 0 659 0 0

STEAMSHIP MUTUAL 1 431 308 0 6

SWISS RE INTERNATIONAL 52,106 47,432 641 41 -235 5 304

THE WEST OF ENGLAND 1 5,554 3,737 0 0

TOKIO MARINE INS 171,808 59,999 11,094 498 9,235 602 721

TT CLUB 4,106 3,420 0 0 0 0 0

UK CLUB (EUROPE) 1 11,759 8,755 0 0

UOI 77,625 47,998 6,418 6,351 4,015 664 305

XL INS 54,501 43,745 2,133 0 -85 362 1,674

ZURICH 50,249 43,640 565 31 164 107 4,187

($'000)

INTEREST / DIVIDEND /

RENTAL INCOME

REALISED GAINS (LOSSES)

FROM LAST REPORTED

VALUE / WRITE-BACKS

(WRITE-OFFS)

UNREALISED CHANGES

FROM LAST REPORTED

VALUE

ALLIANZ SE 1,463 46 296 30 431 11 59

ASIA CAPITAL RE 2 17,033 2,639 5,615 -132 7,479 69 775

ASPEN INSURANCE 5,487 4,043 300 0 0 0 1,246

CHINA REINSURANCE 22,696 758 446 0 0 0 24

DAVINCI RE 0 0 0 0 0 0 4

ENDURANCE SPECIALTY 505 158 67 0 0 0 92

EVEREST RE 2,989 0 817 4 492 31 24

REINSURERS GROSS PREMIUMSOUTWARD REINSURANCE

PREMIUMS

INVESTMENT REVENUE

INVESTMENT EXPENSES OTHERS

FIRST COAST 0 0 0 0 0 0 0

GENERAL RE 6,036 1,199 487 67 -28 14 213

IAG RE 0 0 0 0 0 0 0

KOREAN RE 12,789 165 745 0 363 4 30

MANATEE 0 0 0 0 0 0 0

MAPFRE RE 959 173 101 227 42 0 4

MILLI RE 0 0 5 -3 6 0 0

MUNICH RE 19,569 14 2,129 286 471 103 511

ODYSSEY RE 3,285 0 439 57 77 9 0

ORCHARD ILS 0 0 0 0 0 0 0

PARTNER RE ASIA 21,459 10,800 556 -9 234 53 460

RENAISSANCE RE 1,557 1,049 0 0 0 0 48

SAMSUNG RE 808 379 97 0 0 0 0

SCOR RE AP 14,209 1,827 641 92 522 67 7

SINGAPORE RE 50,073 22,650 5,852 844 3,350 121 22

SIRIUS INTERNATIONAL 2,978 2,816 113 -44 16 0 190

SWISS RE ASIA 41,484 17,470 1,265 1,293 677 51 1,382

TOA RE 8,682 108 624 0 310 7 24

TRANSATLANTIC REINSURANCE 880 0 17 0 -5 0 90

VALIDUS RE 0 0 0 0 0 0 0

XL BERMUDA 2,564 262 732 0 -2 52 0

Notes:

1 Figures are in respect of Marine Mutual Insurers' financial years ended 20 Feb 2019 or 31 Mar 2019.

2 On run-off.

($'000)

DIRECT INSURERS GROSS CLAIMSREINSURANCE

RECOVERABLES

MANAGEMENT

EXPENSES

DISTRIBUTION

EXPENSES

INCREASE (DECREASE)

IN POLICY LIABILITIESOTHERS

ACYC 2,843 1,781 5,872 -3,126 3,354 1,966

AETNA 2 183 0 218 0 -939 -55

AETNA S'PORE BRANCH 50,377 1,438 13,886 7,788 5,646 32

AIA SPORE 3,869 0 3,023 6,086 251 1,032

AIG ASIA 233,611 151,337 96,065 -50,458 -16,744 9,059

ALLIANZ GLOBAL C&S 14,836 5,875 25,011 2,556 9,470 705

ALLIED WORLD 25,730 21,055 14,669 -907 -2,797 5,789

AUTO & GENERAL 4,016 0 2,773 0 7,504 0

AVIVA 17,061 110 8,089 1,638 -95 -399

AXA INSURANCE 248,793 21,332 66,482 68,623 -50,962 10,509

AXIS SPECIALTY -98 -73 14 -37 -657 1

BERKLEY INSURANCE 2,003 180 2,342 1,673 2,314 0

BERKSHIRE 50,496 40,407 4,883 3,869 7,300 729

CHINA TAIPING 50,386 7,879 11,986 11,122 2,493 636

CHUBB INS 54,014 29,548 58,113 5,143 11,274 14,587

CIGNA EUROPE 112,655 56,287 24,491 -520 13,201 4,333

COFACE 13,662 5,661 5,589 154 3,339 476

DIRECT ASIA 16,843 6,755 16,047 -1,970 7,398 745

ECICS LTD 6,361 840 3,727 1,615 -530 226

EQ INS 40,020 4,307 8,807 9,530 -2,440 1,076

ERGO 33,122 22,419 11,038 3,901 822 1,966

ETIQA PL 37,527 14,347 8,794 6,024 1,510 4,968

EULER HERMES 4,105 2,909 9,318 -2,428 696 83

FACTORY MUTUAL 3,763 527 -1,584 -1,527 7,212 8,310

FIRST CAPITAL 152,342 62,849 8,197 667 -22,897 9,511

TABLE G2 GENERAL INSURANCE PROFIT & LOSS ACCOUNT: OUTGO OF SINGAPORE INSURANCE FUNDS


FWD SINGAPORE 20,468 14,340 25,953 -7,239 6,251 1,733

GARD (BERMUDA) 1 22,338 11,238 206 447 -5,831 0

GARD MARINE 5,538 2,458 54 894 25,879 -104

GEG 75,730 42,237 19,333 6,628 8,734 3,730

GREAT AMERICAN 25,643 5,268 4,651 3,625 -4,919 1,665

HDI GLOBAL 1,301 1,222 1,554 -713 -705 360

HELVETIA SWISS 0 0 114 8 141 8

HL ASSURANCE 8,428 3,168 7,113 1,666 4,001 460

INDIA INTERNATIONAL 50,489 17,804 4,943 4,860 2,957 7,255

JAPAN SHIP OWNERS' 1 4,850 0 2,430 591 9,504 26

LIBERTY INSURANCE 86,058 4,452 21,760 31,621 4,252 5,386

LIBERTY SPECIALTY SINGAPORE -5,195 -2,410 4,091 3,171 12,569 5,756

LLOYD'S ASIA SCHEME 73,886 16,031 13,648 18,670 25,842 1,784

LONPAC 11,704 2,813 6,691 256 3,210 939

MSIG 126,934 19,900 82,524 32,053 6,023 7,707

NORTH OF ENGLAND P&I 1 23,504 20,865 5,010 1,114 8,318 8

NTUC INCOME 204,824 10,011 63,315 60,162 24,291 5,940

QBE INS 70,789 35,106 24,859 3,245 3,504 5,072

REARDON 2 -106 0 1 0 -14 15

SHIPOWNERS' MUTUAL P&I 42,650 39,407 4,677 4,180 219 98

SKULD 1 6,416 5,490 1,572 725 -773 295

SOMPO INS 67,394 21,117 31,545 17,878 1,161 3,293

STANDARD CLUB 1 8,485 9,998 3,507 1,211 -698 25

STARR INTERNATIONAL 149 90 175 -57 530 101

STEAMSHIP MUTUAL 1 106 54 15 51 48 0

SWISS RE INTERNATIONAL 10,133 7,475 12,034 2,010 -1,727 586

THE WEST OF ENGLAND 1 2,875 2,353 673 768 -26 45

TOKIO MARINE INS 89,029 36,336 18,212 13,310 16,584 5,909

TT CLUB 1,117 1,029 856 -413 -33 80

UK CLUB (EUROPE) 1 7,937 7,143 434 656 2,735 -22

UOI 26,223 17,668 10,423 -8,023 -5,227 7,493

XL INS 17,984 11,391 4,810 1,995 3,010 4,075

ZURICH 14,341 12,053 10,105 -4,625 2,323 1,773

($'000)

REINSURERS GROSS CLAIMSREINSURANCE

RECOVERABLES

MANAGEMENT

EXPENSES

DISTRIBUTION

EXPENSES

INCREASE (DECREASE)


ALLIANZ SE 238 10 25 378 -1,854 553

ASIA CAPITAL RE 2 24,149 11,030 1,552 4,244 1,952 95

ASPEN INSURANCE 3,829 2,396 660 -384 -195 0

CHINA REINSURANCE 7,674 0 697 7,712 6,047 149

DAVINCI RE 0 0 0 0 0 0

ENDURANCE SPECIALTY 716 111 36 113 -709 0

EVEREST RE 5,064 0 125 843 -2,458 9

FIRST COAST 0 0 0 0 0 0

GENERAL RE -1,380 -276 1,420 1,019 6,634 314

IAG RE 0 0 0 0 0 0

KOREAN RE 7,322 9 397 4,416 -1,263 548

MANATEE 0 0 0 0 0 0

MAPFRE RE 247 -44 38 183 283 21

MILLI RE 0 0 0 0 0 0

MUNICH RE 19,564 0 1,860 5,538 -10,873 675

ODYSSEY RE 3,611 0 91 868 -2,407 55

ORCHARD ILS 0 0 0 0 0 0

PARTNER RE ASIA 18,252 9,036 317 1,741 1,764 -298

RENAISSANCE RE -381 -190 115 -31 580 0

SAMSUNG RE 192 134 46 50 299 40

SCOR RE AP 8,146 2,069 997 2,068 -4,727 1,422

SINGAPORE RE 25,833 12,203 2,349 7,684 -827 1,286

SIRIUS INTERNATIONAL 1,240 1,399 309 519 -392 10

SWISS RE ASIA 10,382 2,087 972 3,250 6,425 1,389

TOA RE 2,267 0 306 3,023 596 4

TRANSATLANTIC REINSURANCE 457 0 87 112 -579 42

VALIDUS RE 0 0 0 0 0 0

XL BERMUDA 867 54 405 424 517 144

Notes:


2 On run-off.

($'000)

PREMIUM LIABILITIES CLAIM LIABILITIES REINSURANCE DEPOSITS OTHERS

ACYC 3,947 7,693 0 9,506

AETNA 2 0 88 0 105

AETNA S'PORE BRANCH 39,249 11,571 0 10,462

AIA SPORE 6,185 4,003 0 2,469

AIG ASIA 111,570 66,359 99,140 82,232

ALLIANZ GLOBAL C&S 22,652 53,716 1,100 27,511

ALLIED WORLD 7,559 12,848 0 81,227

AUTO & GENERAL 7,881 4,926 0 1,186

AVIVA 15,758 18,169 0 2,177

AXA INSURANCE 133,548 188,788 0 80,892

AXIS SPECIALTY 1,047 1,678 0 7,482

BERKLEY INSURANCE 2,622 9,795 0 4,378

BERKSHIRE 9,014 34,487 0 36,213

CHINA TAIPING 44,049 81,448 339 16,960

CHUBB INS 48,607 91,042 0 79,808

CIGNA EUROPE 35,068 12,991 0 59,349

COFACE 7,126 79,481 0 6,578

DIRECT ASIA 18,131 15,195 0 9,582

ECICS LTD 4,959 12,103 0 10,694

EQ INS 21,766 47,697 0 7,264

ERGO 8,431 13,536 8,706 14,687

ETIQA PL 26,894 29,533 8,514 30,892

EULER HERMES 6,174 5,496 0 7,521

FACTORY MUTUAL 15,828 5,423 0 67,798

FIRST CAPITAL 43,301 205,242 24,062 64,456

FWD SINGAPORE 7,367 6,618 0 21,384

GARD (BERMUDA) 1 -6 12,067 0 7,071

GARD MARINE 1,941 26,580 0 5,778

GEG 50,547 47,020 7,491 79,035

GREAT AMERICAN 11,891 30,682 0 9,896

HDI GLOBAL 786 1,531 0 3,683

HELVETIA SWISS 210 99 0 219

HL ASSURANCE 7,037 5,952 0 6,985

INDIA INTERNATIONAL 20,404 95,574 616 16,139

JAPAN SHIP OWNERS' 1 5,910 15,878 0 11,432

LIBERTY INSURANCE 83,075 73,084 659 48,909

LIBERTY SPECIALTY SINGAPORE 23,129 22,249 0 29,994

LLOYD'S ASIA SCHEME 36,281 130,325 654 142,366

LONPAC 11,924 18,633 0 11,247

MSIG 86,760 164,113 0 70,322

NORTH OF ENGLAND P&I 1 0 15,784 0 29,083

NTUC INCOME 201,069 445,327 4,655 139,695

QBE INS 31,834 59,502 0 38,689

REARDON 2 0 323 0 44

SHIPOWNERS' MUTUAL P&I 4,683 3,817 0 21,282

SKULD 1 704 4,250 0 1,099

SOMPO INS 46,654 56,613 297 29,294

STANDARD CLUB 1 81 2,821 0 7,336

TABLE G3 GENERAL INSURANCE: ASSETS AND LIABILITIES OF SINGAPORE INSURANCE FUNDS

FOR THE YEAR ENDED 31ST DECEMBER 2019 (PART I)

DIRECT INSURERS

LIABILITIES

STARR INTERNATIONAL 343 483 0 2,106

STEAMSHIP MUTUAL 1 14 48 0 397

SWISS RE INTERNATIONAL 8,518 19,934 0 19,871

THE WEST OF ENGLAND 1 9 2,355 0 881

TOKIO MARINE INS 53,935 81,428 2,206 57,639

TT CLUB 74 376 0 2,659

UK CLUB (EUROPE) 1 0 5,278 0 0

UOI 17,864 31,153 2,016 21,977

XL INS 18,582 35,280 0 91,508

ZURICH 7,181 8,368 0 17,066

($'000)

PREMIUM LIABILITIES CLAIM LIABILITIES REINSURANCE DEPOSITS OTHERS

ALLIANZ SE 111 5,392 45 772

ASIA CAPITAL RE 2 7,820 23,972 0 4,196

ASPEN INSURANCE 2,779 6,442 0 15,457

CHINA REINSURANCE 6,842 26,125 0 2,133

DAVINCI RE 0 0 0 22

ENDURANCE SPECIALTY 164 718 0 673

EVEREST RE 390 7,008 0 7,750

FIRST COAST 0 0 0 0

GENERAL RE 5,598 19,558 0 2,181

IAG RE 0 0 0 0

KOREAN RE 4,855 19,027 0 789

MANATEE 0 0 0 0

MAPFRE RE 279 1,663 0 59

MILLI RE 0 0 0 0

MUNICH RE 5,517 48,905 0 1,457

ODYSSEY RE 304 10,500 0 27

ORCHARD ILS 0 0 0 0

PARTNER RE ASIA 5,087 9,115 0 4,330

RENAISSANCE RE 21 1,214 0 849

SAMSUNG RE 869 1,266 0 635

SCOR RE AP 4,727 18,602 0 2,394

SINGAPORE RE 16,105 69,496 549 22,987

SIRIUS INTERNATIONAL 596 1,029 161 7,238

SWISS RE ASIA 8,800 37,560 0 11,628

TOA RE 2,523 13,025 0 298

TRANSATLANTIC REINSURANCE 107 1,205 0 50

VALIDUS RE 0 0 0 0

XL BERMUDA 210 8,295 175 9,271

REINSURERS

LIABILITIES

Notes:


2 On run-off.

($'000)

EQUITY SECURITIES DEBT SECURITIES LAND AND BUILDINGS LOANS CASH AND DEPOSITS OTHERS

ACYC 0 0 0 0 21,233 15,294

AETNA 2 0 5,002 0 0 1,714 70

AETNA S'PORE BRANCH 0 51,355 0 0 7,074 35,534

AIA SPORE 0 65,265 0 0 1,332 1,080

AIG ASIA 33,252 383,301 0 0 54,740 66,927

ALLIANZ GLOBAL C&S 5,000 126,650 0 0 21,026 31,371

ALLIED WORLD 0 135,253 0 0 4,508 68,041

AUTO & GENERAL 0 0 0 0 14,198 5,087

AVIVA 0 55,518 0 0 1,332 4,059

AXA INSURANCE 56,774 424,655 0 0 57,284 76,240

AXIS SPECIALTY 0 21,476 0 0 6,394 7,055

BERKLEY INSURANCE 0 15,958 0 0 6,444 2,496

BERKSHIRE 0 56,086 0 0 37,002 36,279

CHINA TAIPING 42,455 143,652 110,810 0 36,472 20,031

CHUBB INS 0 234,379 0 0 30,472 165,387

CIGNA EUROPE 0 86,361 0 0 29,269 50,325

COFACE 0 136,146 0 0 9,483 10,997

DIRECT ASIA 0 0 0 0 58,040 7,725

ECICS LTD 6,471 27,350 0 0 9,043 3,157

EQ INS 11,785 22,972 0 0 69,481 10,666

ERGO 0 32,947 0 0 11,370 14,111

ETIQA PL 7,796 100,601 0 0 37,172 15,557

EULER HERMES 0 35,137 0 0 3,865 9,662

FACTORY MUTUAL 0 0 49,085 0 78,952 33,008

TABLE G3 GENERAL INSURANCE: ASSETS AND LIABILITIES OF SINGAPORE INSURANCE FUNDS

FOR THE YEAR ENDED 31ST DECEMBER 2019 (PART II)

DIRECT INSURERS

ASSETS

FIRST CAPITAL 0 128,276 32,430 22,647 619,258 63,255

FWD SINGAPORE 0 5,110 0 0 38,574 130

GARD (BERMUDA) 1 0 16,768 0 0 15,280 3,577

GARD MARINE 0 58,520 0 0 7,095 5,729

GEG 3 178,199 0 0 38,767 20,282

GREAT AMERICAN 0 54,827 0 0 14,319 19,058

HDI GLOBAL 0 9,044 280 0 3,578 3,449

HELVETIA SWISS 0 0 0 0 743 306

HL ASSURANCE 0 0 0 0 17,793 9,306

INDIA INTERNATIONAL 109,242 216,970 29,000 0 144,446 48,293

JAPAN SHIP OWNERS' 1 0 0 0 0 30,225 5,131

LIBERTY INSURANCE 0 188,505 64,000 357 85,569 28,470

LIBERTY SPECIALTY SINGAPORE 0 96,781 0 0 2,796 29,907

LLOYD'S ASIA SCHEME 9,500 17,487 0 0 188,049 79,015

LONPAC 9,878 7,486 12,619 0 48,932 6,575

MSIG 97,525 324,513 0 0 87,631 58,133

NORTH OF ENGLAND P&I 1 0 40,692 0 0 119 23,817

NTUC INCOME 365,295 974,088 0 0 44,532 36,942

QBE INS 0 163,481 0 0 11,935 48,759

REARDON 2 0 1,420 0 0 224 0

SHIPOWNERS' MUTUAL P&I 0 0 3,411 0 20,908 11,731

SKULD 1 0 0 0 0 8,038 1,230

SOMPO INS 0 139,708 0 0 27,781 45,793

STANDARD CLUB 1 0 2,779 0 0 3,300 13,358

STARR INTERNATIONAL 0 8,299 0 0 787 795

STEAMSHIP MUTUAL 1 0 0 0 0 1,335 20

SWISS RE INTERNATIONAL 0 34,207 0 0 6,452 34,115

THE WEST OF ENGLAND 1 0 0 0 0 4,298 1,044

TOKIO MARINE INS 50,774 245,545 67,250 0 36,647 25,631

TT CLUB 0 0 0 0 52 5,042

UK CLUB (EUROPE) 1 0 0 0 0 4,605 2,339

UOI 35,411 151,879 0 0 56,476 13,793

XL INS 0 115,657 0 0 26,803 52,476

ZURICH 2,564 25,247 0 0 2,358 17,122

($'000)


ALLIANZ SE 0 10,949 0 0 3,933 1,796

ASIA CAPITAL RE 2 10,660 127,250 0 0 3,079 21,720

ASPEN INSURANCE 0 0 0 0 29,589 3,270

CHINA REINSURANCE 0 0 0 0 39,234 11,196

DAVINCI RE 0 0 0 0 516 0

ENDURANCE SPECIALTY 0 0 0 0 6,080 625

EVEREST RE 0 39,569 0 0 1,848 772

FIRST COAST 0 0 0 0 0 0

GENERAL RE 0 27,646 0 0 4,227 7,053

IAG RE 0 0 0 0 0 0

KOREAN RE 0 21,451 0 0 19,665 4,984

MANATEE 0 0 0 0 0 0

MAPFRE RE 0 6,569 0 0 2,964 541

MILLI RE 0 0 0 0 277 0

MUNICH RE 0 63,913 0 0 8,774 18,025

ODYSSEY RE 0 10,815 0 0 9,996 544

ORCHARD ILS 0 0 0 0 0 0

PARTNER RE ASIA 0 28,858 0 0 1,150 11,830

RENAISSANCE RE 0 0 0 0 3,486 432

SAMSUNG RE 0 0 0 0 6,437 595

SCOR RE AP 0 27,751 0 0 1,782 10,469

SINGAPORE RE 30,139 119,383 0 0 40,592 11,758

SIRIUS INTERNATIONAL 0 11,260 0 32 3,733 3,115

SWISS RE ASIA 0 88,899 0 0 2,884 18,739

TOA RE 0 36,165 0 0 1,608 3,015

TRANSATLANTIC REINSURANCE 0 0 0 0 7,778 179

REINSURERS

ASSETS

VALIDUS RE 0 0 0 0 0 0

XL BERMUDA 0 32,931 0 0 4,870 1,045

Notes:


2 On run-off.

($'000)

CARGO MARINE HULL AVIATION HULL PROPERTY MOTOREMPLOYERS'

LIABILITY

PERSONAL

ACCIDENTHEALTH

PUBLIC LIABILITY/

PRODUCT

LIABILITY

SURETY ENGINEERINGPROFESSIONAL

INDEMNITY

CREDIT/ CREDIT-

RELATEDOTHERS TOTAL

ACYC 0 0 0 0 0 0 0 0 0 0 0 0 25,177 0 25,177

AETNA 2 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0

AETNA S'PORE BRANCH 0 0 0 0 0 0 0 77,569 0 0 0 0 0 0 77,569

AIA SPORE 0 0 0 7,246 0 0 5,845 0 0 2,252 0 0 0 1,480 16,822

AIG ASIA 5,954 1,293 2,891 35,817 156,826 35,715 47,654 29,712 11,702 2,574 917 17,266 1,791 23,731 373,843

ALLIANZ GLOBAL C&S 225 6,256 280 30,144 708 1,096 1,614 3,728 11,870 0 4,782 5,642 0 0 66,347

ALLIED WORLD 3,503 -64 0 10,266 3,940 18,045 6,083 4,988 2,465 4,526 3,062 4,260 -287 3,033 63,822

AUTO & GENERAL 0 0 0 0 12,408 0 197 0 0 0 0 0 0 0 12,606

AVIVA 0 0 0 543 16,313 258 382 0 36 145 0 0 3 6,829 24,510

AXA INSURANCE 12,501 952 0 22,428 132,564 32,301 27,054 73,984 7,551 4,621 8,769 2,685 1,866 784 328,059

AXIS SPECIALTY -7 0 0 1,166 -1,779 193 481 1,204 797 0 0 698 -1,507 1,671 2,919

BERKLEY INSURANCE 123 525 0 782 305 237 97 0 1,196 482 123 3,788 0 486 8,143

BERKSHIRE 927 10,837 0 68,028 958 8,780 7,731 0 1,054 2,293 5,703 5,085 0 696 112,092

CHINA TAIPING 1,827 2,378 0 6,786 38,694 15,403 824 6,717 1,222 13,556 459 116 0 1,478 89,458

CHUBB INS 2,079 984 0 42,606 8,593 13,732 72,833 28,516 17,599 357 2,641 32,325 8,564 8,155 238,983

CIGNA EUROPE 0 0 0 0 0 0 0 186,015 0 0 0 0 0 0 186,015

COFACE 0 0 0 0 0 0 0 0 0 0 0 0 16,912 0 16,912

DIRECT ASIA 0 0 0 0 30,575 0 4,253 0 0 0 0 0 0 0 34,828

ECICS LTD 0 0 0 114 1,666 213 405 1,658 63 1,124 72 0 28 172 5,515

EQ INS 641 176 0 1,753 18,500 10,818 2,584 9,248 1,740 2,771 1,694 212 305 834 51,274

ERGO 1,040 32 0 2,449 18,093 6,393 974 1,092 914 7,870 3,057 888 0 325 43,126

ETIQA PL 779 181 0 11,345 12,309 14,200 3,739 730 2,437 5,163 3,646 0 0 1,960 56,489

EULER HERMES 0 0 0 0 0 0 0 0 0 556 0 0 20,682 0 21,239

FACTORY MUTUAL 0 0 0 49,187 0 0 0 0 0 0 0 0 0 0 49,187

FIRST CAPITAL 6,078 28,547 663 59,220 49,632 26,075 420 36,311 7,626 2,874 15,469 9,252 1,110 10,633 253,911

FWD SINGAPORE 0 0 0 1,277 25,995 0 16,031 21 0 2,289 0 0 0 15 45,627

GARD (BERMUDA) 1 0 21,024 0 0 0 0 0 0 0 0 0 0 0 0 21,024

GARD MARINE 0 6,972 0 0 0 0 0 0 0 0 0 0 0 0 6,972

GEG 2,007 521 0 26,119 15,713 22,517 15,353 7,563 5,522 16,100 6,981 2,954 19,225 8,162 148,739

GREAT AMERICAN 1,538 14,236 0 1,505 2,421 2,635 278 571 831 615 939 3,556 0 129 29,256

HDI GLOBAL 1,784 403 0 8,510 0 0 0 0 4,779 0 3,891 56 0 0 19,422

HELVETIA SWISS 54 134 0 0 0 0 0 0 0 0 280 0 0 0 468

HL ASSURANCE 0 0 0 984 3,917 7,068 5,200 986 922 1,418 1,505 1 0 306 22,307

INDIA INTERNATIONAL 206 5,990 358 5,821 35,099 8,596 111 49 704 832 4,676 2,412 0 798 65,651

JAPAN SHIP OWNERS' 1 0 16,071 0 0 0 0 0 0 0 0 0 0 0 0 16,071

LIBERTY INSURANCE 2,202 115 0 8,472 61,907 19,735 7,185 27,546 4,991 11,886 3,357 1,530 0 13,090 162,015

LIBERTY SPECIALTY SINGAPORE 877 1,959 0 3,817 0 5,949 0 0 4,780 431 413 6,131 10,919 15,892 51,168

LLOYD'S ASIA SCHEME 7,654 24,244 652 8,743 2,005 0 1,092 0 1,200 998 511 12,742 20,535 20,758 101,134

LONPAC 296 33 0 1,045 11,506 5,105 893 521 994 9,621 1,527 114 0 1,161 32,816

MSIG 14,885 13,076 0 42,577 81,174 35,776 46,342 28,797 12,256 682 7,579 6,107 2,103 5,260 296,615

NORTH OF ENGLAND P&I 1 0 21,687 0 0 0 0 0 0 0 0 0 0 0 0 21,687

NTUC INCOME 1,028 1,223 0 18,349 273,521 16,080 47,740 1,044 3,840 8,359 1,437 2,642 982 3,025 379,269

QBE INS 6,519 29,896 3 9,065 8,620 22,608 5,418 14,385 10,680 1,145 5,151 22,113 3,654 6,056 145,313

REARDON 2 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0

DIRECT INSURERS

GROSS PREMIUMS

TABLE G4 GENERAL INSURANCE: PREMIUMS OF SINGAPORE INSURANCE FUNDS FOR THE YEAR ENDED 31ST DECEMBER 2019 (PART I)

SHIPOWNERS' MUTUAL P&I 0 32,352 0 0 0 0 0 0 0 0 0 0 0 0 32,352

SKULD 1 0 10,394 0 0 0 0 0 0 0 0 0 0 0 0 10,394

SOMPO INS 6,349 3,751 0 13,669 34,200 11,707 23,253 23,645 4,024 5,599 2,590 2,143 0 2,511 133,441

STANDARD CLUB 1 0 22,831 0 0 0 0 0 0 0 0 0 0 0 0 22,831

STARR INTERNATIONAL 496 0 0 364 0 0 698 0 79 0 1,149 866 0 0 3,653

STEAMSHIP MUTUAL 1 0 445 0 0 0 0 0 0 0 0 0 0 0 0 445

SWISS RE INTERNATIONAL -5 10,263 129 24,521 0 0 0 0 993 3,191 1,680 4,630 6,096 607 52,106

THE WEST OF ENGLAND 1 0 5,554 0 0 0 0 0 0 0 0 0 0 0 0 5,554

TOKIO MARINE INS 8,296 7,809 0 16,055 55,854 24,375 11,334 13,096 7,807 5,276 9,596 3,204 2,079 7,027 171,808

TT CLUB 0 4,106 0 0 0 0 0 0 0 0 0 0 0 0 4,106

UK CLUB (EUROPE) 1 0 11,759 0 0 0 0 0 0 0 0 0 0 0 0 11,759

UOI 882 557 0 26,879 4,808 4,785 13,851 6,424 2,815 101 1,780 573 5,302 8,867 77,625

XL INS 3,672 -207 938 12,596 0 21 7 0 9,275 0 1,227 7,694 109 19,168 54,501

ZURICH 3,079 373 0 23,044 63 1,638 4,780 0 4,622 31 1,667 6,223 4,299 430 50,249

($'000)


LIABILITY

PERSONAL

ACCIDENTHEALTH

PUBLIC LIABILITY/

PRODUCT

LIABILITY


INDEMNITY

CREDIT/ CREDIT-

RELATEDOTHERS TOTAL

ALLIANZ SE 16 8 0 587 157 0 52 0 0 0 0 0 0 644 1,463

ASIA CAPITAL RE 2 295 5,058 481 2,054 292 681 16 0 2 2,186 610 0 5,246 111 17,033

ASPEN INSURANCE 0 0 0 576 111 0 0 0 3,402 0 -69 0 1,466 0 5,487

CHINA REINSURANCE 1,607 625 0 12,399 1,891 698 1,307 0 0 0 0 0 0 4,167 22,696

DAVINCI RE 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0

ENDURANCE SPECIALTY 89 80 0 225 -2 0 0 0 16 97 0 0 0 0 505

EVEREST RE 218 98 0 1,315 15 259 11 0 0 754 259 0 0 60 2,989

FIRST COAST 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0

GENERAL RE 53 1,215 0 3,236 194 110 496 0 32 0 565 127 0 9 6,036

IAG RE 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0

KOREAN RE 542 754 0 6,853 948 434 106 0 35 932 710 0 0 1,474 12,789

MANATEE 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0

MAPFRE RE 13 17 0 752 26 0 54 0 0 53 43 0 0 0 959

MILLI RE 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0

MUNICH RE 3,382 440 0 3,832 9,293 341 13 0 -593 694 676 1,532 -202 162 19,569

ODYSSEY RE 0 324 0 1,893 761 0 0 0 0 0 0 0 0 307 3,285

ORCHARD ILS 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0

PARTNER RE ASIA 856 -78 0 754 7,029 -13 946 0 399 8,824 42 0 2,375 325 21,459

RENAISSANCE RE 0 125 0 912 0 0 0 0 86 0 434 0 0 0 1,557

SAMSUNG RE 0 25 0 421 0 0 0 0 0 0 0 0 0 361 808

SCOR RE AP 163 51 0 8,728 2,143 0 424 0 0 0 0 0 0 2,699 14,209

SINGAPORE RE 734 3,533 0 14,072 10,976 3,887 2,223 547 0 0 0 0 0 14,101 50,073

SIRIUS INTERNATIONAL 153 2 0 2,116 0 0 0 0 0 0 0 0 0 707 2,978

SWISS RE ASIA 4,668 7,933 0 7,727 6,397 183 4,228 0 4,660 188 2,609 2,891 0 0 41,484

TOA RE 435 122 0 4,191 463 449 154 0 0 0 530 0 0 2,338 8,682

TRANSATLANTIC REINSURANCE 217 25 0 506 0 0 28 0 26 0 0 78 0 0 880

VALIDUS RE 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0

XL BERMUDA 100 5 0 1,514 427 0 56 46 0 0 28 0 0 387 2,564

REINSURERS

GROSS PREMIUMS

Notes:


2 On run-off.

($'000)


LIABILITY

PERSONAL

ACCIDENTHEALTH

PUBLIC

LIABILITY/

PRODUCT

LIABILITY


INDEMNITY

CREDIT/ CREDIT-

RELATEDOTHERS TOTAL

ACYC 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0

AETNA 2 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0

AETNA S'PORE BRANCH 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0

AIA SPORE 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0

AIG ASIA 417 668 0 783 0 -5 79 89 0 5 0 209 0 0 2,245

ALLIANZ GLOBAL C&S 133 0 280 16,609 702 37 1,614 3,728 2,264 0 2,378 993 0 0 28,738

ALLIED WORLD 91 -5 0 3,500 0 112 0 0 187 0 2,024 1,698 0 431 8,039

AUTO & GENERAL 0 0 0 0 316 0 5 0 0 0 0 0 0 0 321

AVIVA 0 0 0 33 307 2 2 0 0 0 0 0 0 705 1,050

AXA INSURANCE 3,836 -22 0 2,054 0 295 19 0 469 54 191 182 25 705 7,809

AXIS SPECIALTY 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0

BERKLEY INSURANCE 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0

BERKSHIRE 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0

CHINA TAIPING 1,158 1,154 0 3,058 458 917 39 21 690 1,640 474 100 0 376 10,085

CHUBB INS 6 0 0 848 0 0 0 0 136 0 0 187 0 0 1,177

CIGNA EUROPE 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0

COFACE 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0

DIRECT ASIA 0 0 0 0 6,842 0 1,044 0 0 0 0 0 0 0 7,885

ECICS LTD 0 0 0 50 0 206 14 0 0 0 31 0 17 0 319

EQ INS 172 80 0 302 428 305 46 145 98 157 260 198 9 105 2,306

ERGO 428 5 0 1,525 8,305 3,420 196 392 390 3,396 1,831 448 0 127 20,463

ETIQA PL 132 60 0 750 412 831 94 0 269 1,523 399 0 0 159 4,629

EULER HERMES 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0

FACTORY MUTUAL 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0

FIRST CAPITAL 1,391 8,614 624 22,301 4,693 2,271 119 421 3,606 691 5,431 2,901 0 559 53,621

FWD SINGAPORE 0 0 0 4 214 0 43 0 0 15 0 0 0 0 276

GARD (BERMUDA) 1 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0

GARD MARINE 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0

GEG 736 283 0 10,551 648 6,591 1,297 1,502 1,248 7,378 3,681 1,878 10,769 3,194 49,756

GREAT AMERICAN 213 4,290 0 540 118 176 22 1 80 63 300 416 0 11 6,232

HDI GLOBAL 2 0 0 0 0 0 0 0 0 0 0 0 0 0 2

HELVETIA SWISS 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0

HL ASSURANCE 0 0 0 140 2,107 3,404 592 0 39 32 332 0 0 10 6,655

INDIA INTERNATIONAL 50 420 0 3,666 5,165 1,448 15 2 275 253 1,957 312 0 1,432 14,996

JAPAN SHIP OWNERS' 1 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0

LIBERTY INSURANCE 130 12 0 60 0 0 0 110 192 4 23 454 0 87 1,073

LIBERTY SPECIALTY SINGAPORE 0 0 0 0 0 0 0 0 1 0 0 11 158 -6 163

LLOYD'S ASIA SCHEME 151 81 -1 211 0 0 9 0 0 0 -106 456 651 1,658 3,110

DIRECT INSURERS

REINSURANCE CEDED IN SINGAPORE

TABLE G4 GENERAL INSURANCE: PREMIUMS OF SINGAPORE INSURANCE FUNDS FOR THE YEAR ENDED 31ST DECEMBER 2019 (PART II)

LONPAC 26 5 0 104 288 190 25 1 72 4,339 210 93 0 688 6,040

MSIG 1,359 129 0 17,661 2,093 2,525 2,770 229 1,183 46 3,518 874 154 837 33,378

NORTH OF ENGLAND P&I 1 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0

NTUC INCOME 477 601 0 6,462 2,460 471 248 0 203 483 878 1,657 436 1,157 15,533

QBE INS 483 520 0 201 26 129 21 1,240 92 656 36 2,314 4 28 5,749

REARDON 2 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0

SHIPOWNERS' MUTUAL P&I 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0

SKULD 1 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0

SOMPO INS 685 71 0 2,676 1,714 797 4,360 15,849 253 462 654 697 0 738 28,956

STANDARD CLUB 1 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0

STARR INTERNATIONAL 0 0 0 25 0 0 0 0 0 0 93 76 0 0 194


SWISS RE INTERNATIONAL 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0

THE WEST OF ENGLAND 1 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0

TOKIO MARINE INS 737 2,299 0 6,032 1,200 2,559 360 2,101 1,171 2,879 6,394 1,952 1,024 702 29,409

TT CLUB 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0

UK CLUB (EUROPE) 1 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0

UOI 402 96 0 11,402 2,189 1,268 7,319 2,463 2,374 59 1,266 541 4,760 5,160 39,298

XL INS 252 113 0 293 0 0 0 0 -99 0 0 0 0 0 559

ZURICH 0 139 0 462 0 0 0 0 0 0 19 0 0 0 620

($'000)


LIABILITY

PERSONAL

ACCIDENTHEALTH

PUBLIC

LIABILITY/

PRODUCT

LIABILITY


INDEMNITY

CREDIT/ CREDIT-

RELATEDOTHERS TOTAL

ALLIANZ SE 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0

ASIA CAPITAL RE 2 23 300 271 292 20 8 0 0 -3 338 60 0 795 3 2,107

ASPEN INSURANCE 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0

CHINA REINSURANCE 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0

DAVINCI RE 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0

ENDURANCE SPECIALTY 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0

EVEREST RE 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0

FIRST COAST 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0

GENERAL RE 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0

IAG RE 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0

KOREAN RE 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0

MANATEE 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0

MAPFRE RE 0 0 0 162 0 0 0 0 0 0 12 0 0 0 173

MILLI RE 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0

MUNICH RE 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0

ODYSSEY RE 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0

ORCHARD ILS 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0

PARTNER RE ASIA 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0

RENAISSANCE RE 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0

SAMSUNG RE 0 0 0 3 0 0 0 0 0 0 0 0 0 31 35

SCOR RE AP 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0

REINSURERS


SINGAPORE RE 144 1,407 0 5,912 2,981 1,032 633 54 0 0 0 0 0 4,084 16,247

SIRIUS INTERNATIONAL 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0

SWISS RE ASIA 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0

TOA RE 0 0 0 26 10 0 0 0 0 0 3 0 0 7 46


VALIDUS RE 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0

XL BERMUDA 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0

($'000)

CARGO MARINE HULLAVIATION

HULLPROPERTY MOTOR

EMPLOYERS'

LIABILITY

PERSONAL

ACCIDENTHEALTH

PUBLIC

LIABILITY/

PRODUCT

LIABILITY

SURETY ENGINEERINGPROFESSIONA

L INDEMNITY

CREDIT/

CREDIT-

RELATED

OTHERS TOTAL

ACYC 0 0 0 0 0 0 0 0 0 0 0 0 14,926 0 14,926

AETNA 2 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0

AETNA S'PORE BRANCH 0 0 0 0 0 0 0 582 0 0 0 0 0 0 582

AIA SPORE 0 0 0 85 0 0 76 0 0 27 0 0 0 17 205

AIG ASIA 3,902 408 2,891 25,504 102,806 23,559 31,619 19,652 8,222 1,907 660 12,337 1,188 16,100 250,755

ALLIANZ GLOBAL C&S 2 231 0 2,605 0 0 0 0 1,153 0 1,906 372 0 0 6,269

ALLIED WORLD 2,933 -50 0 6,217 3,366 15,272 5,203 4,240 1,977 3,847 888 2,201 -265 2,225 48,053

AUTO & GENERAL 0 0 0 0 170 0 3 0 0 0 0 0 0 0 173

AVIVA 0 0 0 68 65 11 6 0 2 0 0 0 0 384 536

AXA INSURANCE 1,291 98 0 7,904 -12,403 1,054 3,654 11,536 263 3,106 2,387 86 1,502 239 20,717

AXIS SPECIALTY -5 0 0 920 -1,329 146 369 914 623 0 0 610 -1,070 1,339 2,518

BERKLEY INSURANCE 24 271 0 39 29 12 45 0 120 6 7 413 0 174 1,139

BERKSHIRE 745 8,712 0 54,666 770 7,061 6,216 0 848 1,839 4,579 4,087 0 559 90,081

CHINA TAIPING 176 137 0 1,841 187 233 15 0 216 693 323 1 0 133 3,954

CHUBB INS 636 293 0 13,872 103 5,812 47,163 18,368 7,501 310 3,260 12,592 8,564 5,580 124,052

CIGNA EUROPE 0 0 0 0 0 0 0 93,148 0 0 0 0 0 0 93,148

COFACE 0 0 0 0 0 0 0 0 0 0 0 0 6,482 0 6,482

DIRECT ASIA 0 0 0 0 3,924 0 599 0 0 0 0 0 0 0 4,522

ECICS LTD 0 0 0 33 0 69 9 0 0 251 25 0 23 0 411

EQ INS 132 0 0 407 268 163 42 137 27 256 399 10 0 178 2,019

ERGO 236 0 0 341 369 116 422 128 18 812 338 203 0 37 3,020

ETIQA PL 89 15 0 10,190 38 35 82 0 8 446 1,381 0 0 656 12,939

EULER HERMES 0 0 0 0 0 0 0 0 0 407 0 0 15,800 0 16,207

FACTORY MUTUAL 0 0 0 27,161 0 0 0 0 0 0 0 0 0 0 27,161

FIRST CAPITAL 3,581 12,971 6 28,623 13,506 5,251 134 7,144 2,639 654 8,950 2,999 278 7,817 94,553

FWD SINGAPORE 0 0 0 897 18,403 0 11,441 0 0 1,616 0 0 0 0 32,357

GARD (BERMUDA) 1 0 13,871 0 0 0 0 0 0 0 0 0 0 0 0 13,871

GARD MARINE 0 3,571 0 0 0 0 0 0 0 0 0 0 0 0 3,571

GEG 283 104 0 5,304 245 2,878 520 0 106 5,251 1,942 811 6,574 253 24,271

GREAT AMERICAN 93 58 0 247 21 29 2 -3 9 9 153 47 0 1 667

HDI GLOBAL 1,605 398 0 7,902 0 0 0 0 4,607 0 3,836 61 0 0 18,408

HELVETIA SWISS 0 135 0 0 0 0 0 0 0 0 100 0 0 0 235

HL ASSURANCE 0 0 0 482 43 48 1,474 0 17 96 757 0 0 24 2,941

INDIA INTERNATIONAL 2 -103 358 957 211 0 2 0 8 107 405 68 0 436 2,451


LIBERTY INSURANCE 269 10 0 879 843 273 1,290 1,485 89 869 448 664 0 671 7,789

LIBERTY SPECIALTY SINGAPORE 189 508 0 3,306 0 1,156 0 0 -10 446 264 4,552 6,798 12,351 29,559

DIRECT INSURERS

REINSURANCE CEDED OUTSIDE SINGAPORE

TABLE G4 GENERAL INSURANCE: PREMIUMS OF SINGAPORE INSURANCE FUNDS FOR THE YEAR ENDED 31ST DECEMBER 2019 (PART III)

LLOYD'S ASIA SCHEME 998 2,066 34 755 106 0 6 0 9 0 312 4,537 1,475 2,248 12,547

LONPAC 98 22 0 450 199 126 55 0 54 4,353 922 0 0 98 6,377

MSIG 2,827 12,865 0 10,774 8,381 673 56 496 1,994 0 800 4,398 1,949 1,195 46,408


NTUC INCOME 149 210 0 3,286 1,648 87 870 0 24 282 404 0 256 433 7,650

QBE INS 300 16,008 3 5,165 4,369 11,512 2,758 6,509 5,597 119 2,691 10,626 2,660 5,021 73,339

REARDON 2 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0


SKULD 1 0 8,067 0 0 0 0 0 0 0 0 0 0 0 0 8,067

SOMPO INS 1,137 3,497 0 5,172 0 43 247 0 1,120 0 1,180 5 0 482 12,882

STANDARD CLUB 1 0 18,266 0 0 0 0 0 0 0 0 0 0 0 0 18,266

STARR INTERNATIONAL 485 0 0 374 0 0 7 0 64 0 1,036 629 0 0 2,595


SWISS RE INTERNATIONAL -3 9,302 116 22,111 0 0 0 0 894 2,985 1,439 4,350 5,691 546 47,432


TOKIO MARINE INS 2,363 5,325 0 6,759 400 191 5,814 41 1,419 2 1,673 999 545 5,059 30,590

TT CLUB 0 3,420 0 0 0 0 0 0 0 0 0 0 0 0 3,420

UK CLUB (EUROPE) 1 0 8,755 0 0 0 0 0 0 0 0 0 0 0 0 8,755

UOI 49 3 0 3,192 36 72 2,148 1,387 121 3 273 25 0 1,391 8,700

XL INS 2,003 -535 664 11,698 0 13 4 0 7,379 0 977 5,835 41 15,107 43,186

ZURICH 2,667 156 0 19,914 63 1,639 3,112 0 4,287 24 1,306 5,199 4,299 354 43,019

($'000)

CARGO MARINE HULLAVIATION

HULLPROPERTY MOTOR

EMPLOYERS'

LIABILITY

PERSONAL

ACCIDENTHEALTH

PUBLIC

LIABILITY/

PRODUCT

LIABILITY

SURETY ENGINEERINGPROFESSIONA

L INDEMNITY

CREDIT/

CREDIT-

RELATED

OTHERS TOTAL

ALLIANZ SE 2 1 0 19 4 0 2 0 0 0 0 0 0 18 46

ASIA CAPITAL RE 2 5 66 55 286 0 0 0 0 0 0 50 0 70 0 531

ASPEN INSURANCE 0 0 0 370 76 2 0 0 2,608 0 -36 0 1,024 0 4,043

CHINA REINSURANCE 0 0 0 758 0 0 0 0 0 0 0 0 0 0 758

DAVINCI RE 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0

ENDURANCE SPECIALTY 32 47 0 7 0 0 0 0 2 70 0 0 0 0 158

EVEREST RE 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0

FIRST COAST 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0

GENERAL RE 0 158 0 737 39 22 99 0 6 0 110 25 0 2 1,199

IAG RE 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0

KOREAN RE 0 0 0 165 0 0 0 0 0 0 0 0 0 0 165

MANATEE 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0

MAPFRE RE 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0

MILLI RE 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0

MUNICH RE 0 0 0 7 1 0 0 0 0 0 5 0 0 0 14

ODYSSEY RE 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0

ORCHARD ILS 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0

PARTNER RE ASIA 428 -39 0 447 3,515 -7 473 0 200 4,412 21 0 1,188 163 10,800

RENAISSANCE RE 0 95 0 651 0 0 0 0 63 0 240 0 0 0 1,049

REINSURERS


SAMSUNG RE 0 23 0 205 0 0 0 0 0 0 0 0 0 116 344

SCOR RE AP 2 0 0 1,500 8 0 0 0 0 0 0 0 0 317 1,827

SINGAPORE RE 111 743 0 2,329 1,041 291 194 10 0 0 0 0 0 1,683 6,403

SIRIUS INTERNATIONAL 165 3 0 2,191 0 0 0 0 0 0 0 0 0 457 2,816

SWISS RE ASIA 848 1,023 0 2,303 3,318 137 3,339 0 3,481 46 690 2,285 0 0 17,470

TOA RE 10 3 0 28 11 0 0 0 0 0 3 0 0 8 62


VALIDUS RE 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0

XL BERMUDA 0 0 0 250 5 0 0 0 0 0 1 0 0 6 262

Notes:


2 On run-off.

($'000)


LIABILITY

PERSONAL

ACCIDENTHEALTH

PUBLIC

LIABILITY/

PRODUCT

LIABILITY


INDEMNITY

CREDIT/ CREDIT-

RELATEDOTHERS TOTAL

ACYC 0 0 0 0 0 0 0 0 0 0 0 0 10,251 0 10,251

AETNA 2 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0

AETNA S'PORE BRANCH 0 0 0 0 0 0 0 76,987 0 0 0 0 0 0 76,987

AIA SPORE 0 0 0 7,160 0 0 5,769 0 0 2,225 0 0 0 1,462 16,617

AIG ASIA 1,636 216 0 9,530 54,020 12,161 15,956 9,971 3,481 662 256 4,721 603 7,631 120,843

ALLIANZ GLOBAL C&S 91 6,025 0 10,931 7 1,059 0 0 8,452 0 498 4,277 0 0 31,339

ALLIED WORLD 479 -9 0 550 574 2,661 880 748 301 679 150 360 -22 378 7,730

AUTO & GENERAL 0 0 0 0 11,922 0 190 0 0 0 0 0 0 0 12,112

AVIVA 0 0 0 442 15,941 245 374 0 34 145 0 0 3 5,739 22,924

AXA INSURANCE 7,374 875 0 12,470 144,967 30,951 23,381 62,448 6,819 1,461 6,191 2,417 340 -161 299,532

AXIS SPECIALTY -2 0 0 246 -450 48 112 290 174 0 0 88 -436 332 401

BERKLEY INSURANCE 98 254 0 743 276 225 52 0 1,076 476 116 3,375 0 312 7,003

BERKSHIRE 182 2,126 0 13,362 188 1,719 1,515 0 207 454 1,124 998 0 137 22,011

CHINA TAIPING 492 1,086 0 1,888 38,049 14,253 770 6,696 316 11,223 -338 15 0 969 75,419

CHUBB INS 1,437 691 0 27,887 8,490 7,921 25,670 10,148 9,961 47 -619 19,546 0 2,575 113,754

CIGNA EUROPE 0 0 0 0 0 0 0 92,867 0 0 0 0 0 0 92,867

COFACE 0 0 0 0 0 0 0 0 0 0 0 0 10,430 0 10,430

DIRECT ASIA 0 0 0 0 19,810 0 2,611 0 0 0 0 0 0 0 22,421

ECICS LTD 0 0 0 31 1,666 -62 381 1,658 63 873 16 0 -13 172 4,785

EQ INS 336 96 0 1,043 17,804 10,350 2,497 8,966 1,614 2,358 1,035 4 296 551 46,949

ERGO 376 26 0 582 9,420 2,857 356 573 507 3,661 888 236 0 162 19,644

ETIQA PL 558 106 0 405 11,859 13,333 3,564 730 2,160 3,195 1,867 0 0 1,145 38,921

EULER HERMES 0 0 0 0 0 0 0 0 0 149 0 0 4,882 0 5,031

FACTORY MUTUAL 0 0 0 22,026 0 0 0 0 0 0 0 0 0 0 22,026

FIRST CAPITAL 1,106 6,962 33 8,295 31,433 18,554 167 28,746 1,382 1,529 1,088 3,353 833 2,257 105,736

FWD SINGAPORE 0 0 0 376 7,378 0 4,546 21 0 658 0 0 0 15 12,994

GARD (BERMUDA) 1 0 7,152 0 0 0 0 0 0 0 0 0 0 0 0 7,152

GARD MARINE 0 3,402 0 0 0 0 0 0 0 0 0 0 0 0 3,402

GEG 989 133 0 10,264 14,820 13,048 13,536 6,061 4,168 3,472 1,358 265 1,882 4,716 74,712

GREAT AMERICAN 1,231 9,888 0 717 2,281 2,431 254 573 742 543 486 3,093 0 117 22,358

HDI GLOBAL 177 5 0 608 0 0 0 0 171 0 55 -5 0 0 1,011

HELVETIA SWISS 54 -1 0 0 0 0 0 0 0 0 181 0 0 0 233

HL ASSURANCE 0 0 0 362 1,766 3,617 3,135 986 866 1,290 416 1 0 272 12,711

INDIA INTERNATIONAL 154 5,673 0 1,198 29,723 7,148 94 47 421 471 2,314 2,032 0 -1,070 48,205


LIBERTY INSURANCE 1,803 94 0 7,533 61,064 19,462 5,895 25,951 4,710 11,012 2,886 411 0 12,332 153,153

LIBERTY SPECIALTY SINGAPORE 688 1,451 0 511 0 4,793 0 0 4,790 -15 150 1,568 3,963 3,547 21,446

LLOYD'S ASIA SCHEME 6,505 22,097 619 7,776 1,899 0 1,077 0 1,191 998 305 7,750 18,409 16,852 85,477

LONPAC 172 6 0 492 11,019 4,789 812 520 869 928 395 21 0 376 20,399

MSIG 10,698 82 0 14,142 70,700 32,579 43,516 28,072 9,079 636 3,261 836 0 3,227 216,829

DIRECT INSURERS

NET PREMIUMS

TABLE G4 GENERAL INSURANCE: PREMIUMS OF SINGAPORE INSURANCE FUNDS FOR THE YEAR ENDED 31ST DECEMBER 2019 (PART IV)


NTUC INCOME 401 412 0 8,601 269,413 15,521 46,622 1,044 3,613 7,593 155 985 290 1,435 356,086

QBE INS 5,736 13,368 0 3,699 4,224 10,968 2,639 6,636 4,990 370 2,424 9,173 990 1,007 66,225

REARDON 2 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0


SKULD 1 0 2,327 0 0 0 0 0 0 0 0 0 0 0 0 2,327

SOMPO INS 4,527 183 0 5,820 32,486 10,868 18,645 7,796 2,652 5,137 756 1,441 0 1,292 91,603

STANDARD CLUB 1 0 4,565 0 0 0 0 0 0 0 0 0 0 0 0 4,565

STARR INTERNATIONAL 11 0 0 -35 0 0 691 0 15 0 20 162 0 0 864


SWISS RE INTERNATIONAL -3 961 13 2,410 0 0 0 0 99 206 242 280 405 61 4,674


TOKIO MARINE INS 5,196 185 0 3,264 54,254 21,624 5,160 10,954 5,217 2,395 1,529 253 510 1,267 111,809

TT CLUB 0 686 0 0 0 0 0 0 0 0 0 0 0 0 686

UK CLUB (EUROPE) 1 0 3,004 0 0 0 0 0 0 0 0 0 0 0 0 3,004

UOI 431 458 0 12,285 2,584 3,445 4,384 2,574 320 39 242 8 542 2,316 29,627

XL INS 1,418 215 275 605 0 8 3 0 1,995 0 250 1,859 68 4,061 10,756

ZURICH 413 78 0 2,668 0 -1 1,668 0 335 7 342 1,025 0 76 6,609

($'000)


LIABILITY

PERSONAL

ACCIDENTHEALTH

PUBLIC

LIABILITY/

PRODUCT

LIABILITY


INDEMNITY

CREDIT/ CREDIT-

RELATEDOTHERS TOTAL

ALLIANZ SE 14 7 0 567 153 0 51 0 0 0 0 0 0 625 1,417

ASIA CAPITAL RE 2 267 4,692 156 1,477 272 674 16 0 4 1,848 500 0 4,380 108 14,394

ASPEN INSURANCE 0 0 0 207 35 -2 0 0 794 0 -33 0 443 0 1,443

CHINA REINSURANCE 1,607 625 0 11,641 1,891 698 1,307 0 0 0 0 0 0 4,167 21,938

DAVINCI RE 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0

ENDURANCE SPECIALTY 58 33 0 218 -2 0 0 0 14 27 0 0 0 0 347

EVEREST RE 218 98 0 1,315 15 259 11 0 0 754 259 0 0 60 2,989

FIRST COAST 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0

GENERAL RE 53 1,057 0 2,499 155 88 396 0 26 0 455 101 0 7 4,837

IAG RE 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0

KOREAN RE 542 754 0 6,689 948 434 106 0 35 932 709 0 0 1,474 12,624

MANATEE 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0

MAPFRE RE 13 17 0 591 26 0 54 0 0 53 32 0 0 0 786

MILLI RE 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0

MUNICH RE 3,381 440 0 3,825 9,292 341 13 0 -593 694 671 1,532 -202 162 19,555

ODYSSEY RE 0 324 0 1,893 761 0 0 0 0 0 0 0 0 307 3,285

ORCHARD ILS 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0

PARTNER RE ASIA 428 -39 0 307 3,515 -7 473 0 200 4,412 21 0 1,188 163 10,660

RENAISSANCE RE 0 30 0 261 0 0 0 0 22 0 194 0 0 0 508

SAMSUNG RE -1 3 0 213 0 0 0 0 0 0 0 0 0 214 429

SCOR RE AP 161 52 0 7,228 2,135 0 424 0 0 0 0 0 0 2,383 12,382

SINGAPORE RE 479 1,384 0 5,830 6,954 2,564 1,397 482 0 0 0 0 0 8,334 27,423

SIRIUS INTERNATIONAL -12 0 0 -75 0 0 0 0 0 0 0 0 0 250 163

SWISS RE ASIA 3,820 6,910 0 5,424 3,079 46 890 0 1,179 142 1,918 606 0 0 24,013

TOA RE 425 118 0 4,138 443 448 154 0 0 0 525 0 0 2,322 8,573

REINSURERS

NET PREMIUMS


VALIDUS RE 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0

XL BERMUDA 100 5 0 1,265 422 0 56 46 0 0 27 0 0 382 2,303

Notes:


2 On run-off.

($'000)

DIRECT INSURERS CHANGE IN PREMIUM LIABILITES EARNED PREMIUMS

ACYC 862 9,389

AETNA 2 0 0

AETNA S'PORE BRANCH 7,528 69,458

AIA SPORE 236 16,381

AIG ASIA -541 121,383

ALLIANZ GLOBAL C&S 197 31,142

ALLIED WORLD -28 7,758

AUTO & GENERAL 4,614 7,498

AVIVA -2,001 24,925

AXA INSURANCE -6,137 305,669

AXIS SPECIALTY -740 1,141

BERKLEY INSURANCE 583 6,420

BERKSHIRE 2,025 19,986

CHINA TAIPING -1,057 76,476

CHUBB INS 7,649 106,105

CIGNA EUROPE 9,277 83,590

COFACE 491 9,939

DIRECT ASIA 4,584 17,836

ECICS LTD -1,413 6,198

EQ INS -1,521 48,471

ERGO 1,585 18,058

ETIQA PL 3,727 35,194

EULER HERMES 1,259 3,772

FACTORY MUTUAL 2,819 19,208

FIRST CAPITAL -959 106,695

FWD SINGAPORE 2,444 10,550

GARD (BERMUDA) 1 -6 7,158

GARD MARINE 772 2,630

GEG 8,850 65,862

GREAT AMERICAN -15 22,373

HDI GLOBAL -159 1,171

HELVETIA SWISS 116 118

HL ASSURANCE 1,878 10,833

INDIA INTERNATIONAL -1,620 49,825

JAPAN SHIP OWNERS' 1 1,062 11,811

LIBERTY INSURANCE 6,147 147,006

LIBERTY SPECIALTY SINGAPORE 4,001 17,445

LLOYD'S ASIA SCHEME -3,238 88,715

LONPAC 2,566 17,833

MSIG -2,322 219,150

NORTH OF ENGLAND P&I 1 0 5,125

NTUC INCOME 13,373 342,712

QBE INS 1,289 64,936

REARDON 2 0 0

SHIPOWNERS' MUTUAL P&I -265 11,252

SKULD 1 103 2,224

SOMPO INS 537 91,066

STANDARD CLUB 1 34 4,531

STARR INTERNATIONAL 215 649

TABLE G4 GENERAL INSURANCE: PREMIUMS OF SINGAPORE INSURANCE FUNDS FOR THE YEAR ENDED 31ST

DECEMBER 2019 (PART V)

STEAMSHIP MUTUAL 1 14 123

SWISS RE INTERNATIONAL -7,080 11,754

THE WEST OF ENGLAND 1 9 1,807

TOKIO MARINE INS 3,292 108,517

TT CLUB -3 689

UK CLUB (EUROPE) 1 0 3,004

UOI 171 29,456

XL INS -1,222 11,979

ZURICH 766 5,843

($'000)

REINSURERS CHANGE IN PREMIUM LIABILITES EARNED PREMIUMS

ALLIANZ SE 25 1,391

ASIA CAPITAL RE 2 872 13,522

ASPEN INSURANCE -1,006 2,450

CHINA REINSURANCE 1,592 20,346

DAVINCI RE 0 0

ENDURANCE SPECIALTY -170 518

EVEREST RE -63 3,053

FIRST COAST 0 0

GENERAL RE 4,281 556

IAG RE 0 0

KOREAN RE -353 12,977

MANATEE 0 0

MAPFRE RE -43 829

MILLI RE 0 0

MUNICH RE -1,063 20,618

ODYSSEY RE -59 3,344

ORCHARD ILS 0 0

PARTNER RE ASIA 630 10,030

RENAISSANCE RE -11 519

SAMSUNG RE -111 540

SCOR RE AP -296 12,678

SINGAPORE RE 5,529 21,895

SIRIUS INTERNATIONAL 217 -54

SWISS RE ASIA 4,085 19,928

TOA RE 531 8,042

TRANSATLANTIC REINSURANCE -70 950

VALIDUS RE 0 0

XL BERMUDA -199 2,502

Notes:


2 On run-off.

($'000)

DIRECT INSURERS EARNED PREMIUMS NET CLAIMS INCURREDMANAGEMENT

EXPENSES

DISTRIBUTION

EXPENSES

UNDERWRITING PROFIT

(LOSS)

NET INVESTMENT

INCOME

OPERATING PROFIT

(LOSS)

ACYC 9,389 3,555 5,872 -3,126 3,088 -156 2,932

AETNA 2 0 -756 218 0 538 84 623

AETNA S'PORE BRANCH 69,458 47,056 13,886 7,788 728 1,020 1,748

AIA SPORE 16,381 3,884 3,023 6,086 3,388 3,062 6,450

AIG ASIA 121,383 66,071 96,065 -50,458 9,706 14,671 24,377

ALLIANZ GLOBAL C&S 31,142 18,233 25,011 2,556 -14,659 5,276 -9,383

ALLIED WORLD 7,758 1,907 14,669 -907 -7,910 2,306 -5,604

AUTO & GENERAL 7,498 6,905 2,773 0 -2,181 52 -2,129

AVIVA 24,925 18,858 8,089 1,638 -3,660 823 -2,837

AXA INSURANCE 305,669 182,636 66,482 68,623 -12,071 34,949 22,878

AXIS SPECIALTY 1,141 58 14 -37 1,107 489 1,596

BERKLEY INSURANCE 6,420 3,554 2,342 1,673 -1,149 280 -869

BERKSHIRE 19,986 15,364 4,883 3,869 -4,130 576 -3,554

CHINA TAIPING 76,476 46,057 11,986 11,122 7,311 21,677 28,989

CHUBB INS 106,105 28,091 58,113 5,143 14,758 6,303 21,061

CIGNA EUROPE 83,590 60,292 24,491 -520 -672 2,737 2,065

COFACE 9,939 10,850 5,589 154 -6,653 3,949 -2,704

DIRECT ASIA 17,836 12,902 16,047 -1,970 -9,143 842 -8,300

ECICS LTD 6,198 6,404 3,727 1,615 -5,549 2,112 -3,437

EQ INS 48,471 34,794 8,807 9,530 -4,662 3,795 -867

ERGO 18,058 9,940 11,038 3,901 -6,820 992 -5,827

ETIQA PL 35,194 20,963 8,794 6,024 -588 7,627 7,039

EULER HERMES 3,772 633 9,318 -2,428 -3,751 1,076 -2,675

FACTORY MUTUAL 19,208 7,630 -1,584 -1,527 14,689 155 14,844

FIRST CAPITAL 106,695 67,554 8,197 667 30,277 17,689 47,966

FWD SINGAPORE 10,550 9,935 25,953 -7,239 -18,098 404 -17,695

GARD (BERMUDA) 1 7,158 5,276 206 447 1,229 363 1,593

GARD MARINE 2,630 28,187 54 894 -26,506 1,518 -24,988

GEG 65,862 33,376 19,333 6,628 6,525 5,165 11,689

GREAT AMERICAN 22,373 15,471 4,651 3,625 -1,375 1,475 100

HDI GLOBAL 1,171 -467 1,554 -713 797 228 1,025

TABLE G5 GENERAL INSURANCE: OPERATING RESULTS OF SINGAPORE INSURANCE FUNDS FOR THE YEAR ENDED 31ST DECEMBER 2019 (PART I)

HELVETIA SWISS 118 26 114 8 -30 7 -23

HL ASSURANCE 10,833 7,383 7,113 1,666 -5,329 37 -5,292

INDIA INTERNATIONAL 49,825 37,263 4,943 4,860 2,759 35,120 37,878

JAPAN SHIP OWNERS' 1 11,811 13,292 2,430 591 -4,501 379 -4,123

LIBERTY INSURANCE 147,006 79,712 21,760 31,621 13,914 5,474 19,387

LIBERTY SPECIALTY SINGAPORE 17,445 5,783 4,091 3,171 4,400 3,315 7,716

LLOYD'S ASIA SCHEME 88,715 86,934 13,648 18,670 -30,537 924 -29,612

LONPAC 17,833 9,535 6,691 256 1,352 -546 806

MSIG 219,150 115,379 82,524 32,053 -10,805 26,773 15,968

NORTH OF ENGLAND P&I 1 5,125 10,957 5,010 1,114 -11,956 1 -11,956

NTUC INCOME 342,712 205,732 63,315 60,162 13,503 77,794 91,297

QBE INS 64,936 37,898 24,859 3,245 -1,065 3,272 2,208

REARDON 2 0 -120 1 0 119 58 177

SHIPOWNERS' MUTUAL P&I 11,252 3,728 4,677 4,180 -1,332 6 -1,327

SKULD 1 2,224 50 1,572 725 -123 0 -123

SOMPO INS 91,066 46,901 31,545 17,878 -5,259 6,082 823

STANDARD CLUB 1 4,531 -2,245 3,507 1,211 2,058 120 2,178

STARR INTERNATIONAL 649 374 175 -57 157 909 1,066

STEAMSHIP MUTUAL 1 123 101 15 51 -45 7 -38

SWISS RE INTERNATIONAL 11,754 8,011 12,034 2,010 -10,301 442 -9,859

THE WEST OF ENGLAND 1 1,807 487 673 768 -120 0 -120

TOKIO MARINE INS 108,517 65,985 18,212 13,310 11,010 20,225 31,235

TT CLUB 689 57 856 -413 189 -16 173

UK CLUB (EUROPE) 1 3,004 3,528 434 656 -1,614 16 -1,598

UOI 29,456 3,157 10,423 -8,023 23,900 16,120 40,020

XL INS 11,979 10,824 4,810 1,995 -5,651 1,687 -3,964

ZURICH 5,843 3,845 10,105 -4,625 -3,481 653 -2,828

($'000)

REINSURERS EARNED PREMIUMS NET CLAIMS INCURREDMANAGEMENT

EXPENSES

DISTRIBUTION

EXPENSES

UNDERWRITING PROFIT

(LOSS)

NET INVESTMENT

INCOME

OPERATING PROFIT

(LOSS)

ALLIANZ SE 1,391 -1,652 25 378 2,640 745 3,386

ASIA CAPITAL RE 2 13,522 14,199 1,552 4,244 -6,473 12,893 6,420

ASPEN INSURANCE 2,450 2,245 660 -384 -70 300 230

CHINA REINSURANCE 20,346 12,130 697 7,712 -193 446 253

DAVINCI RE 0 0 0 0 0 0 0

ENDURANCE SPECIALTY 518 67 36 113 301 67 368

EVEREST RE 3,053 2,670 125 843 -585 1,283 697

FIRST COAST 0 0 0 0 0 0 0

GENERAL RE 556 1,248 1,420 1,019 -3,130 512 -2,618

IAG RE 0 0 0 0 0 0 0

KOREAN RE 12,977 6,402 397 4,416 1,763 1,104 2,866

MANATEE 0 0 0 0 0 0 0

MAPFRE RE 829 618 38 183 -9 370 361

MILLI RE 0 0 0 0 0 7 7

MUNICH RE 20,618 9,754 1,860 5,538 3,466 2,782 6,248

ODYSSEY RE 3,344 1,263 91 868 1,122 564 1,686

ORCHARD ILS 0 0 0 0 0 0 0

PARTNER RE ASIA 10,030 10,350 317 1,741 -2,378 728 -1,650

RENAISSANCE RE 519 400 115 -31 35 0 35

SAMSUNG RE 540 468 46 50 -25 97 73

SCOR RE AP 12,678 1,646 997 2,068 7,966 1,188 9,154

SINGAPORE RE 21,895 7,274 2,349 7,684 4,587 9,925 14,512

SIRIUS INTERNATIONAL -54 -769 309 519 -114 86 -28

SWISS RE ASIA 19,928 10,635 972 3,250 5,072 3,185 8,257

TOA RE 8,042 2,333 306 3,023 2,381 927 3,309

TRANSATLANTIC REINSURANCE 950 -52 87 112 804 12 816

VALIDUS RE 0 0 0 0 0 0 0

XL BERMUDA 2,502 1,529 405 424 143 678 822

Notes:


2 On run-off.

NET CLAIMS INCURREDMANAGEMENT

EXPENSES

DISTRIBUTION

EXPENSES

UNDERWRITING PROFIT

(LOSS)

ACYC 37.9 62.5 -33.3 32.9

AETNA 2 - - - -

AETNA S'PORE BRANCH 67.7 20 11.2 1

AIA SPORE 23.7 18.5 37.2 20.7

AIG ASIA 54.4 79.1 -41.6 8

ALLIANZ GLOBAL C&S 58.5 80.3 8.2 -47.1

ALLIED WORLD 24.6 189.1 -11.7 -102

AUTO & GENERAL 92.1 37 0 -29.1

AVIVA 75.7 32.5 6.6 -14.7

AXA INSURANCE 59.7 21.7 22.5 -3.9

AXIS SPECIALTY 5.1 1.2 -3.3 97

BERKLEY INSURANCE 55.4 36.5 26.1 -17.9

BERKSHIRE 76.9 24.4 19.4 -20.7

CHINA TAIPING 60.2 15.7 14.5 9.6

CHUBB INS 26.5 54.8 4.8 13.9

CIGNA EUROPE 72.1 29.3 -0.6 -0.8

COFACE 109.2 56.2 1.5 -66.9

DIRECT ASIA 72.3 90 -11 -51.3

ECICS LTD 103.3 60.1 26.1 -89.5

EQ INS 71.8 18.2 19.7 -9.6

ERGO 55 61.1 21.6 -37.8

ETIQA PL 59.6 25 17.1 -1.7

EULER HERMES 16.8 247 -64.4 -99.4

FACTORY MUTUAL 39.7 -8.2 -8 76.5

FIRST CAPITAL 63.3 7.7 0.6 28.4

FWD SINGAPORE 94.2 246 -68.6 -171.5

GARD (BERMUDA) 1 73.7 2.9 6.2 17.2

GARD MARINE 1,071.9 2.1 34 -1,008

GEG 50.7 29.4 10.1 9.9

GREAT AMERICAN 69.2 20.8 16.2 -6.1

HDI GLOBAL -39.9 132.7 -60.9 68.1

HELVETIA SWISS 21.8 96.6 7.1 -25.5

HL ASSURANCE 68.2 65.7 15.4 -49.2

INDIA INTERNATIONAL 74.8 9.9 9.8 5.5

JAPAN SHIP OWNERS' 1 112.5 20.6 5.0 -38.1

LIBERTY INSURANCE 54.2 14.8 21.5 9.5

LIBERTY SPECIALTY SINGAPORE 33.2 23.4 18.2 25.2

LLOYD'S ASIA SCHEME 98 15.4 21 -34.4

LONPAC 53.5 37.5 1.4 7.6

MSIG 52.6 37.7 14.6 -4.9

NORTH OF ENGLAND P&I 1 213.8 97.8 21.7 -233.3

NTUC INCOME 60 18.5 17.6 3.9

QBE INS 58.4 38.3 5 -1.6

REARDON 2 - - - -

SHIPOWNERS' MUTUAL P&I 33.1 41.6 37.1 -11.8

SKULD 1 2.2 70.7 32.6 -5.5

SOMPO INS 51.5 34.6 19.6 -5.8

STANDARD CLUB 1 -49.6 77.4 26.7 45.4

TABLE G5 GENERAL INSURANCE: OPERATING RESULTS OF SINGAPORE INSURANCE FUNDS FOR THE YEAR ENDED 31ST DECEMBER

2019 (PART II)

DIRECT INSURERS

% OF EARNED PREMIUMS

STARR INTERNATIONAL 57.6 26.9 -8.7 24.2

STEAMSHIP MUTUAL 1 82.1 12.4 41.6 -36.2

SWISS RE INTERNATIONAL 68.2 102.4 17.1 -87.6

THE WEST OF ENGLAND 1 26.9 37.2 42.5 -6.7

TOKIO MARINE INS 60.8 16.8 12.3 10.1

TT CLUB 8.3 124.3 -59.9 27.4

UK CLUB (EUROPE) 1 117.5 14.4 21.8 -53.7

UOI 10.7 35.4 -27.2 81.1

XL INS 90.4 40.2 16.7 -47.2

ZURICH 65.8 172.9 -79.2 -59.6


EXPENSES

DISTRIBUTION

EXPENSES

UNDERWRITING PROFIT

(LOSS)

ALLIANZ SE -118.7 1.8 27.2 189.8

ASIA CAPITAL RE 2 105 11.5 31.4 -47.9

ASPEN INSURANCE 91.6 26.9 -15.7 -2.9

CHINA REINSURANCE 59.6 3.4 37.9 -0.9

DAVINCI RE - - - -

ENDURANCE SPECIALTY 13 7 21.9 58.2

EVEREST RE 87.5 4.1 27.6 -19.2

FIRST COAST - - - -

GENERAL RE 224.5 255.4 183.2 -563.1

IAG RE - - - -

KOREAN RE 49.3 3.1 34 13.6

MANATEE - - - -

MAPFRE RE 74.5 4.6 22 -1.1

MILLI RE - - - -

MUNICH RE 47.3 9 26.9 16.8

ODYSSEY RE 37.8 2.7 26 33.5

ORCHARD ILS - - - -

PARTNER RE ASIA 103.2 3.2 17.4 -23.7

RENAISSANCE RE 77.1 22.2 -6 6.8

SAMSUNG RE 86.8 8.5 9.3 -4.6

SCOR RE AP 13 7.9 16.3 62.8

SINGAPORE RE 33.2 10.7 35.1 21

SIRIUS INTERNATIONAL 1,414.9 -568.8 -955.5 209.4

SWISS RE ASIA 53.4 4.9 16.3 25.5

TOA RE 29 3.8 37.6 29.6

TRANSATLANTIC REINSURANCE -5.5 9.1 11.8 84.6

VALIDUS RE - - - -

XL BERMUDA 61.1 16.2 17 5.7

Notes:


2 On run-off.

REINSURERS


($'000)

INTEREST/DIVIDEND/RE

NTAL INCOME

REALISED GAINS

(LOSSES) FROM LAST

REPORTED

VALUE/WRITE-BACKS

(WRITE-OFFS)

UNREALISED CHANGES

FROM LAST REPORTED

VALUE

ACYC 30,339 19,845 99 0 67 0 2,004

AETNA 2 0 0 17 0 0 0 0

AETNA S'PORE BRANCH 6,383 50 93 0 3 0 61

AIA SPORE 0 0 0 0 0 0 0

AIG ASIA 80,182 64,836 1,187 0 181 53 0

ALLIANZ GLOBAL C&S 170,500 52,345 11,288 11,856 -5,422 0 1,368

ALLIED WORLD 95,994 87,308 3,214 700 1,772 505 96

AUTO & GENERAL 0 0 0 0 0 0 0

AVIVA 0 0 0 0 0 0 0

AXA INSURANCE 33,385 26,773 283 -11 1 0 69

AXIS SPECIALTY 280,811 233,060 3,450 528 1,849 89 0

BERKLEY INSURANCE 42,700 16,756 2,015 615 0 131 0

BERKSHIRE 165,660 133,314 1,755 0 -702 0 2

CHINA TAIPING 28,168 10,208 446 232 170 0 3

CHUBB INS 75,131 49,617 2,452 204 1,082 93 7,497

CIGNA EUROPE 0 0 0 0 0 0 0

COFACE 12,048 4,325 1,032 0 498 0 3,084

DIRECT ASIA 0 0 0 0 0 0 0

ECICS LTD 84 54 34 0 0 2 0

EQ INS 446 110 10 0 -1 0 2

ERGO 1,748 1,359 4 0 0 0 8

ETIQA PL 9,699 537 104 0 -1 0 74

EULER HERMES 27,480 23,932 414 74 130 19 269

FACTORY MUTUAL 0 0 0 0 0 0 0

FIRST CAPITAL 436,999 300,540 12,730 3,186 -6,383 45 2,408

FWD SINGAPORE 0 0 0 0 0 0 0

GARD (BERMUDA) 1 32,044 21,476 7 0

GARD MARINE 1,552 835 97 5 32 10 0

DIRECT INSURERS GROSS PREMIUMS

OUTWARD

REINSURANCE

PREMIUMS

INVESTMENT REVENUE

TABLE G6 GENERAL INSURANCE PROFIT & LOSS ACCOUNT: INCOME OF OFFSHORE INSURANCE FUNDS


OTHERSINVESTMENT

EXPENSES

GEG 16,190 12,565 184 0 61 0 0

GREAT AMERICAN 48,156 14,351 903 0 75 43 155

HDI GLOBAL 48,899 27,670 1,136 -55 217 0 431

HELVETIA SWISS 20,294 3,966 389 -19 320 1 1,617

HL ASSURANCE 15 14 0 0 0 0 0

INDIA INTERNATIONAL 83,915 47,907 6,704 643 2,217 35 7,042

JAPAN SHIP OWNERS' 1 0 0 0 0

LIBERTY INSURANCE 8,107 766 274 0 55 17 11

LIBERTY SPECIALTY SINGAPORE 239,730 171,054 3,620 1 4,513 215 7,418

LLOYD'S ASIA SCHEME 813,274 128,976 19,499 -4,057 5,538 747 6,763

LONPAC 0 0 0 0 0 0 0

MSIG 16,236 8,470 469 2 -4 0 44

NORTH OF ENGLAND P&I 1 0 0 0 0

NTUC INCOME 2,106 1,234 201 -13 -22 8 -3

QBE INS 81,165 48,030 1,313 1,065 -368 17 0

REARDON 2 0 0 196 -6 146 50 0

SHIPOWNERS' MUTUAL P&I 96,224 61,445 18 0 0 0 0

SKULD 1 11,682 9,105 0 165

SOMPO INS 11,240 7,517 3,353 -55 1,505 32 18

STANDARD CLUB 1 40,471 30,911 5 0

STARR INTERNATIONAL 172,928 169,644 3,926 10 8,691 0 1,174

STEAMSHIP MUTUAL 1 6,706 3,989 0 157

SWISS RE INTERNATIONAL 121,983 109,632 3,018 734 1,790 52 48

THE WEST OF ENGLAND 1 6,469 4,213 0 0

TOKIO MARINE INS 120,515 115,421 1,155 -71 821 35 69

TT CLUB 3,549 2,582 0 0 0 0 0

UK CLUB (EUROPE) 1 0 0 0 0

UOI 28,318 14,685 1,442 1,725 747 137 1

XL INS 204,158 160,347 11,037 1,019 2,093 1,141 13,095

ZURICH 120,756 92,928 2,072 650 557 134 8,597

($'000)

INTEREST/DIVIDEND/RE

NTAL INCOME

REALISED GAINS

(LOSSES) FROM LAST

REPORTED

VALUE/WRITE-BACKS

(WRITE-OFFS)

UNREALISED CHANGES

FROM LAST REPORTED

VALUE

ALLIANZ SE 1,149,165 70,613 36,239 8,549 25,136 727 4,311

REINSURERS GROSS PREMIUMS

OUTWARD

REINSURANCE

PREMIUMS

INVESTMENT REVENUE

INVESTMENT

EXPENSESOTHERS

ASIA CAPITAL RE 2 661,600 97,572 32,472 4,663 50,054 2,007 5,922

ASPEN INSURANCE 53,075 38,068 2,566 124 4,935 15 1,814

CHINA REINSURANCE 179,586 14,770 4,011 -115 -1,358 368 526

DAVINCI RE 24,471 13,226 0 0 693 56 0

ENDURANCE SPECIALTY 234,749 82,683 3,961 1,202 3,685 186 97

EVEREST RE 306,043 0 25,169 2,293 20,273 586 565

FIRST COAST 7,635 0 1,547 0 0 5,806 0

GENERAL RE 7,661 1,528 356 0 52 10 28

IAG RE 250,681 72,998 9,522 8,902 25,299 341 752

KOREAN RE 102,674 13,333 4,581 -19 2,437 32 1,547

MANATEE 4,987 0 598 0 0 2,985 1,684

MAPFRE RE 83,962 17,928 1,380 1,032 734 0 2

MILLI RE 27,382 1,301 1,336 -25 14 0 28

MUNICH RE 239,267 8,813 8,285 634 -1,107 248 3,427

ODYSSEY RE 361,184 10,599 11,817 1,391 14,286 962 83

ORCHARD ILS 8,362 4,057 803 0 0 0 0

PARTNER RE ASIA 759,127 449,509 14,737 5,487 14,628 2,268 61

RENAISSANCE RE 162,133 117,542 0 0 2,227 171 48

SAMSUNG RE 129,131 76,767 2,268 43 -649 17 1

SCOR RE AP 201,943 38,790 7,673 3,699 15,741 645 2,056

SINGAPORE RE 111,944 77,950 2,589 -19 -248 141 386

SIRIUS INTERNATIONAL 78,071 75,578 6,666 -60 627 0 4,137

SWISS RE ASIA 3,759,968 1,087,969 51,878 3,280 48,667 1,456 4,098

TOA RE 95,050 699 5,409 193 2,493 34 1,075

TRANSATLANTIC REINSURANCE 66,338 39 1,518 -20 1,079 43 11

VALIDUS RE 51,401 1,563 1,837 -7 1,583 11 185

XL BERMUDA 197,770 27,067 10,700 2,991 13,096 809 0

Notes:


2 On run-off.

($'000)

DIRECT INSURERS GROSS CLAIMSREINSURANCE

RECOVERABLES

MANAGEMENT

EXPENSES

DISTRIBUTION

EXPENSES

INCREASE (DECREASE)


ACYC 6,329 4,514 6,689 -1,508 4,304 1,270

AETNA 2 21 0 30 0 -104 -32

AETNA S'PORE BRANCH 3,952 370 2,253 379 826 2

AIA SPORE 0 0 0 0 0 0

AIG ASIA 30,617 24,629 18,299 -11,358 21,471 1,648

ALLIANZ GLOBAL C&S 74,918 19,381 29,270 14,761 342 5,775

ALLIED WORLD 125,985 105,542 22,580 -18,059 -14,250 2,421

AUTO & GENERAL 0 0 0 0 0 0

AVIVA 0 0 0 0 0 0

AXA INSURANCE 6,844 3,076 6,710 -605 -4,737 851

AXIS SPECIALTY 144,124 118,060 3,646 5,141 50,714 1,651

BERKLEY INSURANCE 42,037 19,813 8,758 7,179 -1,757 219

BERKSHIRE 226,853 192,786 6,481 -11,561 -21,785 31,136

CHINA TAIPING 15,389 3,526 3,346 5,329 1,064 1,183

CHUBB INS 38,040 32,896 7,230 5,817 1,516 1,030

CIGNA EUROPE 0 0 0 0 0 0

COFACE 11,327 4,381 7,314 2,910 -1,138 -81

DIRECT ASIA 0 0 0 0 0 0

ECICS LTD 0 0 62 -12 0 4

EQ INS 34 10 17 76 21 5

ERGO 2,418 2,340 439 135 -90 -26

ETIQA PL 1,029 12 1,390 4,672 1,077 187

EULER HERMES 15,027 13,519 8,162 -5,139 -216 1,678

FACTORY MUTUAL 0 0 0 0 0 0

FIRST CAPITAL 256,478 185,592 13,983 -37,827 50,434 6,453

FWD SINGAPORE 0 0 0 0 0 0

GARD (BERMUDA) 1 11,534 4,201 268 335 3,606 -5

GARD MARINE 189 -1 13 196 442 86

GEG 2,017 1,318 1,926 -742 775 318

GREAT AMERICAN 22,422 7,386 7,610 5,781 18,289 2,801

HDI GLOBAL 9,736 5,309 3,912 644 11,710 1,644

TABLE G7 GENERAL INSURANCE PROFIT & LOSS ACCOUNT: OUTGO OF OFFSHORE INSURANCE FUNDS


HELVETIA SWISS 5,196 1,516 4,916 2,223 11,531 659

HL ASSURANCE 3 2 5 -3 1 0

INDIA INTERNATIONAL 63,781 20,867 6,009 -442 3,086 3,256

JAPAN SHIP OWNERS' 1 0 0 0 0 0 0

LIBERTY INSURANCE 2,539 24 968 1,123 1,239 474

LIBERTY SPECIALTY SINGAPORE 36,125 39,074 23,241 9,479 40,018 10,626

LLOYD'S ASIA SCHEME 545,124 88,097 82,658 131,412 -8,636 15,149

LONPAC 0 0 0 0 0 0

MSIG -1,601 -4,122 4,427 229 1,941 16

NORTH OF ENGLAND P&I 1 0 0 0 0 0 0

NTUC INCOME 2,128 114 387 -32 205 68

QBE INS 34,071 24,431 12,128 1,626 4,090 1,957

REARDON 2 -470 22 869 0 -499 42

SHIPOWNERS' MUTUAL P&I 45,344 41,284 15,314 11,828 9,333 923

SKULD 1 1,965 1,691 1,828 -307 277 114

SOMPO INS 7,353 4,760 1,623 -52 -1,859 2,924

STANDARD CLUB 1 15,236 16,959 6,798 3,276 524 436

STARR INTERNATIONAL 48,857 48,325 8,095 -17,459 4,204 2,848

STEAMSHIP MUTUAL 1 1,243 266 156 1,392 140 0

SWISS RE INTERNATIONAL 22,583 15,874 27,838 840 -31,295 3,041

THE WEST OF ENGLAND 1 4,109 3,292 980 1,012 -68 136

TOKIO MARINE INS 35,779 34,197 4,297 -5,634 441 1,027

TT CLUB 778 715 525 293 323 54

UK CLUB (EUROPE) 1 15 13 0 0 -12 0

UOI 6,843 1,582 2,651 530 3,266 582

XL INS 85,246 44,518 21,676 5,591 8,108 6,568

ZURICH 18,009 13,922 24,283 -9,075 23,191 5,490

($'000)

REINSURERS GROSS CLAIMSREINSURANCE

RECOVERABLES

MANAGEMENT

EXPENSES

DISTRIBUTION

EXPENSES

INCREASE (DECREASE)


ALLIANZ SE 700,799 131,227 21,597 286,787 308,609 3,847

ASIA CAPITAL RE 2 418,706 106,382 23,742 130,341 182,757 9,867

ASPEN INSURANCE 26,789 18,576 9,134 1,585 -1,734 0

CHINA REINSURANCE 94,621 265 5,512 37,799 66,450 -5,733

DAVINCI RE 11,896 6,246 2,381 275 18,173 -27

ENDURANCE SPECIALTY 265,601 164,183 16,650 42,451 7,638 2,851

EVEREST RE 282,044 0 12,732 50,736 275,378 904

FIRST COAST 0 0 2,053 0 1,218 0

GENERAL RE 1 0 1,816 -500 2,579 -75

IAG RE 199,738 139,696 3,542 23,318 -35,968 19,995

KOREAN RE 52,499 3,101 3,201 27,625 1,178 3,556

MANATEE 0 0 1,801 0 762 0

MAPFRE RE 33,217 744 3,340 18,082 3,182 3,239

MILLI RE 28,369 1,631 2,368 6,448 1,125 469

MUNICH RE 104,043 0 17,988 61,678 28,058 3,283

ODYSSEY RE 340,890 142,539 11,159 67,262 215,955 7,238

ORCHARD ILS 0 0 71 0 4,014 933

PARTNER RE ASIA 399,816 253,156 14,124 55,331 96,377 3,312

RENAISSANCE RE 49,218 50,015 13,183 -2,427 43,830 923

SAMSUNG RE 37,582 22,275 5,524 7,074 17,715 1,775

SCOR RE AP 107,060 14,140 13,237 44,994 -567 4,425

SINGAPORE RE 50,987 32,445 4,694 7,158 8,884 3

SIRIUS INTERNATIONAL 32,610 54,011 8,447 859 12,048 2,306

SWISS RE ASIA 4,153,538 1,854,353 138,955 642,105 -102,899 22,921

TOA RE 32,989 0 3,374 36,517 40,984 32

TRANSATLANTIC REINSURANCE 36,157 24 6,399 10,781 13,519 1,639

VALIDUS RE 35,787 5,549 5,628 12,297 24,481 739

XL BERMUDA 179,439 14,709 22,339 34,399 -32,453 3,703

Notes:

1 Figures are in respect of Marine Mutual Insurers' financial years ended 20 Feb 2019 or 31 Mar

2019.

2 On run-off.

($'000)

PREMIUM LIABILITIES CLAIM LIABILITIESREINSURANCE

DEPOSITSOTHERS

ACYC 5,252 6,103 0 6,967

AETNA 2 0 14 0 23

AETNA S'PORE BRANCH 3,637 1,777 0 2,271

AIA SPORE 0 0 0 0

AIG ASIA 18,134 32,017 11,195 10,810

ALLIANZ GLOBAL C&S 71,190 256,469 71 26,692

ALLIED WORLD 15,580 42,277 0 204,881

AUTO & GENERAL 0 0 0 0

AVIVA 0 0 0 0

AXA INSURANCE 855 17,714 0 17,051

AXIS SPECIALTY 28,426 86,527 0 162,745

BERKLEY INSURANCE 9,989 54,647 0 20,921

BERKSHIRE 22,419 64,763 0 92,823

CHINA TAIPING 6,840 9,112 65 6,881

CHUBB INS 9,131 30,131 0 24,812

CIGNA EUROPE 0 0 0 0

COFACE 5,666 19,107 0 4,220

DIRECT ASIA 0 0 0 0

ECICS LTD 1 0 0 334

EQ INS 37 215 168 205

ERGO 122 295 15 1,409

ETIQA PL 3,623 3,303 0 753

EULER HERMES 12,988 1,497 0 20,012

FACTORY MUTUAL 0 0 0 0

FIRST CAPITAL 75,320 177,291 29,373 193,973

FWD SINGAPORE 0 0 0 0

GARD (BERMUDA) 1 0 7,487 0 3,187

GARD MARINE 229 1,006 0 1,952

GEG 1,125 3,012 837 8,862

GREAT AMERICAN 11,168 37,914 0 6,239

HDI GLOBAL 12,295 35,447 0 35,918

HELVETIA SWISS 11,171 18,958 0 3,058

HL ASSURANCE 0 1 0 3

INDIA INTERNATIONAL 22,324 90,775 880 48,300

JAPAN SHIP OWNERS' 1 0 0 0 0

TABLE G8 GENERAL INSURANCE: ASSETS AND LIABILITIES OF OFFSHORE INSURANCE FUNDS

FOR THE YEAR ENDED 31ST DECEMBER 2019 (PART I)

DIRECT INSURERS

LIABILITIES

LIBERTY INSURANCE 6,792 1,636 0 675

LIBERTY SPECIALTY SINGAPORE 55,608 60,676 4,651 96,550

LLOYD'S ASIA SCHEME 267,482 893,053 2,901 848,497

LONPAC 0 0 0 0

MSIG 1,596 5,396 0 2,920

NORTH OF ENGLAND P&I 1 0 0 0 0

NTUC INCOME 162 3,058 0 616

QBE INS 23,153 33,604 0 36,773

REARDON 2 0 3,917 0 747

SHIPOWNERS' MUTUAL P&I 18,937 17,165 0 18,789

SKULD 1 305 2,395 0 2,792

SOMPO INS 1,041 1,270 0 5,553

STANDARD CLUB 1 14 6,660 0 4,727

STARR INTERNATIONAL 15,227 5,692 0 78,940

STEAMSHIP MUTUAL 1 0 140 0 3,821

SWISS RE INTERNATIONAL 32,466 46,322 0 94,129

THE WEST OF ENGLAND 1 0 909 0 1,273

TOKIO MARINE INS 3,589 1,776 19,328 16,405

TT CLUB 95 480 0 1,539

UK CLUB (EUROPE) 1 0 10 0 0

UOI 5,329 17,727 909 2,854

XL INS 97,191 216,228 0 292,543

ZURICH 32,032 28,308 0 44,592

($'000)

PREMIUM LIABILITIES CLAIM LIABILITIESREINSURANCE

DEPOSITSOTHERS

ALLIANZ SE 362,454 1,240,682 1,848 43,568

ASIA CAPITAL RE 2 221,751 713,984 0 164,617

ASPEN INSURANCE 12,991 35,959 0 77,269

CHINA REINSURANCE 57,280 168,539 0 15,264

DAVINCI RE 1,458 30,698 0 3,581

ENDURANCE SPECIALTY 56,246 154,690 53 104,907

EVEREST RE 40,113 671,112 0 13,488

FIRST COAST 1,207 0 0 135,881

GENERAL RE 2,473 13,193 0 2,398

IAG RE 111,693 50,292 6,549 20,096

KOREAN RE 34,842 102,287 773 10,798

MANATEE 755 0 0 55,334

MAPFRE RE 27,235 50,625 0 38,999

MILLI RE 10,080 37,006 0 2,378

MUNICH RE 53,036 236,143 0 11,030

REINSURERS

LIABILITIES

ODYSSEY RE 100,055 535,843 0 5,948

ORCHARD ILS 3,995 0 70,998 58

PARTNER RE ASIA 127,959 479,038 7 238,403

RENAISSANCE RE 22,541 95,138 0 56,851

SAMSUNG RE 25,829 49,775 1,633 28,071

SCOR RE AP 61,008 269,757 112 76,897

SINGAPORE RE 19,607 65,049 3,589 27,843

SIRIUS INTERNATIONAL 13,039 58,138 8,545 160,990

SWISS RE ASIA 614,275 2,311,377 6,457 285,801

TOA RE 37,220 88,723 0 2,187

TRANSATLANTIC REINSURANCE 29,083 60,639 0 3,113

VALIDUS RE 18,633 68,125 0 3,494

XL BERMUDA 89,106 279,087 6,417 45,847

Notes:


2 On run-off.

($'000)


ACYC 0 0 0 0 10,141 19,192

AETNA 2 0 1,000 0 0 896 8

AETNA S'PORE BRANCH 0 4,996 0 0 2,543 4,479

AIA SPORE 0 0 0 0 0 0

AIG ASIA 0 55,117 0 0 29,202 44,550

ALLIANZ GLOBAL C&S 0 523,172 0 0 32,559 80,349

ALLIED WORLD 382 306,104 0 0 21,190 61,831

AUTO & GENERAL 0 0 0 0 0 0

AVIVA 0 0 0 0 0 0

AXA INSURANCE 0 0 0 0 26,979 25,062

AXIS SPECIALTY 0 279,260 0 0 49,222 133,020

BERKLEY INSURANCE 0 82,943 0 0 22,730 30,361

BERKSHIRE 0 134,071 0 0 116,041 92,793

CHINA TAIPING 0 0 0 0 25,751 5,194

CHUBB INS 0 88,996 0 0 6,966 36,265

CIGNA EUROPE 0 0 0 0 0 0

COFACE 0 55,338 0 0 3,230 11,598

DIRECT ASIA 0 0 0 0 0 0

ECICS LTD 0 0 0 0 2,085 42

EQ INS 0 0 0 0 1,399 68

ERGO 0 0 0 0 1,667 1,646

ETIQA PL 0 0 0 0 5,903 3,995

EULER HERMES 0 24,676 0 0 4,644 34,117

FACTORY MUTUAL 0 0 0 0 0 0

FIRST CAPITAL 0 94,693 0 7,000 569,166 150,055

FWD SINGAPORE 0 0 0 0 0 0

GARD (BERMUDA) 1 0 9,385 0 0 10,049 3,478

GARD MARINE 0 2,293 0 0 3,693 530

GEG 0 0 0 0 18,056 2,938

TABLE G8 GENERAL INSURANCE: ASSETS AND LIABILITIES OF OFFSHORE INSURANCE FUNDS

FOR THE YEAR ENDED 31ST DECEMBER 2019 (PART II)

DIRECT INSURERS

ASSETS

GREAT AMERICAN 0 27,735 0 0 41,716 21,881

HDI GLOBAL 0 78,720 0 0 13,208 23,763

HELVETIA SWISS 0 18,376 629 0 13,309 12,884

HL ASSURANCE 0 0 0 0 148 2

INDIA INTERNATIONAL 14,675 95,312 0 0 85,775 36,784

JAPAN SHIP OWNERS' 1 0 0 0 0 0 0

LIBERTY INSURANCE 0 12,316 0 0 6,935 1,507

LIBERTY SPECIALTY SINGAPORE 0 180,981 0 0 15,637 114,188

LLOYD'S ASIA SCHEME 92,267 664,421 0 0 528,961 563,493

LONPAC 0 0 0 0 0 0

MSIG 0 0 0 0 29,252 3,575

NORTH OF ENGLAND P&I 1 0 0 0 0 0 0

NTUC INCOME 0 6,370 0 0 1,371 871

QBE INS 0 111,853 0 0 1,070 51,634

REARDON 2 0 6,547 0 0 495 70

SHIPOWNERS' MUTUAL P&I 0 0 9,489 0 25,852 24,101

SKULD 1 0 0 0 0 6,127 658

SOMPO INS 0 97,200 0 0 61,860 10,143

STANDARD CLUB 1 0 1,995 0 0 7,547 10,790

STARR INTERNATIONAL 0 124,700 0 0 12,021 79,832

STEAMSHIP MUTUAL 1 0 0 0 0 1,820 2,757

SWISS RE INTERNATIONAL 0 120,477 0 0 9,306 103,101

THE WEST OF ENGLAND 1 0 0 0 0 4,530 1,107

TOKIO MARINE INS 5,845 19,834 0 0 22,875 24,280

TT CLUB 0 0 0 0 1 5,383

UK CLUB (EUROPE) 1 0 0 0 0 105 771

UOI 8,942 33,516 0 0 17,501 9,809

XL INS 4,346 543,485 0 0 66,116 198,998

ZURICH 12,743 66,297 0 0 1,916 62,591

($'000)


ALLIANZ SE 1,485,974 394,711 0 0 275,538 477,596

ASIA CAPITAL RE 2 564,213 312,403 0 0 99,757 500,477

ASPEN INSURANCE 0 94,472 0 0 24,867 40,194

REINSURERS

ASSETS

CHINA REINSURANCE 14,164 142,515 0 0 36,734 94,051

DAVINCI RE 34,327 0 0 0 9,512 13,863

ENDURANCE SPECIALTY 0 87,442 0 33 52,249 255,550

EVEREST RE 0 829,694 0 0 111,771 101,885

FIRST COAST 134,927 0 0 0 36 2,228

GENERAL RE 0 24,510 0 0 7,828 2,136

IAG RE 68,258 115,497 0 94,587 22,561 161,645

KOREAN RE 0 155,307 0 0 45,857 49,415

MANATEE 53,971 0 0 0 3 3,820

MAPFRE RE 0 71,678 501 0 10,783 58,765

MILLI RE 0 0 0 0 53,223 12,472

MUNICH RE 0 311,058 0 0 21,103 109,547

ODYSSEY RE 126,371 648,333 0 0 27,444 165,819

ORCHARD ILS 70,810 0 0 0 123 4,206

PARTNER RE ASIA 55,303 485,374 0 0 69,633 466,002

RENAISSANCE RE 100,314 0 0 0 17,817 114,446

SAMSUNG RE 0 18,739 0 0 103,525 41,605

SCOR RE AP 27,411 316,759 0 0 5,305 114,882

SINGAPORE RE 10,118 44,089 4,371 0 29,789 46,671

SIRIUS INTERNATIONAL 0 241,244 0 0 15,357 57,692

SWISS RE ASIA 197,634 2,480,853 0 0 20,094 1,511,474

TOA RE 0 250,004 0 0 3,823 48,328

TRANSATLANTIC REINSURANCE 0 72,043 0 0 13,193 35,220

VALIDUS RE 0 60,986 0 0 19,406 25,329

XL BERMUDA 0 407,717 0 0 22,811 165,432

Notes:


2 On run-off.

($'000)

CARGO MARINE HULL AVIATION HULL PROPERTY MOTOR ENGINEERING LIABILITY AND OTHERS TOTAL

ACYC 0 0 0 0 0 0 30,339 30,339

AETNA 2 0 0 0 0 0 0 0 0

AETNA S'PORE BRANCH 0 0 0 0 0 0 6,383 6,383

AIA SPORE 0 0 0 0 0 0 0 0

AIG ASIA 4,950 267 28,526 29,263 0 10,973 6,203 80,182

ALLIANZ GLOBAL C&S 8,568 12,792 -81 74,417 0 47,950 26,854 170,500

ALLIED WORLD 7,643 6 0 66,002 741 13,088 8,512 95,994

AUTO & GENERAL 0 0 0 0 0 0 0 0

AVIVA 0 0 0 0 0 0 0 0

AXA INSURANCE 1,197 247 0 14,036 0 119 17,786 33,385

AXIS SPECIALTY 298 3 0 217,018 7,825 9,358 46,310 280,811

BERKLEY INSURANCE 3,485 1,300 0 22,911 820 347 13,838 42,700

BERKSHIRE 6,794 3,625 0 136,305 -1,265 12,302 7,900 165,660

CHINA TAIPING 3,228 1,775 0 16,128 2,686 456 3,895 28,168

CHUBB INS 5,320 2,759 0 40,027 5 4,832 22,187 75,131

CIGNA EUROPE 0 0 0 0 0 0 0 0

COFACE 0 0 0 0 0 0 12,048 12,048

DIRECT ASIA 0 0 0 0 0 0 0 0

ECICS LTD 0 0 0 0 0 0 84 84

EQ INS 231 17 0 27 0 0 171 446

ERGO 1,041 330 71 15 0 0 291 1,748

ETIQA PL 841 68 0 8,791 0 0 0 9,699

EULER HERMES 0 0 0 0 0 0 27,480 27,480

FACTORY MUTUAL 0 0 0 0 0 0 0 0

FIRST CAPITAL 1,852 62,878 5,428 244,888 91,820 13,994 16,140 436,999


GARD (BERMUDA) 1 0 32,044 0 0 0 0 0 32,044

GARD MARINE 0 1,552 0 0 0 0 0 1,552

GEG 2,428 97 0 9,477 0 341 3,846 16,190

DIRECT INSURERS

GROSS PREMIUMS

TABLE G9 GENERAL INSURANCE: PREMIUMS OF OFFSHORE INSURANCE FUNDS FOR THE YEAR ENDED 31ST DECEMBER 2019 (PART I)

GREAT AMERICAN 18,244 25,799 0 1,124 0 0 2,989 48,156

HDI GLOBAL 6,551 15 0 37,501 0 3,107 1,725 48,899

HELVETIA SWISS 4,520 148 0 329 0 15,287 9 20,294

HL ASSURANCE 0 0 0 15 0 0 0 15

INDIA INTERNATIONAL 2,232 37,078 5,840 38,551 0 85 129 83,915

JAPAN SHIP OWNERS' 1 0 0 0 0 0 0 0 0

LIBERTY INSURANCE 1,524 0 0 147 0 180 6,256 8,107

LIBERTY SPECIALTY SINGAPORE 4,482 2,866 0 32,761 0 13,500 186,122 239,730

LLOYD'S ASIA SCHEME 75,617 145,180 8,439 411,845 2,421 14,013 155,758 813,274

LONPAC 0 0 0 0 0 0 0 0

MSIG 10,799 824 0 1,992 349 1,531 741 16,236

NORTH OF ENGLAND P&I 1 0 0 0 0 0 0 0 0

NTUC INCOME 569 154 0 1,299 0 10 74 2,106

QBE INS 7,309 13,860 0 6,983 32 16,869 36,112 81,165

REARDON 2 0 0 0 0 0 0 0 0

SHIPOWNERS' MUTUAL P&I 0 96,224 0 0 0 0 0 96,224

SKULD 1 0 11,682 0 0 0 0 0 11,682

SOMPO INS 4,778 1 0 4,348 0 289 1,824 11,240

STANDARD CLUB 1 0 40,471 0 0 0 0 0 40,471

STARR INTERNATIONAL 4,784 0 0 142,013 0 21,030 5,102 172,928

STEAMSHIP MUTUAL 1 0 6,706 0 0 0 0 0 6,706

SWISS RE INTERNATIONAL 3,126 5,237 -25 52,994 0 11,202 49,449 121,983

THE WEST OF ENGLAND 1 0 6,469 0 0 0 0 0 6,469

TOKIO MARINE INS 10,150 524 0 86,871 701 3,996 18,274 120,515

TT CLUB 0 3,549 0 0 0 0 0 3,549

UK CLUB (EUROPE) 1 0 0 0 0 0 0 0 0

UOI 475 150 0 17,167 0 262 10,263 28,318

XL INS 20,435 21,743 7,869 46,997 0 6,903 100,212 204,158

ZURICH 6,495 284 0 67,923 0 11,963 34,091 120,756

($'000)


ALLIANZ SE 10,180 12,685 -11 757,550 319,500 28,196 21,065 1,149,165

ASIA CAPITAL RE 2 27,780 82,722 46,950 289,866 113,049 24,157 77,077 661,600

ASPEN INSURANCE 2,787 664 0 32,069 0 0 17,556 53,075

REINSURERS

GROSS PREMIUMS

CHINA REINSURANCE 3,681 3,099 24 111,148 17,992 8,350 35,292 179,586

DAVINCI RE 0 0 0 24,471 0 0 0 24,471

ENDURANCE SPECIALTY 9,469 5,072 0 207,404 6,942 2,698 3,164 234,749

EVEREST RE 2,871 1,260 0 227,218 22,067 18,132 34,495 306,043

FIRST COAST 0 0 0 7,635 0 0 0 7,635

GENERAL RE 88 310 0 6,662 81 -2 522 7,661

IAG RE 1,571 1,659 0 259,547 -24,734 8,298 4,339 250,681

KOREAN RE 3,767 2,298 38 62,845 12,312 2,620 18,793 102,674

MANATEE 0 0 0 4,987 0 0 0 4,987

MAPFRE RE 1,876 2,732 1 54,169 6,830 15,021 3,334 83,962

MILLI RE 306 276 0 23,214 222 3,153 212 27,382

MUNICH RE 7,996 3,044 0 69,078 90,007 41,241 27,901 239,267

ODYSSEY RE 4,381 8,719 0 297,722 3,953 2,733 43,676 361,184

ORCHARD ILS 0 0 0 8,362 0 0 0 8,362

PARTNER RE ASIA 9,384 19,819 38,043 366,950 91,910 30,838 202,183 759,127

RENAISSANCE RE 962 150 0 97,677 99 0 63,245 162,133

SAMSUNG RE 30,562 67 0 81,202 104 8,390 8,807 129,131

SCOR RE AP 5,844 2,948 0 172,927 2,117 15,417 2,690 201,943

SINGAPORE RE 2,030 9,978 0 82,628 4,104 2,422 10,783 111,944

SIRIUS INTERNATIONAL 286 2,784 0 73,106 0 602 1,293 78,071

SWISS RE ASIA 105,361 121,878 14,462 1,900,381 819,089 415,265 383,533 3,759,968

TOA RE 2,963 1,398 0 36,483 45,569 3,152 5,484 95,050

TRANSATLANTIC REINSURANCE 509 392 0 42,985 9,818 986 11,647 66,338

VALIDUS RE 705 5,520 0 39,513 0 0 5,663 51,401

XL BERMUDA 3,580 7,173 0 159,267 2,680 585 24,484 197,770

Notes:


2 On run-off.

($'000)


ACYC 0 0 0 0 0 0 4,309 4,309

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 248 0 0 445 0 0 0 694

ALLIANZ GLOBAL C&S 1,034 0 0 0 0 104 0 1,137

ALLIED WORLD 28 0 0 54 0 618 11 712

AUTO & GENERAL 0 0 0 0 0 0 0 0

AVIVA 0 0 0 0 0 0 0 0

AXA INSURANCE 147 0 0 2,423 0 0 130 2,701

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 1,584 468 0 3,700 0 274 727 6,753

CHUBB INS 90 0 0 15,986 0 0 41 16,117

CIGNA EUROPE 0 0 0 0 0 0 0 0

COFACE 0 0 0 0 0 0 0 0

DIRECT ASIA 0 0 0 0 0 0 0 0

ECICS LTD 0 0 0 0 0 0 0 0

EQ INS 46 11 0 8 0 0 2 66

ERGO 553 175 0 6 0 0 179 912

ETIQA PL 416 0 0 0 0 0 0 416

EULER HERMES 0 0 0 0 0 0 0 0


FIRST CAPITAL 408 17,025 5,531 119,022 0 7,036 1,691 150,713


GARD (BERMUDA) 1 0 0 0 0 0 0 0 0

GARD MARINE 0 0 0 0 0 0 0 0

GEG 929 29 0 1,263 0 161 2,106 4,489

DIRECT INSURERS


TABLE G9 GENERAL INSURANCE: PREMIUMS OF OFFSHORE INSURANCE FUNDS FOR THE YEAR ENDED 31ST DECEMBER 2019 (PART II)

GREAT AMERICAN 6,143 6,460 0 259 0 1 272 13,134

HDI GLOBAL 832 0 0 0 0 0 0 832

HELVETIA SWISS 0 0 0 0 0 0 0 0

HL ASSURANCE 0 0 0 3 0 0 0 3

INDIA INTERNATIONAL 408 2,365 0 22,869 0 48 72 25,763


LIBERTY INSURANCE 193 0 0 0 0 3 22 218

LIBERTY SPECIALTY SINGAPORE 0 49 0 -17 0 0 270 303

LLOYD'S ASIA SCHEME -16 -25 0 -39 0 0 258 177

LONPAC 0 0 0 0 0 0 0 0

MSIG 1,846 40 0 247 0 282 10 2,425


NTUC INCOME 209 40 0 599 0 0 42 891

QBE INS 1,916 83 0 314 0 2,244 1,425 5,983

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 244 0 0 -3 0 0 1,230 1,471

STANDARD CLUB 1 0 0 0 0 0 0 0 0

STARR INTERNATIONAL 0 0 0 21,142 0 1,129 259 22,530

STEAMSHIP MUTUAL 1 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 856 252 0 2,286 0 294 1,904 5,591

TT CLUB 0 0 0 0 0 0 0 0

UK CLUB (EUROPE) 1 0 0 0 0 0 0 0 0

UOI 231 82 0 5,205 0 37 3,985 9,539

XL INS 1,697 27 0 0 0 0 262 1,985

ZURICH 41 58 0 871 0 142 255 1,368

($'000)


ALLIANZ SE 0 0 0 0 0 0 0 0

ASIA CAPITAL RE 2 20 192 3,709 803 0 31 109 4,863

REINSURERS


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

EVEREST RE 0 0 0 0 0 0 0 0

FIRST COAST 0 0 0 0 0 0 0 0

GENERAL RE 0 0 0 0 0 0 0 0

IAG RE 90 -37 0 10,998 122 17 335 11,525

KOREAN RE 0 0 0 1,282 0 0 0 1,282

MANATEE 0 0 0 0 0 0 0 0

MAPFRE RE 0 0 0 360 0 0 0 360

MILLI RE 0 0 0 317 0 0 0 317

MUNICH RE 0 0 0 0 0 0 0 0

ODYSSEY RE 0 0 0 0 0 0 0 0

ORCHARD ILS 0 0 0 0 0 0 0 0

PARTNER RE ASIA 0 0 0 0 0 0 0 0

RENAISSANCE RE 0 0 0 0 0 0 0 0

SAMSUNG RE 421 1 0 3,180 0 116 0 3,718

SCOR RE AP 0 0 0 301 0 0 0 301

SINGAPORE RE 791 4,937 0 29,644 1,594 235 6,261 43,462

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 0 165 64 16 47 292

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 2019 or 31 Mar

2019.

2 On run-off.

($'000)


ACYC 0 0 0 0 0 0 15,537 15,537

AETNA 2 0 0 0 0 0 0 0 0

AETNA S'PORE BRANCH 0 0 0 0 0 0 50 50

AIA SPORE 0 0 0 0 0 0 0 0

AIG ASIA 3,289 174 28,526 19,990 0 8,007 4,156 64,142

ALLIANZ GLOBAL C&S 1,827 452 -27 38,334 0 7,384 3,237 51,208

ALLIED WORLD 6,569 5 0 60,389 641 11,616 7,376 86,597

AUTO & GENERAL 0 0 0 0 0 0 0 0

AVIVA 0 0 0 0 0 0 0 0

AXA INSURANCE 246 94 0 6,638 0 14 17,080 24,072

AXIS SPECIALTY 237 4 0 182,322 5,971 7,101 37,425 233,060

BERKLEY INSURANCE 1,620 580 0 12,493 86 86 1,891 16,756

BERKSHIRE 5,458 2,914 0 109,680 -1,012 9,905 6,369 133,314

CHINA TAIPING 565 19 0 2,638 0 112 123 3,456

CHUBB INS 2,186 1,026 0 13,941 0 3,280 13,066 33,500

CIGNA EUROPE 0 0 0 0 0 0 0 0

COFACE 0 0 0 0 0 0 4,325 4,325

DIRECT ASIA 0 0 0 0 0 0 0 0

ECICS LTD 0 0 0 0 0 0 54 54

EQ INS 36 0 0 6 0 0 2 44

ERGO 61 155 71 1 0 0 158 447

ETIQA PL 121 0 0 0 0 0 0 121

EULER HERMES 0 0 0 0 0 0 23,932 23,932


FIRST CAPITAL 1,203 20,639 -102 98,832 19,554 5,244 4,455 149,827


GARD (BERMUDA) 1 0 21,476 0 0 0 0 0 21,476

GARD MARINE 0 835 0 0 0 0 0 835

GEG 579 26 0 6,076 0 65 1,330 8,076

DIRECT INSURERS


TABLE G9 GENERAL INSURANCE: PREMIUMS OF OFFSHORE INSURANCE FUNDS FOR THE YEAR ENDED 31ST DECEMBER 2019 (PART III)

GREAT AMERICAN 301 738 0 133 0 1 44 1,217

HDI GLOBAL 4,335 0 0 20,251 0 1,608 644 26,839

HELVETIA SWISS 134 150 0 0 0 3,683 0 3,966

HL ASSURANCE 0 0 0 11 0 0 0 11

INDIA INTERNATIONAL 239 7,211 5,684 8,974 0 21 16 22,144


LIBERTY INSURANCE 39 0 0 21 0 0 489 549

LIBERTY SPECIALTY SINGAPORE 1,513 1,870 0 23,735 0 3,727 139,905 170,751

LLOYD'S ASIA SCHEME 6,735 25,044 62 59,535 149 5,186 32,089 128,799

LONPAC 0 0 0 0 0 0 0 0

MSIG 1,440 784 0 1,736 349 1,186 550 6,045


NTUC INCOME 65 23 0 231 0 0 25 344

QBE INS 345 7,667 0 4,500 41 7,792 21,701 42,047

REARDON 2 0 0 0 0 0 0 0 0


SKULD 1 0 9,105 0 0 0 0 0 9,105

SOMPO INS 1,066 1 0 4,361 0 249 370 6,047

STANDARD CLUB 1 0 30,911 0 0 0 0 0 30,911

STARR INTERNATIONAL 4,582 0 0 119,759 0 19,670 3,104 147,115


SWISS RE INTERNATIONAL 3,263 5,128 178 47,015 0 9,288 44,760 109,632


TOKIO MARINE INS 4,359 268 0 84,709 701 3,695 16,098 109,830

TT CLUB 0 2,582 0 0 0 0 0 2,582

UK CLUB (EUROPE) 1 0 0 0 0 0 0 0 0

UOI 19 1 0 4,144 0 20 961 5,146

XL INS 5,892 15,591 5,339 49,751 0 4,934 76,855 158,362

ZURICH 3,964 150 0 45,846 0 11,044 30,556 91,560

($'000)


ALLIANZ SE 2,399 1,487 0 57,691 2,349 3,795 2,892 70,613

ASIA CAPITAL RE 2 1,279 19,431 23,536 40,354 59 4,371 3,679 92,709

REINSURERS


ASPEN INSURANCE 2,073 494 0 25,128 0 0 10,373 38,068

CHINA REINSURANCE 36 1,182 -61 12,662 614 147 191 14,770

DAVINCI RE 0 0 0 13,226 0 0 0 13,226

ENDURANCE SPECIALTY 3,486 1,830 0 76,146 439 506 276 82,683

EVEREST RE 0 0 0 0 0 0 0 0

FIRST COAST 0 0 0 0 0 0 0 0

GENERAL RE 80 0 0 1,328 16 1 103 1,528

IAG RE -115 749 0 83,299 -25,444 416 2,567 61,472

KOREAN RE 1 236 0 12,624 0 1 -811 12,051

MANATEE 0 0 0 0 0 0 0 0

MAPFRE RE 0 0 0 16,536 0 1,032 0 17,568

MILLI RE 0 0 0 984 0 0 0 984

MUNICH RE 232 0 0 4,552 906 2,899 225 8,813

ODYSSEY RE 0 0 0 10,551 48 0 0 10,599

ORCHARD ILS 0 0 0 4,057 0 0 0 4,057

PARTNER RE ASIA 5,155 9,901 19,022 252,928 45,991 15,419 101,092 449,509

RENAISSANCE RE 731 126 0 69,326 73 0 47,286 117,542

SAMSUNG RE 13,081 60 0 49,750 93 5,064 5,002 73,050

SCOR RE AP -9 -24 0 36,019 67 2,325 112 38,490

SINGAPORE RE 359 2,955 0 28,845 726 1,800 -197 34,488

SIRIUS INTERNATIONAL 303 2,948 0 70,786 0 583 959 75,578

SWISS RE ASIA 3,743 -19,476 -210 302,410 568,153 12,187 221,162 1,087,969

TOA RE 70 24 0 177 69 18 50 407

TRANSATLANTIC REINSURANCE 0 0 0 39 0 0 0 39

VALIDUS RE 3 11 0 1,549 0 0 0 1,563

XL BERMUDA 537 49 0 26,179 29 35 237 27,067

Notes:


2 On run-off.

($'000)


ACYC 0 0 0 0 0 0 10,494 10,494

AETNA 2 0 0 0 0 0 0 0 0

AETNA S'PORE BRANCH 0 0 0 0 0 0 6,332 6,332

AIA SPORE 0 0 0 0 0 0 0 0

AIG ASIA 1,413 93 0 8,828 0 2,965 2,047 15,347

ALLIANZ GLOBAL C&S 5,707 12,339 -54 36,083 0 40,463 23,617 118,155

ALLIED WORLD 1,046 1 0 5,559 101 854 1,125 8,686

AUTO & GENERAL 0 0 0 0 0 0 0 0

AVIVA 0 0 0 0 0 0 0 0

AXA INSURANCE 804 153 0 4,975 0 105 576 6,612

AXIS SPECIALTY 61 -2 0 34,696 1,854 2,257 8,885 47,750

BERKLEY INSURANCE 1,865 720 0 10,418 734 261 11,947 25,944

BERKSHIRE 1,335 711 0 26,625 -253 2,397 1,531 32,346

CHINA TAIPING 1,080 1,288 0 9,791 2,686 71 3,044 17,960

CHUBB INS 3,044 1,733 0 10,099 5 1,552 9,080 25,514

CIGNA EUROPE 0 0 0 0 0 0 0 0

COFACE 0 0 0 0 0 0 7,723 7,723

DIRECT ASIA 0 0 0 0 0 0 0 0

ECICS LTD 0 0 0 0 0 0 30 30

EQ INS 149 6 0 14 0 0 168 336

ERGO 427 0 0 8 0 0 -46 389

ETIQA PL 304 68 0 8,791 0 0 0 9,163

EULER HERMES 0 0 0 0 0 0 3,548 3,548


FIRST CAPITAL 240 25,214 -1 27,035 72,265 1,713 9,994 136,459


GARD (BERMUDA) 1 0 10,568 0 0 0 0 0 10,568

GARD MARINE 0 717 0 0 0 0 0 717

GEG 920 42 0 2,138 0 115 410 3,625

DIRECT INSURERS

NET PREMIUMS

TABLE G9 GENERAL INSURANCE: PREMIUMS OF OFFSHORE INSURANCE FUNDS FOR THE YEAR ENDED 31ST DECEMBER 2019 (PART IV)

GREAT AMERICAN 11,800 18,602 0 732 0 -2 2,673 33,805

HDI GLOBAL 1,384 15 0 17,250 0 1,500 1,081 21,229

HELVETIA SWISS 4,387 -2 0 329 0 11,605 9 16,327

HL ASSURANCE 0 0 0 1 0 0 0 1

INDIA INTERNATIONAL 1,585 27,501 156 6,708 0 16 41 36,008


LIBERTY INSURANCE 1,292 0 0 126 0 177 5,745 7,341

LIBERTY SPECIALTY SINGAPORE 2,968 947 0 9,042 0 9,773 45,946 68,676

LLOYD'S ASIA SCHEME 68,898 120,161 8,377 352,350 2,273 8,827 123,411 684,298

LONPAC 0 0 0 0 0 0 0 0

MSIG 7,513 -1 0 9 0 63 181 7,766


NTUC INCOME 296 91 0 469 0 10 7 871

QBE INS 5,048 6,109 0 2,169 -10 6,833 12,986 33,135

REARDON 2 0 0 0 0 0 0 0 0


SKULD 1 0 2,577 0 0 0 0 0 2,577

SOMPO INS 3,468 0 0 -10 0 40 225 3,723

STANDARD CLUB 1 0 9,561 0 0 0 0 0 9,561

STARR INTERNATIONAL 202 0 0 1,112 0 231 1,739 3,284


SWISS RE INTERNATIONAL -137 109 -203 5,979 0 1,914 4,690 12,351


TOKIO MARINE INS 4,935 5 0 -124 0 6 272 5,094

TT CLUB 0 967 0 0 0 0 0 967

UK CLUB (EUROPE) 1 0 0 0 0 0 0 0 0

UOI 225 66 0 7,818 0 206 5,317 13,633

XL INS 12,846 6,124 2,529 -2,754 0 1,968 23,096 43,811

ZURICH 2,490 76 0 21,206 0 777 3,279 27,828

($'000)


ALLIANZ SE 7,781 11,198 -11 699,860 317,150 24,401 18,173 1,078,552

ASIA CAPITAL RE 2 26,482 63,100 19,704 248,709 112,989 19,755 73,290 564,029

REINSURERS

NET PREMIUMS

ASPEN INSURANCE 714 170 0 6,941 0 0 7,183 15,007

CHINA REINSURANCE 3,645 1,917 86 98,486 17,378 8,203 35,101 164,816

DAVINCI RE 0 0 0 11,245 0 0 0 11,245

ENDURANCE SPECIALTY 5,984 3,242 0 131,258 6,503 2,192 2,888 152,067

EVEREST RE 2,871 1,260 0 227,218 22,067 18,132 34,495 306,043

FIRST COAST 0 0 0 7,635 0 0 0 7,635

GENERAL RE 8 310 0 5,333 64 -2 419 6,133

IAG RE 1,596 947 0 165,250 589 7,865 1,437 177,683

KOREAN RE 3,767 2,061 38 48,939 12,312 2,620 19,605 89,340

MANATEE 0 0 0 4,987 0 0 0 4,987

MAPFRE RE 1,876 2,732 1 37,273 6,830 13,989 3,334 66,034

MILLI RE 306 276 0 21,913 222 3,153 212 26,082

MUNICH RE 7,765 3,044 0 64,526 89,101 38,341 27,677 230,454

ODYSSEY RE 4,381 8,719 0 287,171 3,905 2,733 43,676 350,585

ORCHARD ILS 0 0 0 4,305 0 0 0 4,305

PARTNER RE ASIA 4,228 9,918 19,021 114,022 45,919 15,419 101,092 309,619

RENAISSANCE RE 231 24 0 28,351 26 0 15,960 44,591

SAMSUNG RE 17,060 6 0 28,272 11 3,209 3,805 52,363

SCOR RE AP 5,853 2,972 0 136,607 2,050 13,092 2,578 163,152

SINGAPORE RE 880 2,087 0 24,139 1,784 387 4,718 33,994

SIRIUS INTERNATIONAL -17 -164 0 2,320 0 19 334 2,493

SWISS RE ASIA 101,617 141,354 14,672 1,597,971 250,936 403,078 162,372 2,671,999

TOA RE 2,893 1,375 0 36,140 45,437 3,118 5,388 94,351

TRANSATLANTIC REINSURANCE 509 392 0 42,946 9,818 986 11,647 66,299

VALIDUS RE 702 5,509 0 37,963 0 0 5,663 49,838

XL BERMUDA 3,043 7,124 0 133,088 2,650 550 24,247 170,703

Notes:


2 On run-off.

($'000)

DIRECT INSURERS CHANGE IN PREMIUM LIABILITES EARNED PREMIUMS

ACYC 1,651 8,843

AETNA 2 0 0

AETNA S'PORE BRANCH 495 5,837

AIA SPORE 0 0

AIG ASIA 2,011 13,336

ALLIANZ GLOBAL C&S 3,168 114,987

ALLIED WORLD 518 8,167

AUTO & GENERAL 0 0

AVIVA 0 0

AXA INSURANCE -753 7,365

AXIS SPECIALTY 8,086 39,664

BERKLEY INSURANCE 2,352 23,592

BERKSHIRE -4,929 37,275

CHINA TAIPING -360 18,319

CHUBB INS -3,363 28,877

CIGNA EUROPE 0 0

COFACE -3,253 10,977

DIRECT ASIA 0 0

ECICS LTD 0 29

EQ INS -110 445

ERGO -173 562

ETIQA PL 377 8,786

EULER HERMES 3,210 339

FACTORY MUTUAL 0 0

FIRST CAPITAL 20,906 115,553

FWD SINGAPORE 0 0

GARD (BERMUDA) 1 0 10,568

GARD MARINE 35 682

GEG 233 3,392

GREAT AMERICAN 2,516 31,288

HDI GLOBAL -3,449 24,678

HELVETIA SWISS 4,123 12,204

HL ASSURANCE 0 1

INDIA INTERNATIONAL 2,039 33,969

JAPAN SHIP OWNERS' 1 0 0

LIBERTY INSURANCE 1,069 6,272

LIBERTY SPECIALTY SINGAPORE 16,076 52,600

LLOYD'S ASIA SCHEME 19,683 664,614

LONPAC 0 0

MSIG 315 7,452

NORTH OF ENGLAND P&I 1 0 0

NTUC INCOME -182 1,054

QBE INS 8,487 24,648

REARDON 2 0 0

SHIPOWNERS' MUTUAL P&I 2,793 31,986

SKULD 1 -92 2,668

SOMPO INS 33 3,690

STANDARD CLUB 1 14 9,547

STARR INTERNATIONAL 4,714 -1,430

TABLE G9 GENERAL INSURANCE: PREMIUMS OF OFFSHORE INSURANCE FUNDS FOR THE YEAR ENDED

31ST DECEMBER 2019 (PART IV)

STEAMSHIP MUTUAL 1 0 2,716

SWISS RE INTERNATIONAL -28,908 41,259

THE WEST OF ENGLAND 1 0 2,255

TOKIO MARINE INS 139 4,955

TT CLUB 47 920

UK CLUB (EUROPE) 1 0 0

UOI 741 12,892

XL INS -5,569 49,380

ZURICH 7,968 19,860

($'000)

REINSURERS CHANGE IN PREMIUM LIABILITES EARNED PREMIUMS

ALLIANZ SE 147,209 931,342

ASIA CAPITAL RE 2 44,349 519,680

ASPEN INSURANCE -1,482 16,489

CHINA REINSURANCE 13,917 150,899

DAVINCI RE 320 10,925

ENDURANCE SPECIALTY 2,932 149,135

EVEREST RE 5,785 300,258

FIRST COAST 1,218 6,417

GENERAL RE 1,349 4,784

IAG RE 3,894 173,789

KOREAN RE -1,719 91,059

MANATEE 762 4,226

MAPFRE RE 3,463 62,571

MILLI RE -860 26,942

MUNICH RE 11,751 218,703

ODYSSEY RE 28,008 322,578

ORCHARD ILS 4,014 291

PARTNER RE ASIA 29,803 279,816

RENAISSANCE RE 10,295 34,296

SAMSUNG RE 3,215 49,149

SCOR RE AP 4,105 159,047

SINGAPORE RE 4,534 29,460

SIRIUS INTERNATIONAL 7,443 -4,950

SWISS RE ASIA 77,944 2,594,055

TOA RE 22,872 71,479

TRANSATLANTIC REINSURANCE 2,758 63,541

VALIDUS RE 4,169 45,669

XL BERMUDA -26,212 196,915

Notes:


2 On run-off.

($'000)

DIRECT INSURERS EARNED PREMIUMS NET CLAIMS INCURREDMANAGEMENT

EXPENSES

DISTRIBUTION

EXPENSES

UNDERWRITING

PROFIT (LOSS)

NET INVESTMENT

INCOME

OPERATING PROFIT

(LOSS)

ACYC 8,843 4,468 6,689 -1,508 -806 166 -641

AETNA 2 0 -83 30 0 53 18 70

AETNA S'PORE BRANCH 5,837 3,914 2,253 379 -708 97 -611

AIA SPORE 0 0 0 0 0 0 0

AIG ASIA 13,336 25,448 18,299 -11,358 -19,054 1,316 -17,738

ALLIANZ GLOBAL C&S 114,987 52,712 29,270 14,761 18,244 17,723 35,967

ALLIED WORLD 8,167 5,676 22,580 -18,059 -2,029 5,181 3,151

AUTO & GENERAL 0 0 0 0 0 0 0

AVIVA 0 0 0 0 0 0 0

AXA INSURANCE 7,365 -216 6,710 -605 1,477 274 1,750

AXIS SPECIALTY 39,664 68,691 3,646 5,141 -37,813 5,738 -32,075

BERKLEY INSURANCE 23,592 18,116 8,758 7,179 -10,460 2,499 -7,961

BERKSHIRE 37,275 17,212 6,481 -11,561 25,144 1,053 26,197

CHINA TAIPING 18,319 13,287 3,346 5,329 -3,643 848 -2,795

CHUBB INS 28,877 10,023 7,230 5,817 5,807 3,646 9,452

CIGNA EUROPE 0 0 0 0 0 0 0

COFACE 10,977 9,061 7,314 2,910 -8,308 1,530 -6,778

DIRECT ASIA 0 0 0 0 0 0 0

ECICS LTD 29 0 62 -12 -21 32 12

EQ INS 445 155 17 76 197 9 206

ERGO 562 161 439 135 -172 4 -168

ETIQA PL 8,786 1,717 1,390 4,672 1,007 102 1,110

EULER HERMES 339 -1,916 8,162 -5,139 -767 599 -168

FACTORY MUTUAL 0 0 0 0 0 0 0

FIRST CAPITAL 115,553 100,414 13,983 -37,827 38,983 9,488 48,471

FWD SINGAPORE 0 0 0 0 0 0 0

GARD (BERMUDA) 1 10,568 10,939 268 335 -975 396 -579

GARD MARINE 682 598 13 196 -126 124 -2

GEG 3,392 1,241 1,926 -742 968 244 1,212

GREAT AMERICAN 31,288 30,809 7,610 5,781 -12,913 935 -11,977

HDI GLOBAL 24,678 19,586 3,912 644 536 1,298 1,834

TABLE G10 GENERAL INSURANCE: OPERATING RESULTS OF OFFSHORE INSURANCE FUNDS FOR THE YEAR ENDED 31ST DECEMBER 2019 (PART I)

HELVETIA SWISS 12,204 11,088 4,916 2,223 -6,023 688 -5,335

HL ASSURANCE 1 1 5 -3 -3 0 -3

INDIA INTERNATIONAL 33,969 43,961 6,009 -442 -15,559 9,529 -6,030

JAPAN SHIP OWNERS' 1 0 0 0 0 0 0 0

LIBERTY INSURANCE 6,272 2,685 968 1,123 1,495 311 1,806

LIBERTY SPECIALTY SINGAPORE 52,600 20,993 23,241 9,479 -1,114 7,919 6,804

LLOYD'S ASIA SCHEME 664,614 428,707 82,658 131,412 21,837 20,232 42,069

LONPAC 0 0 0 0 0 0 0

MSIG 7,452 4,147 4,427 229 -1,352 467 -885

NORTH OF ENGLAND P&I 1 0 0 0 0 0 0 0

NTUC INCOME 1,054 2,401 387 -32 -1,703 158 -1,545

QBE INS 24,648 5,244 12,128 1,626 5,650 1,993 7,644

REARDON 2 0 -992 869 0 123 287 410

SHIPOWNERS' MUTUAL P&I 31,986 10,601 15,314 11,828 -5,757 18 -5,739

SKULD 1 2,668 642 1,828 -307 505 0 505

SOMPO INS 3,690 701 1,623 -52 1,418 4,771 6,189

STANDARD CLUB 1 9,547 -1,212 6,798 3,276 685 118 803

STARR INTERNATIONAL -1,430 23 8,095 -17,459 7,911 12,628 20,538

STEAMSHIP MUTUAL 1 2,716 1,117 156 1,392 51 159 210

SWISS RE INTERNATIONAL 41,259 4,322 27,838 840 8,259 5,490 13,748

THE WEST OF ENGLAND 1 2,255 749 980 1,012 -486 0 -486

TOKIO MARINE INS 4,955 1,884 4,297 -5,634 4,408 1,871 6,279

TT CLUB 920 339 525 293 -236 -6 -243

UK CLUB (EUROPE) 1 0 -11 0 0 11 8 19

UOI 12,892 7,786 2,651 530 1,925 3,777 5,701

XL INS 49,380 54,406 21,676 5,591 -32,293 13,008 -19,285

ZURICH 19,860 19,310 24,283 -9,075 -14,658 3,145 -11,513

($'000)

REINSURERS EARNED PREMIUMS NET CLAIMS INCURREDMANAGEMENT

EXPENSES

DISTRIBUTION

EXPENSES

UNDERWRITING

PROFIT (LOSS)

NET INVESTMENT

INCOME

OPERATING PROFIT

(LOSS)

ALLIANZ SE 931,342 730,971 21,597 286,787 -108,014 69,197 -38,816

ASIA CAPITAL RE 2 519,680 450,731 23,742 130,341 -85,135 85,181 47

ASPEN INSURANCE 16,489 7,961 9,134 1,585 -2,192 7,610 5,418

CHINA REINSURANCE 150,899 146,889 5,512 37,799 -39,301 2,170 -37,131

DAVINCI RE 10,925 23,503 2,381 275 -15,235 637 -14,598

ENDURANCE SPECIALTY 149,135 106,125 16,650 42,451 -16,091 8,662 -7,429

EVEREST RE 300,258 551,637 12,732 50,736 -314,847 47,148 -267,699

FIRST COAST 6,417 0 2,053 0 4,363 -4,259 105

GENERAL RE 4,784 1,231 1,816 -500 2,236 398 2,634

IAG RE 173,789 20,181 3,542 23,318 126,748 43,381 170,129

KOREAN RE 91,059 52,295 3,201 27,625 7,938 6,968 14,906

MANATEE 4,226 0 1,801 0 2,424 -2,387 37

MAPFRE RE 62,571 32,192 3,340 18,082 8,957 3,146 12,103

MILLI RE 26,942 28,724 2,368 6,448 -10,599 1,325 -9,274

MUNICH RE 218,703 120,350 17,988 61,678 18,687 7,565 26,252

ODYSSEY RE 322,578 386,298 11,159 67,262 -142,141 26,533 -115,608

ORCHARD ILS 291 0 71 0 220 803 1,022

PARTNER RE ASIA 279,816 213,234 14,124 55,331 -2,874 32,584 29,710

RENAISSANCE RE 34,296 32,738 13,183 -2,427 -9,197 2,056 -7,141

SAMSUNG RE 49,149 29,807 5,524 7,074 6,744 1,645 8,388

SCOR RE AP 159,047 88,247 13,237 44,994 12,569 26,468 39,037

SINGAPORE RE 29,460 22,893 4,694 7,158 -5,285 2,181 -3,104

SIRIUS INTERNATIONAL -4,950 -16,796 8,447 859 2,540 7,233 9,773

SWISS RE ASIA 2,594,055 2,118,341 138,955 642,105 -305,345 102,369 -202,977

TOA RE 71,479 51,101 3,374 36,517 -19,513 8,061 -11,451

TRANSATLANTIC REINSURANCE 63,541 46,894 6,399 10,781 -533 2,534 2,001

VALIDUS RE 45,669 50,550 5,628 12,297 -22,806 3,401 -19,405

XL BERMUDA 196,915 158,488 22,339 34,399 -18,311 25,978 7,666

Notes:


2 On run-off.


EXPENSES

DISTRIBUTION

EXPENSES

UNDERWRITING

PROFIT (LOSS)

ACYC 50.5 75.6 -17 -9.1

AETNA 2 - - - -

AETNA S'PORE BRANCH 67 38.6 6.5 -12.1

AIA SPORE - - - -

AIG ASIA 190.8 137.2 -85.2 -142.9

ALLIANZ GLOBAL C&S 45.8 25.5 12.8 15.9

ALLIED WORLD 69.5 276.5 -221.1 -24.8

AUTO & GENERAL - - - -

AVIVA - - - -

AXA INSURANCE -2.9 91.1 -8.2 20

AXIS SPECIALTY 173.2 9.2 13 -95.3

BERKLEY INSURANCE 76.8 37.1 30.4 -44.3

BERKSHIRE 46.2 17.4 -31 67.5

CHINA TAIPING 72.5 18.3 29.1 -19.9

CHUBB INS 34.7 25 20.1 20.1

CIGNA EUROPE - - - -

COFACE 82.5 66.6 26.5 -75.7

DIRECT ASIA - - - -

ECICS LTD 0 209.6 -39.4 -70.1

EQ INS 34.9 3.8 17 44.3

ERGO 28.6 78 24 -30.6

ETIQA PL 19.5 15.8 53.2 11.5

EULER HERMES -565.6 2,408.7 -1,516.7 -226.5

FACTORY MUTUAL - - - -

FIRST CAPITAL 86.9 12.1 -32.7 33.7

FWD SINGAPORE - - - -

GARD (BERMUDA) 1 103.5 2.5 3.2 -9.2

GARD MARINE 87.7 2 28.7 -18.4

GEG 36.6 56.8 -21.9 28.5

GREAT AMERICAN 98.5 24.3 18.5 -41.3

HDI GLOBAL 79.4 15.9 2.6 2.2

HELVETIA SWISS 90.9 40.3 18.2 -49.4

HL ASSURANCE 190.2 933.4 -497.1 -526.6

INDIA INTERNATIONAL 129.4 17.7 -1.3 -45.8

JAPAN SHIP OWNERS' 1 - - - -

LIBERTY INSURANCE 42.8 15.4 17.9 23.8

LIBERTY SPECIALTY SINGAPORE 39.9 44.2 18 -2.1

LLOYD'S ASIA SCHEME 64.5 12.4 19.8 3.3

LONPAC - - - -

MSIG 55.7 59.4 3.1 -18.1

NORTH OF ENGLAND P&I 1 - - - -

NTUC INCOME 227.9 36.7 -3 -161.6

QBE INS 21.3 49.2 6.6 22.9

REARDON 2 - - - -

SHIPOWNERS' MUTUAL P&I 33.1 47.9 37 -18

SKULD 1 24.1 68.5 -11.5 18.9

SOMPO INS 19 44 -1.4 38.4

STANDARD CLUB 1 -12.7 71.2 34.3 7.2

STARR INTERNATIONAL -1.6 -566 1,220.7 -553.1

TABLE G10 GENERAL INSURANCE: OPERATING RESULTS OF OFFSHORE INSURANCE FUNDS FOR THE YEAR ENDED 31ST

DECEMBER 2019 (PART II)

DIRECT INSURERS


STEAMSHIP MUTUAL 1 41.1 5.8 51.2 1.9

SWISS RE INTERNATIONAL 10.5 67.5 2 20

THE WEST OF ENGLAND 1 33.2 43.4 44.9 -21.5

TOKIO MARINE INS 38 86.7 -113.7 89

TT CLUB 36.8 57.1 31.8 -25.7

UK CLUB (EUROPE) 1 - - - -

UOI 60.4 20.6 4.1 14.9

XL INS 110.2 43.9 11.3 -65.4

ZURICH 97.2 122.3 -45.7 -73.8


EXPENSES

DISTRIBUTION

EXPENSES

UNDERWRITING

PROFIT (LOSS)

ALLIANZ SE 78.5 2.3 30.8 -11.6

ASIA CAPITAL RE 2 86.7 4.6 25.1 -16.4

ASPEN INSURANCE 48.3 55.4 9.6 -13.3

CHINA REINSURANCE 97.3 3.7 25 -26

DAVINCI RE 215.1 21.8 2.5 -139.4

ENDURANCE SPECIALTY 71.2 11.2 28.5 -10.8

EVEREST RE 183.7 4.2 16.9 -104.9

FIRST COAST 0 32 0 68

GENERAL RE 25.7 38 -10.5 46.7

IAG RE 11.6 2 13.4 72.9

KOREAN RE 57.4 3.5 30.3 8.7

MANATEE 0 42.6 0 57.4

MAPFRE RE 51.4 5.3 28.9 14.3

MILLI RE 106.6 8.8 23.9 -39.3

MUNICH RE 55 8.2 28.2 8.5

ODYSSEY RE 119.8 3.5 20.9 -44.1

ORCHARD ILS 0 24.5 0 75.5

PARTNER RE ASIA 76.2 5 19.8 -1

RENAISSANCE RE 95.5 38.4 -7.1 -26.8

SAMSUNG RE 60.6 11.2 14.4 13.7

SCOR RE AP 55.5 8.3 28.3 7.9

SINGAPORE RE 77.7 15.9 24.3 -17.9

SIRIUS INTERNATIONAL 339.3 -170.6 -17.4 -51.3

SWISS RE ASIA 81.7 5.4 24.8 -11.8

TOA RE 71.5 4.7 51.1 -27.3

TRANSATLANTIC REINSURANCE 73.8 10.1 17 -0.8

VALIDUS RE 110.7 12.3 26.9 -49.9

XL BERMUDA 80.5 11.3 17.5 -9.3

REINSURERS


Notes:


2 On run-off.

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Insurance Statistics 2019 - Monetary Authority of Singapore

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