About Etiqa Insurance Singapore
Etiqa Insurance Pte. Ltd. (EIPL) is a life and general insurance company licensed and regulated by the Monetary Authority of Singapore and governed by the Insurance Act 1966. Having protected customers in Singapore since 1961 under the name United General Insurance Co. Sdn. Bhd., the company transitioned into the Singapore branch of Etiqa Insurance Berhad in 2009. EIPL in Singapore stands as the pivotal operating entity of Etiqa Insurance Group, a leading insurance and takaful provider in ASEAN.
Etiqa Insurance Singapore offers a comprehensive range of life and general insurance products through various distribution channels, providing opportunities for cross-selling and upselling to existing and potential customers. As of July 2025, Etiqa Insurance Singapore's annual revenue reached $75M, and the company had 871 employees as of March 2026. In April 2023, Fitch rated the company "A" for its financial strength and stable outlook.
Recent Leadership & Developments
In March 2026, Etiqa Insurance Singapore and AIA Singapore announced a strategic distribution partnership to broaden access to Shariah-compliant, values-based Takaful solutions across Singapore. The company is owned by Maybank Ageas Holdings Berhad, a joint venture with 69% ownership by Maybank and 31% by Ageas.
Facts compiled by Executive Moves from publicly available news and press releases on 15 August 2026. Spotted an inaccuracy? Email us and we'll review within 1 business day.
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