Thursday, September 18, 2008

Capital Adequacy Ratio of Insurance Companies Operating in Singapore

Below is a list of Capital Adequacy Ratio (CAR) of some of the more well-known (at least those I know of) insurance companies operating in Singapore. The values are based on year 2007 data provided by the respective insurance companies to Monetary Authority of Singapore (MAS).
Monetary Authority of Singapore Recommendation     120.00 %

ACE INSURANCE LTD 430.11 %
ALLIANZ INSURANCE COMPANY OF SINGAPORE PTE LTD 181.22 %
AMERICAN HOME ASSURANCE CO 201.12 %
AMERICAN INTERNATIONAL ASSURANCE CO LTD 254.18 %
AVIVA LTD 368.08 %
AXA INSURANCE SINGAPORE PTE LTD 198.54 %
AXA LIFE INSURANCE SINGAPORE PRIVATE LIMITED 196.20 %
HSBC INSURANCE (SINGAPORE) PTE. LIMITED 332.66 %
MANULIFE (SINGAPORE) PTE LTD 555.94 %
MAYBAN GENERAL ASSURANCE BERHAD 215.63 %
MITSUI SUMITOMO INSURANCE (SINGAPORE) PTE LTD 338.92 %
MSIG INSURANCE (SINGAPORE) PTE LTD 276.73 %
NTUC INCOME INSURANCE CO-OPERATIVE LTD 189.29 %
PRUDENTIAL ASSURANCE CO (S) PTE LTD 339.25 %
QBE INSURANCE INTERNATIONAL LTD 243.11 %
TENET INSURANCE COMPANY LIMITED 395.17 %
THE GREAT EASTERN LIFE ASSURANCE CO LTD 248.13 %
TM ASIA LIFE SINGAPORE LTD 375.85 %
ZURICH INTERNATIONAL LIFE LIMITED (S'PORE BRANCH) 1715.79 %
Above extracted from MAS site.

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