In 2020, there were approximately 15.9 million life insurance policies in force in Singapore. In that year, the total amount insured amounted to about 1.55 trillion Singapore dollars.
Life insurance policies in force in Singapore from 2011 to 2020 (in millions)
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Statistics on Insurance industry in Singapore
Overview
4
- Premium Statistic GDP of the finance and insurance industry in Singapore 2013-2022
- Premium Statistic Export value of insurance services from Singapore to Asia 2000-2020
- Premium Statistic Insurance gross premiums written Singapore 2014-2021
- Premium Statistic Insurance gross premiums value Singapore 2021 by type
Key indicators
4
Life insurance
5
- Basic Statistic Life insurance policies in force in Singapore 2011-2020
- Premium Statistic Health insurance gross premiums written Singapore 2014-2021
- Premium Statistic Health insurance underwriting profit Singapore 2014-2021
- Premium Statistic Personal accident insurance underwriting profit Singapore 2018-2021
- Premium Statistic Personal accident insurance gross premiums written Singapore 2018-2021
Non-life insurance
6
- Premium Statistic Motor insurance gross premiums written Singapore 2014-2021
- Premium Statistic Property insurance gross premiums written Singapore 2017-2021
- Premium Statistic Employers’ liability insurance gross premiums written Singapore 2017-2021
- Premium Statistic Marine cargo insurance gross premiums written Singapore 2014-2021
- Premium Statistic Marine hull insurance gross premiums written Singapore 2014-2021
- Premium Statistic Travel insurance gross premiums written Singapore 2018-2021
Consumer perspective
6
- Premium Statistic Preferred insurance product features APAC 2021, by country
- Premium Statistic Insurance customer satisfaction Singapore 2021, by insurers
- Premium Statistic Preferred purchasing channels of insurance Singapore 2020-2021
- Premium Statistic Preferred channel to purchase insurance Singapore 2020-2021, by type
- Premium Statistic Leading reasons for considering life insurance among millennials Singapore 2021
- Premium Statistic Leading reasons for not purchasing life insurance among millennials Singapore 2021
Further related statistics
14
- New life insurance policies in force in Singapore 2008-2020
- Annual premiums of life insurance policies in Singapore 2008-2020
- Leading life insurance companies in Japan FY 2017, by policies in force
- Leading life insurance companies in Japan FY 2017, by premium value new insurances
- Leading life insurance companies in Japan FY 2017, by annualized premiums
- U.S. credit life insurance payments to beneficiaries 2018, by state
- Newly issued individual life insurance policies in Japan FY 2021, by type
- Amount individual life insurance policies in force in Japan FY 2021, by type
- U.S. group life insurance payments to beneficiaries 2018, by state
- Value of group life insurance policies in force in Japan 2021, by type
- Number of online and offline life insurance policies in the UK 2018-2024
- Annualized premium of third-sector insurance policies in force in Japan FY 2012-2021
- Projected growth of telematics insurance policies in Europe 2016-2020
- Types of incidents covered by cyber insurance in OECD countries 2020
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Statistics
- New life insurance policies in force in Singapore 2008-2020
- Annual premiums of life insurance policies in Singapore 2008-2020
- Leading life insurance companies in Japan FY 2017, by policies in force
- Leading life insurance companies in Japan FY 2017, by premium value new insurances
- Leading life insurance companies in Japan FY 2017, by annualized premiums
- U.S. credit life insurance payments to beneficiaries 2018, by state
- Newly issued individual life insurance policies in Japan FY 2021, by type
- Amount individual life insurance policies in force in Japan FY 2021, by type
- U.S. group life insurance payments to beneficiaries 2018, by state
- Value of group life insurance policies in force in Japan 2021, by type
- Number of online and offline life insurance policies in the UK 2018-2024
- Annualized premium of third-sector insurance policies in force in Japan FY 2012-2021
- Projected growth of telematics insurance policies in Europe 2016-2020
- Types of incidents covered by cyber insurance in OECD countries 2020
Singapore Department of Statistics. (March 31, 2022). Life insurance policies in force in Singapore from 2011 to 2020 (in millions) [Graph]. In Statista. Retrieved March 22, 2023, from https://www.statista.com/statistics/624223/life-insurance-policies-in-force-in-singapore/
Singapore Department of Statistics. "Life insurance policies in force in Singapore from 2011 to 2020 (in millions)." Chart. March 31, 2022. Statista. Accessed March 22, 2023. https://www.statista.com/statistics/624223/life-insurance-policies-in-force-in-singapore/
Singapore Department of Statistics. (2022). Life insurance policies in force in Singapore from 2011 to 2020 (in millions). Statista. Statista Inc.. Accessed: March 22, 2023. https://www.statista.com/statistics/624223/life-insurance-policies-in-force-in-singapore/
Singapore Department of Statistics. "Life Insurance Policies in Force in Singapore from 2011 to 2020 (in Millions)." Statista, Statista Inc., 31 Mar 2022, https://www.statista.com/statistics/624223/life-insurance-policies-in-force-in-singapore/
Singapore Department of Statistics, Life insurance policies in force in Singapore from 2011 to 2020 (in millions) Statista, https://www.statista.com/statistics/624223/life-insurance-policies-in-force-in-singapore/ (last visited March 22, 2023)
Life insurance policies in force in Singapore from 2011 to 2020 (in millions) [Graph], Singapore Department of Statistics, March 31, 2022. [Online]. Available: https://www.statista.com/statistics/624223/life-insurance-policies-in-force-in-singapore/