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Statistics - Insurance Intermediary Licence


Number of Licensed Insurance Intermediaries by Licence Type
(as of 31 March 2025)

 
  Number of licensees with appointing principals Number of licensees without appointing principals Total number of licensees
Individual Licensees      
Licensed Individual Insurance Agents
75,356
5,559 80,915
Licensed Technical Representatives (Agent) *
22,729
951 23,680
Licensed Technical Representatives (Broker)
11,009
439
11,448
Total Number of Licensees Being Individuals
109,094
6,949
116,043
       
Business Entities      
Licensed Insurance Agencies * 1,556 5 1,561
Licensed Insurance Broker Companies Not applicable Not applicable 802
       
       
Total Number of Licensed Insurance Intermediaries     118,406

* There were 43 authorized institutions registered as licensed insurance agencies, with around 18,655 individuals registered as their licensed technical representative (agent).

Number of Licensed Insurance Intermediaries by Eligible Line of Business (as of 31 March 2025)   

Individual Licensees  
General Business# 6,375
Long Term Business (excluding Linked Long Term Business) 35,327
Long Term Business (including Linked Long Term Business) 12,983
General Business# and Long Term Business (excluding Linked Long Term Business) 18,195
General Business# and Long Term Business (including Linked Long Term Business) 42,216
Restricted Scope Travel Business 947
Total 116,043
 
Licensed Insurance Agencies  
General Business# 1,040
Long Term Business (excluding Linked Long Term Business) 35
Long Term Business (including Linked Long Term Business) 31
General Business# and Long Term Business (excluding Linked Long Term Business) 97
General Business# and Long Term Business (including Linked Long Term Business) 94
Restricted Scope Travel Business 264
Total 1,561
 
Licensed Insurance Broker Companies  
General Business  78
Long Term Business (excluding Linked Long Term Business) 25
Long Term Business (including Linked Long Term Business) 98
General Business and Long Term Business (excluding Linked Long Term Business) 163
General Business and Long Term Business (including Linked Long Term Business) 438
Total 802

 
 Excluding Restricted Scope Travel Business