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Statistics - Insurance Intermediary Licence


Number of Licensed Insurance Intermediaries by Licence Type
(as of 28 February 2025)

 
  Number of licensees with appointing principals Number of licensees without appointing principals Total number of licensees
Individual Licensees      
Licensed Individual Insurance Agents
75,850
4,585
80,435
Licensed Technical Representatives (Agent) *
22,684
951
23,635
Licensed Technical Representatives (Broker)
10,845
478
11,323
Total Number of Licensees Being Individuals
109,379
6,014
115,393
       
Business Entities      
Licensed Insurance Agencies * 1,563 6 1,569
Licensed Insurance Broker Companies Not applicable Not applicable 800
       
       
Total Number of Licensed Insurance Intermediaries     117,762

* There were 42 authorized institutions registered as licensed insurance agencies, with around 18,602 individuals registered as their licensed technical representative (agent).

Number of Licensed Insurance Intermediaries by Eligible Line of Business (as of 28 February 2025)   

Individual Licensees  
General Business# 6,346
Long Term Business (excluding Linked Long Term Business) 34,803
Long Term Business (including Linked Long Term Business) 12,950
General Business# and Long Term Business (excluding Linked Long Term Business) 18,227
General Business# and Long Term Business (including Linked Long Term Business) 42,119
Restricted Scope Travel Business 948
Total 115,393
 
Licensed Insurance Agencies  
General Business# 1,043
Long Term Business (excluding Linked Long Term Business) 34
Long Term Business (including Linked Long Term Business) 32
General Business# and Long Term Business (excluding Linked Long Term Business) 99
General Business# and Long Term Business (including Linked Long Term Business) 94
Restricted Scope Travel Business 267
Total 1,569
 
Licensed Insurance Broker Companies  
General Business  77
Long Term Business (excluding Linked Long Term Business) 24
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 800

 
 Excluding Restricted Scope Travel Business