Our History

Etiqa Insurance Pte. Ltd. is a licensed life and general insurance company registered in the Republic of Singapore and governed by the Insurance Act. We have been providing general insurance solutions in Singapore for more than 55 years. Today, we offer a comprehensive range of savings, retirement, protection and general insurance solutions to our growing customer base.

As the insurance arm of the Maybank Group, we are committed to helping our customers plan for a better future. Maybank is among Asia’s leading banking groups and Southeast Asia’s fourth largest bank by assets.

The Maybank Group has an international network of 2,400 offices in 20 countries, employing over 45,000 employees who serve more than 22 million customers worldwide.

Milestones

  • 2016

    Fitch continues to affirm Etiqa Insurance Entities with a rating of ‘A-’ for financial strength and stability.

  • 2015

    As the group strives to strengthen and expand its presence in Singapore, Etiqa Insurance Pte. Ltd. was born in April 2015, followed by the transfer of General Insurance business to the Singapore-incorporate company from the Singapore branch of Etiqa Insurance Berhad. Etiqa Insurance Pte. Ltd. becomes a licensed life and general insurer in Singapore.

    In June, credit ratings agency Fitch rated us ‘A’, with a stable outlook.

  • 2014

    Partnering Maybank Singapore, we launched our life insurance business in August 2014.

    Winner of Claims Innovation of the Year award at Claims Awards Asia 2014.

  • 2009

    Etiqa Insurance Berhad set up a branch office in Singapore. In the same year, Singapore’s Housing and Development Board appointed Etiqa as the provider of basic fire insurance for HDB home owners, and we have been proudly protecting homes since then

  • 2001

    We became known as Maybank General Assurance Bhd.

  • 1960’s-1980’s

    Economic growth and the rise of Singapore as a centre for entrepôt (a port where goods may be imported, stored or traded). Key businesses included commercial lines such as marine, fire, motor and personal accident insurance.

  • 1961

    Started operations in Singapore as United General Insurance Co. Sdn. Bhd.