List of insurance companies in Macau

According to data disclosed by the Monetary Authority of Macao, as of the first quarter of 2025, there were a total of 27 licensed insurance companies in Macau. All 13 life insurance companies were active in the life insurance market (including medical, critical illness, life, savings, and investment-linked life products).

Insurance companies

Incorporated in Macau According to the Monetary Authority of Macao, as of 9 January 2025, there were a total of 11 locally incorporated insurance companies in Macau, comprising 5 life insurance companies and 6 general insurance companies. + Regulated insurer incorporated in MacauB: Bancassurance – the insurer distributes products primarily through banking channels.Life InsurersNoInsurerEstablishedNotes1Companhia de Seguros de Vida Tahoe (Macau)2Fidelidade Macau Vida - Companhia de SegurosB3Seguradora Vida FWD (Macau)4Companhia de Seguros Luen Fung Hang-VidaB5Companhia de Seguros Vida China Taiping (Macau)General InsurersNoInsurerEstablishedNotes6Companhia de Seguros da China Taiping (Macau)7Companhia de Seguros Luen Fung HangB8Companhia de Seguros de MacauB9Companhia de Seguros Delta ÁsiaB10Chubb Seguradora Macau11Fidelidade Macau- Companhia de SegurosB

Incorporated outside Macau According to the Monetary Authority of Macao, as of 9 January 2025, there were a total of 16 foreign-incorporated insurance companies operating in Macau, comprising 8 life insurance companies and 8 general insurance companies. + Regulated insurer incorporated outside MacauB: Bancassurance – the insurer distributes products primarily through banking channels.Life InsurersNoHeadquarterInsurerEstablishedNotes1AIA International2China Life Insurance (Overseas)3The Canada Life Assurance4AXA China Region Insurance Company (Bermuda)5Manulife (International)6YF Life Insurance International7HSBC Life (International)B8Prudential Hong KongGeneral InsurersNoHeadquarterInsurerEstablishedNotes9AIG Insurance Hong Kong10Asia Insurance11MSIG Insurance (Hong Kong)12Min Xin Insurance13Berkshire Hathaway Specialty Insurance14AXA Seguros Gerais Hong Kong15Companhia de Seguros Popular da China (Hong Kong)16QBE Hongkong & Shanghai Seguros

Market share Life insurance The following table is compiled based on the “Insurance Activity - Quarterly Reports (Provisional Statistics)” published by the Monetary Authority of Macao. It is intended to reflect the market performance of active participants in Macau life insurance market.

+ Market performance of the Life Insurance business (2023 – Q1 2025)RankInsurerQ1 202520242023GPW (MOP$’000)ShareGPW (MOP$’000)ShareGPW (MOP$’000)Share 1 China Life (Overseas) Macau Branch 3,393,844 32.96% 13,341,176 37.05% 10,826,820 31.64% 2AIA International Macau Branch 2,144,082 20.82% 9,407,257 26.13% 9,236,725 27.00% 3Companhia de Seguros Vida China Taiping (Macau) 1,850,291 17.97% 3,715,686 10.32% 3,327,084 9.72% 4YF Life Insurance International Macau Branch 926,018 8.99% 3,121,877 8.67% 4,063,546 11.88% 5AXA China Region Insurance Company (Bermuda) Macau Branch 697,463 6.77% 2,466,874 6.85% 2,361,592 6.90% 6Manulife (International) Macau Branch 562,614 5.46% 2,095,450 5.82% 2,058,209 6.02% 7Seguradora Vida FWD (Macau) 428,490 4.16% 936,795 2.60% 1,516,738 4.43% 8Fidelidade Macau Vida - Companhia de Seguros 155,537 1.51% 491,480 1.36% 476,198 1.39% 9Companhia de Seguros Luen Fung Hang-Vida 67,990 0.66% 196,919 0.55% 194,948 0.57% 10HSBC Life (International) Macau Branch 63,658 0.62% 206,729 0.57% 116,783 0.34% 11Companhia de Seguros de Vida Tahoe (Macau) 3,160 0.03% 20,538 0.06% 32,899 0.10% 12Prudential Hong Kong Macau Branch 1,846 0.02% 3,055 0.01% 327 0.00% 13The Canada Life Assurance Macau Branch 729 0.01% 2,290 0.01% 2,157 0.01%

General insurance The following table is compiled based on the “Insurance Activity - Quarterly Reports (Provisional Statistics)” published by the Monetary Authority of Macao. It is intended to reflect the market performance of active participants in Macau general insurance market. + Market performance of the General Insurance business (2023 – Q1 2025)RankInsurerQ1 202520242023GPW (MOP$’000)ShareGPW (MOP$’000)ShareGPW (MOP$’000)Share 1China Taiping (Macau) 345,825 40.00% 963,586 32.90% 944,265 33.16% 2Luen Fung Hang 212,477 24.57% 609,174 20.80% 608,774 21.38% 3Asia Insurance Macau Branch 90,472 10.46% 258,843 8.84% 256,428 9.01% 4Companhia de Seguros de Macau 67,361 7.79% 339,434 11.59% 255,004 8.96% 5Fidelidade Macau- Companhia de Seguros 48,353 5.59% 146,591 5.00% 190,937 6.71% 6MSIG Macau Branch 23,730 2.74% 157,352 5.37% 156,255 5.49% 7Min Xin Macau Branch 23,672 2.74% 120,349 4.11% 124,263 4.36% 8AIG Macau Branch 18,319 2.12% 103,960 3.55% 94,475 3.32% 9Chubb 13,569 1.57% 63,180 2.16% 55,392 1.95% 10QBE Macau Branch 8,320 0.96% 74,625 2.55% 64,405 2.26% 11Companhia de Seguros Delta Ásia 6,508 0.75% 20,210 0.69% 20,293 0.71% 12Popular da China (Hong Kong) Macau Branch 4,753 0.55% 11,466 0.39% 17,144 0.60% 13AXA Macau Branch 788 0.09% 55,373 1.89% 54,164 1.90% 14Berkshire Hathaway Macau Branch 464 0.05% 4,957 0.17% 5,726 0.20%

See also

List of banks in Macau List of insurance companies in Hong Kong

References