Founded in the 1950s, the Life Insurance Association (LIA) is the trade association of life insurance companies that are licensed by the Monetary Authority of Singapore (MAS) to issue life insurance products in Singapore. We have 14 member companies, and three associate members comprising life reinsurance companies.
Our current objectives are four-fold and were first adopted in March 2004, as follows:
- To support the development of a profitable and growing life insurance industry in Singapore;
- To ensure that the life insurance industry is trusted and positively contributes to both the society and the economy;
- To support an economic and public policy climate conducive to a flourishing long-term protection and savings industry; and
- To be recognised as a trade body that provides active leadership and an authoritative and collective voice on the setting of good practice standards for the long-term protection and savings industry in Singapore.
In line with our objectives, our website caters to both the industry practitioner and the consumer. We wish you happy browsing and reading, and would welcome your feedback for improvement.
Mark S. O'Dell
President
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