Role

The Life Insurance Association Singapore (LIA) is the not-for-profit trade association of life insurance product providers and life reinsurance providers based in Singapore and registered by the Monetary Authority of Singapore (MAS).

Our total membership of 31 comprises 24 direct life insurers and seven life reinsurers.

Our roles include:

  1. Representing the life insurance industry
    We voice the interests of members, and address industry issues through engagement with stakeholders - regulators, other industries, consumers.

  2. Upholding the professionalism and integrity of members
    We work with members to develop and implement industry guidelines and codes of practice.

  3. Promoting collaboration
    We build consensus among members and coordinate industry-wide projects for mutual benefit.
    We foster a spirit of collaboration and mutual respect with government and business leaders.

  4. Promoting consumer literacy
    We help consumers to appreciate and understand life insurance.