Statistics - Insurance Intermediary Licence
Number of Licensed Insurance Intermediaries by Licence Type
(as of 31 October 2023)
| Number of licensees with appointing principals | Number of licensees without appointing principals | Total number of licensees | |
| Individual Licensees | |||
| Licensed Individual Insurance Agents | 72,344 | 5,396 | 77,740 |
| Licensed Technical Representatives (Agent) * | 22,499 | 1,233 | 23,732 |
| Licensed Technical Representatives (Broker) | 9,866 | 612 | 10,478 |
| Total Number of Licensees Being Individuals | 104,709 | 7,241 | 111,950 |
| Business Entities | |||
| Licensed Insurance Agencies * | 1,690 | 14 | 1,704 |
| Licensed Insurance Broker Companies | Not applicable | Not applicable | 809 |
| Total Number of Licensed Insurance Intermediaries | 114,463 |
* There were 39 authorized institutions registered as licensed insurance agencies, with around 18,275 individuals registered as their licensed technical representative (agent).
Number of Licensed Insurance Intermediaries by Eligible Line of Business (as of 31 October 2023)
| Individual Licensees | |
| General Business# | 6,245 |
| Long Term Business (excluding Linked Long Term Business) | 30,289 |
| Long Term Business (including Linked Long Term Business) | 13,987 |
| General Business# and Long Term Business (excluding Linked Long Term Business) | 18,709 |
| General Business# and Long Term Business (including Linked Long Term Business) | 41,641 |
| Restricted Scope Travel Business | 1,079 |
| Total | 111,950 |
| Licensed Insurance Agencies | |
| General Business# | 1,123 |
| Long Term Business (excluding Linked Long Term Business) | 32 |
| Long Term Business (including Linked Long Term Business) | 46 |
| General Business# and Long Term Business (excluding Linked Long Term Business) | 112 |
| General Business# and Long Term Business (including Linked Long Term Business) | 100 |
| Restricted Scope Travel Business | 291 |
| Total | 1,704 |
| Licensed Insurance Broker Companies | |
| General Business | 81 |
| Long Term Business (excluding Linked Long Term Business) | 19 |
| Long Term Business (including Linked Long Term Business) | 88 |
| General Business and Long Term Business (excluding Linked Long Term Business) | 171 |
| General Business and Long Term Business (including Linked Long Term Business) | 450 |
| Total | 809 |
# Excluding Restricted Scope Travel Business