Maldives · South Asia · class C

Composite insurance companies in Maldives

1 licensed composite insurers, 20% of the 5 insurance entities supervised by the Maldives Monetary Authority. Licensed to write both life and non-life business under one entity.

CompanyClassParent / groupOwnershipRegulatorVerification
Allied Insurance Co of the MaldivesCCompositeSTOState-owned / parastatalMMAUnverified

About composite insurers in Maldives

How many composite insurers are licensed in Maldives?

1 of the 5 licensed insurance entities in Maldives are classified as composite (20%), according to the MMA register as reflected in this directory (not verified).

Who regulates composite insurers in Maldives?

Maldives Monetary Authority (MMA). Official website: https://mma.gov.mv.

Are the composite insurers in Maldives locally or foreign owned?

0 of 1 belong to regional or foreign multinational groups, 1 are state-owned, and the rest are domestic private companies.

Data: /api/v1/countries/maldives.json (filter by class = "composite"). Licence CC BY 4.0, attribute KAFS North America.