Oceania · MH · USD
Marshall Islands
M̧ajeļ
4 licensed entities supervised by the Office of the Banking Commission.
- Listed insurers
- 4
- Insurance classes
- 2
- Groups present
- 3
A sense of place
Beyond the numbers.
Heritage, places of work and the landscapes that connect them. Three selected references behind this artistic portrait.
Local names, languages & illustration notes
Selected local names and languages, with links to the references behind this artistic composition.
Marshall Islands
- English
- Marshall Islands
- Marshallese
- M̧ajeļ
Name reference: mledoze/countries · ODbL data · ODbL licence. Flag artwork: flag-icons · MIT.
By class of business
Each company is counted once, under the class its register row records. The supervisor’s own tally counts licences, so a company licensed for more than one class appears more than once there.
By ownership
Verification log
Partially verified - carriers named by the RMI Social Security Administration and by the insurers' own territory statements; no public licence register found · Marshall Islands Social Security Administration (MISSA), "RMI Workers' Compensation Program to finally kick-off on October 1, 2023" (4 May 2023), https://rmimissa.org/2023/05/04/rmi-workers-compensation-program-to-finally-kick-off-on-october-1-2023/ (domain now redirects to rmissa.net), retrieved 2026-09-26; First Net Insurance Company, corporate profile ("Serving Guam, CNMI, Palau, FSM, and the Republic of the Marshall Islands"), https://firstnetinsurance.net/, retrieved 2026-09-26; NetCare Life and Health Insurance Company, "About Us" (products on Guam, CNMI, Palau, FSM and the Marshall Islands), https://www.netcarelifeandhealth.com/footer_content/about.php, retrieved 2026-09-26; Banks and FSPs Licensing and Fees Regulations 2020, https://rmicourts.org/wp-content/uploads/2020/11/Banks-and-FSPs-Licensing-Regulations-Final-9-23-2020.pdf; all retrieved 2026-09-26. No count stated.
No publicly available list of licensed insurers found. The OBC website (rmiobc.com) has lapsed and is now a parked domain; its archived FIS page describes licensing of banks and financial services providers but lists no licensees. No locally incorporated insurer was found. Cover is written by Guam- and CNMI-based insurers through local agencies: Moylan's Insurance Underwriters (Marshalls), Inc. (MGA/agent for First Net, DB Insurance and NetCare) and Marshalls Insurance Agency (main carrier Century Insurance, per MISSA). The RMI is a Council member of the Pacific Catastrophe Risk Insurance Company (PCRIC), but no current RMI policy was confirmed, so PCRIC is not listed. Coverage is probably incomplete (e.g. international health insurers writing expatriates).
Licensed insurers in Marshall Islands
| Company | Class | Parent / group | Ownership | Regulator | Verification | Popularity |
|---|---|---|---|---|---|---|
| First Net Insurance Company Guam-domiciled P&C insurer; states it serves the Republic of the Marshall Islands. MISSA names "First Net Insurance/DB Insurance" as the main carrier of Moylan's Insurance Agency. Writes through Moylan's Insurance Underwriters (Marshalls), Inc., Majuro. Cross-border; local licence status not confirmed. | GGeneral (Non-life) | Moylan's Insurance Underwriters | Foreign multinational | OBC | Partial | — |
| DB InsuranceKRX Korean insurer writing through its Guam branch (DB Insurance Company, Ltd. (Guam)) with Moylan's as MGA. MISSA names it jointly with First Net as Moylan's main carrier. Cross-border; local licence status not confirmed. | GGeneral (Non-life) | DB Insurance | Foreign multinational | OBC | Partial | — |
| Century Insurance MISSA calls Century Insurance "the main Insurance carrier of Marshalls Insurance Agency" (Majuro). The group runs Century Insurance Company (Guam) Limited and Century Insurance Company, Ltd (Saipan); which entity writes RMI business is not stated. Cross-border; local licence status not confirmed. | GGeneral (Non-life) | Tan Holdings | Foreign multinational | OBC | Partial | — |
| NetCare Life and Health Insurance Company Guam-domiciled life and health insurer; states it provides fully insured and self-funded health plans and life products in the Marshall Islands. Sold through Moylan's. Moylan family members are its officers; ownership not otherwise researched. Cross-border; local licence status not confirmed. | LLife | Parent not named in register | Foreign multinational | OBC | Partial | — |
No insurers match that filter.
Popularity is an estimate of how often people search Google for each insurer, from 0 to 100; the bars show how confident the estimate is. Not a rating of the insurer. How the index works
Oceania
