Marshall Islands · Oceania · class G

General (non-life) insurance companies in Marshall Islands

3 licensed general (non-life) insurers, 75% of the 4 insurance entities supervised by the Office of the Banking Commission. Short-term property, casualty, motor, marine and other non-life covers.

CompanyClassParent / groupOwnershipRegulatorVerificationPopularity
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 UnderwritersForeign multinationalOBCPartial—
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 InsuranceForeign multinationalOBCPartial—
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 HoldingsForeign multinationalOBCPartial—

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

About general (non-life) insurers in Marshall Islands

How many general (non-life) insurers are licensed in Marshall Islands?

3 of the 4 licensed insurance entities this directory lists in Marshall Islands are classified as general (non-life) (75%). Partially verified against the regulator register.

Who regulates general (non-life) insurers in Marshall Islands?

Office of the Banking Commission (OBC). Regime: Banking Act 1987 (17 MIRC Ch. 1) and the Banks and Financial Services Providers Licensing and Fees Regulations 2020; insurers licensed as financial services providers.

Who owns the general (non-life) insurers in Marshall Islands?

All 3 licensed general (non-life) insurers in Marshall Islands are subsidiaries of foreign multinational groups (DB Insurance, Moylan's Insurance Underwriters, Tan Holdings), as recorded in the register.

Data: /api/v1/countries/marshall-islands.json (filter by class = "general-non-life"). Licence CC BY 4.0, attribute KAFS North America.