Micronesia · Oceania · class L

Life insurance companies in Micronesia

3 licensed life insurers, 9% of the 32 insurance entities supervised by the FSM Insurance Board. Long-term life assurance, annuities, pensions and savings products.

CompanyClassParent / groupOwnershipRegulatorVerificationPopularity
NetCare Life and Health Insurance Company
Registered foreign insurer domiciled in Guam; not rated per the register. Authorised lines: universal, whole and term life, accident and health. Local agent Moylan's Insurance Underwriters (FSM), Inc. Its website lists Moylan family members as officers; ownership not otherwise researched.
LLifeParent not named in registerForeign multinationalFSMIBVerified—
Plateau Insurance Company
Registered foreign insurer domiciled in Tennessee, USA; A.M. Best A- per the register. Authorised lines: credit life and credit disability, sold through Bank of the FSM and Bank of Guam. Ownership not researched.
LLifeParent not named in registerForeign multinationalFSMIBVerified—
Individual Assurance Company (FSM), Inc.
Domiciled in Pohnpei, FSM - the register's one licensed domestic insurer (inferred from the domicile column; the report counts 8 registered foreign insurers and 1 licensed domestic insurer). Authorised line: group term life; no local agent. Not rated. Ownership not researched - the name suggests an affiliate of a US insurer of the same name, so DO is provisional.
LLifeParent not named in registerDomestic privateFSMIBVerified—

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 life insurers in Micronesia

How many life insurers are licensed in Micronesia?

3 of the 32 licensed insurance entities this directory lists in Micronesia are classified as life (9%). Verified against the regulator register.

Who regulates life insurers in Micronesia?

FSM Insurance Board (FSMIB). Regime: Insurance Act of 2006 (Title 37 FSM Code, as amended) for domestic, registered foreign and captive insurers; FSM Insurance Board supervision. Official website: https://fsminsuranceboard.com.

Who owns the life insurers in Micronesia?

Of the 3 licensed life insurers in Micronesia, 2 are subsidiaries of foreign multinational groups and 1 is a domestic private company, as recorded in the register.

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