Timor-Leste · South-East Asia · class G

General (non-life) insurance companies in Timor-Leste

2 licensed general (non-life) insurers, 67% of the 3 insurance entities supervised by the Banco Central de Timor-Leste. Short-term property, casualty, motor, marine and other non-life covers.

CompanyClassParent / groupOwnershipRegulatorVerificationPopularity
Sinarmas Insurance, SA
BCTL abbreviation SMI; Dili. General insurer (the company says it was established 2011). The name indicates the Indonesian Sinar Mas group; ownership not verified. Parent from the company name, not stated in the register.
GGeneral (Non-life)Sinar MasForeign multinationalBCTLVerified—
Federal Insurance Timor, S.A.
Class inferred from name. BCTL abbreviation FIT; licence under Resolution No. 38/2016 of 23 August 2016; Rua de Mozambique, Colmera, Dili. General class inferred from BCTL's "two general, one life" count. Ownership not researched, so DO is provisional.
GGeneral (Non-life)Parent not named in registerDomestic privateBCTLVerified—

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 Timor-Leste

How many general (non-life) insurers are licensed in Timor-Leste?

2 of the 3 licensed insurance entities this directory lists in Timor-Leste are classified as general (non-life) (67%). Verified against the regulator register.

Who regulates general (non-life) insurers in Timor-Leste?

Banco Central de Timor-Leste (BCTL). Regime: Law No. 6/2005 (Regime for the Licensing, Supervision and Regulation of Insurance Companies and Insurance Intermediaries) and BCTL Instructions for licensing general and life insurers; BCTL supervision. Official website: https://bancocentral.tl.

Who owns the general (non-life) insurers in Timor-Leste?

Of the 2 licensed general (non-life) insurers in Timor-Leste, 1 is a domestic private company and 1 is a subsidiary of a foreign multinational group (Sinar Mas), as recorded in the register.

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