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Illustrated portrait of Macau; geographic and cultural interpretation, not regulator premises.
← The regulatory atlasCOUNTRY PERSPECTIVE / Macau

Monetary-authority supervision

MacauAMCM

Insurance supervision in Macau.

AI-generated country illustrationSources checked

01 / The institution

Monetary Authority of Macao

The Macau Insurance Ordinance governs entry and operation of insurance and reinsurance business. Law 21/2020 amends the ordinance; the English texts are translations.

How it is structured

Monetary-authority supervision

Institutional source ↗

The legal foundations

Mandate, written into law.

Establishing legislation and the rules governing insurance may be different instruments.

02 / Market signals

The numbers, with context.

Figures retain the reporting period and accounting basis of their source. They are snapshots, not live indicators or directly comparable country rankings.

Insurance penetration. The annual 2025 penetration ratio is 9.6%, comprising 8.9% life and 0.7% general insurance. This is not a Q2 2026 ratio.

03 / The report notebook

A dated view of the market.

What we noted in the regulator’s publications. Each entry separates the period covered, publication date when known, and our review date.

ReviewedNOTE 01

Q2 2026; annual density and penetration for 2025

AMCM insurance-sector statistics — September 2026 release ↗

The live English statistical table was read in the browser; its last revision was 8 September 2026. Quarterly balance-sheet measures are distinguished from the 2025 annual penetration and density series. Private pension funds are excluded.

Life solvency margin ratio

520.9%

At Q2 2026, general insurers’ corresponding margin ratio was 553.1%. These are AMCM’s solvency margin measures, not EU Solvency II ratios.

AMCM insurance-sector statistics — September 2026 releaseInsurance Activities Statistics, Solvency Margin Ratio rows · Country illustration
Read the original publication ↗

04 / Official contacts

Reach the institution.

Public institutional channels, checked 17 September 2026.

Research trail

Sources you can follow.

Independent editorial research by Insurers Global. Source dates do not certify that a law includes every subsequent amendment.

  1. DL27/97/M ↗Checked
  2. Institutional website — contact route ↗Checked
  3. AMCM insurance-sector statistics — September 2026 release ↗Checked
  4. Official contact details ↗Checked

Country scenes are AI-generated illustrations made with OpenAI image tools, not official regulator photographs or endorsements. Quotations remain searchable text. Report figures and directory verification are maintained separately.