Central-bank supervision
MaldivesMMA
Insurance supervision in Maldives.
01 / The institution
Maldives Monetary Authority
The regulations designate MMA as the competent authority for insurance supervision and set out its licensing, inspection and prudential powers.
The legal foundations
Mandate, written into law.
Establishing legislation and the rules governing insurance may be different instruments.
Institutional and insurance framework
Presidential Decree 2002/6; Insurance Industry Regulations ↗
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.
General insurance premiums
Gross written premiums include inward reinsurance; rounded as reported.
Page 52 ↗General insurance penetration
General insurance gross written premiums divided by GDP.
Page 52 ↗Insurance penetration. This is a general-insurance ratio, includes inward reinsurance and uses unaudited 2025 figures.
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.
2025
Maldives Monetary Authority Annual Report 2025 — insurance companies ↗
Insurance section, printed page 52 and footnote 18, reviewed from the downloaded report. 2025 uses unaudited IFRS 4 figures; 2023–2024 use audited IFRS 17 figures and are not directly comparable.
Fire’s contribution to growth
43%Fire insurance accounted for 43% of the reported increase in gross premiums.
04 / Official contacts
Reach the institution.
Public institutional channels, checked 17 September 2026.
- Official contact route
- Visit the institutional website for current enquiry channels.Source ↗
Research trail
Sources you can follow.
Independent editorial research by Insurers Global. Source dates do not certify that a law includes every subsequent amendment.
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.
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