China Taiping Insurance (Singapore)

What China Taiping Insurance (Singapore) does

China Taiping Insurance (Singapore) Pte. Ltd. is a privately held composite insurer domiciled in Singapore and wholly owned by China Taiping Insurance Holdings Company Limited, itself part of China Taiping Insurance Group Ltd, a major Chinese state-owned insurance conglomerate. Established in Singapore in 1938, the company operates from 3 Anson Road (Springleaf Tower) and has provided both life and general insurance products in the Singapore market for over 88 years, with AM Best having affirmed its credit ratings in 2025 on the basis of strong financial position, adequate operating performance, and strategic importance to its parent group. It serves two principal customer segments — individuals/families and business/SME/corporate clients — through a comprehensive product catalog covering personal protection (motor, home, travel, personal accident, maid, children, study), life protection (whole life, term, critical illness with specific plans such as i-Secure Legacy II, i-Assure99, i-Protect, i-Care), wealth accumulation and retirement (i-CashLife, i-Retire II, Infinite Series in USD for HNW clients), and a full suite of business lines (marine, financial lines, BizTrenZ sector packages, casualty, group medical/health, property, engineering, bonds).

The business runs a subscription-style premium revenue model with annual or multi-year contracts priced on a per-policy, risk-assessed basis, and is supported by a 101-250 employee base. Technology consists of traditional insurance administration systems exposed through a three-platform digital stack: myHub (customer self-service portal and mobile app), I-Biz (partner/agent portal for quoting and policy issuance), and iSPEED (iPad-based financial advisor productivity tool). Distribution is multi-channel and includes licensed financial advisory representatives, bank distribution partnerships with BOC and ICBC, a network of 25+ independent financial advisory firms, international brokers (Howden, Charles Monat, Grandtag, Linden, Loner, LSG), and licensed general insurance agents — giving the company reach into the Chinese-diaspora, HNW, and mainstream Singapore consumer and SME markets. The go-to-market is sales-led, with supporting digital self-service for renewals, servicing, and select purchases.

Name

China Taiping Insurance (Singapore)

Legal name

China Taiping Insurance (Singapore) Pte. Ltd.

Website

https://sg.cntaiping.com

Company type

Private

Founded year

1938

Operating status

Operating

Headcount range

101–250 employees

Short description

China Taiping Insurance (Singapore) is a private composite insurer, established in Singapore since 1938 and wholly owned by China Taiping Insurance Group, offering life and general insurance products to individuals, families, and SMEs through bank, broker, advisor, and digital channels.

Ownership category

akta.pro rank

Product category

Life and General Insurance

NAICS

Direct Life Insurance Carriers (524113), Direct Property and Casualty Insurance Carriers (524126)

SIC

Life Insurance (6311), Fire, Marine & Casualty Insurance (6331)

akta.pro primary industry

Whole Life Insurance (FSAIABAA)

akta.pro secondary industry

Mid-Market Commercial Package (Package Policies) (FSAJAFAB)

Keywords

• Life insurance
• General insurance
• Personal accident coverage
• Commercial insurance
• Wealth protection plans

Headquarters

HQ city

Singapore

HQ country

Singapore

HQ region

Asia

Offices1 record

Markets served

GTM type

B2B and B2C

Offering type

Services

Cost components

Personnel, Operations, Technology or R&D, Marketing or Sales, Infrastructure, Others

Revenue model

1. Life Insurance Premiums: Recurring and single premium life insurance products including whole life, term life, critical illness, savings, retirement, and wealth management plans generating premium income.
2. General Insurance Premiums: General insurance products including motor, home, travel, personal accident, marine, casualty, property, engineering, and business insurance policies generating annual or multi-year premiums.

Pricing tiers

Go-to-market motion1 record

Distribution channels4 records

Marketing channels5 records

Core offering

China Taiping Insurance (Singapore) provides a comprehensive one-stop portfolio of life and general insurance products. The personal line includes lifestyle protection (motor, home, travel, personal accident, domestic maid), life protection (whole life, term, critical illness), and wealth accumulation plans (savings, retirement, legacy, and the Infinite Series for high net worth clients). The business line covers marine, financial lines, sector-specific BizTrenZ packages, casualty, medical and health, property, engineering, and bonds.

Product overview

China Taiping Insurance (Singapore) offers a comprehensive portfolio of both life and general insurance products and services. The Personal segment includes Lifestyle Protection products (Motor, Home/UniHome Safe, Domestic Maid, Travel Safe, Hospital Safe, Personal Accident Safe, Panda Safe, Study Safe), Life Protection plans (Whole Life, Term, Critical Illness with specific offerings like i-Secure Legacy II, i-Assure99, i-Protect, i-Care), and Wealth accumulation products (Savings plans like i-CashLife, Retirement plans like i-Retire II, and the premium Infinite Series for high net worth clients including Indexed Legacy, Indexed Wealth, Elite Legacy, Elite Harvest, and Harvest Plus variants in USD and SGD). The Business segment covers Marine (Cargo, Hull), Financial Lines (Credit, Professional Indemnity), BizTrenZ sector-specific business packages (Food & Beverage, Office, Retail, Service, Light Industrial), Casualty (Work Injury Compensation, Public Liability, Error & Omission), Medical & Health (Foreign Workers Medical, Employee Benefits, Group Hospital, Group Term Life/Critical Illness), Property Insurance (Fire/All Risks, Industrial All Risks, Business Interruption, Burglary, Money, Plate Glass, Fidelity Guarantee, Equipment All Risks), Engineering, and Bonds. Digital platforms include myHub customer portal, I-Biz partner portal, and iSPEED advisor application. The company operates as a subsidiary of China Taiping Insurance Group, offering both individual and corporate insurance solutions through multiple distribution channels including agents, bank partners, and financial advisory firms.

Differentiator

Problem solved

Functional benefit

Brands

• CTPIS: Corporate abbreviation used for China Taiping Insurance (Singapore) Pte. Ltd.
• myHub
• China Taiping Premier Club
• BizTrenZ
• China Taiping Financial Intelligence

Products and services

• Motor Insurance Comprehensive motor insurance coverage for private vehicles providing protection against third-party liability and damage to own vehicle.
• UniHome Safe Home Insurance Home content insurance providing full coverage for household contents, renovations, and personal belongings against fire, flood, theft, and other unforeseen events, including 24/7 worldwide personal accident protection.
• Travel Safe Flight Insurance Travel insurance covering travel inconveniences, medical emergencies, emergency evacuations and repatriations, accidental death and permanent disablement, extended benefits, and COVID-19 benefits.
• i-Secure Legacy (II) Whole Life Plan Whole life plan providing lifetime coverage against Total and Permanent Disability, Terminal Illness, and Death while accumulating cash values and bonuses, with an optional Whole Life Critical Illness rider covering 161 conditions.
• i-Care Term Life Plan Comprehensive term life plan providing 360-degree coverage including death, terminal illness, disability, and 161 early to advanced stage critical illness conditions with optional premium waiver riders.
• i-CashLife Savings Insurance Whole life savings insurance plan providing yearly cashbacks of up to 3.95% p.a. of Total Yearly Premium from end of selected premium term until age 120, with guaranteed loyalty cashback and 100% capital guaranteed.
• i-Retire (II) Retirement Plan Flexible limited-pay retirement plan paying monthly income for up to 30 years with a Loss of Independence Benefit guaranteeing 24 months lump sum of guaranteed monthly income.
• Infinite Elite Legacy (USD) Premium USD-denominated whole life insurance plan for high net worth individuals with comprehensive legacy planning features.
• BizTrenZ Business Package Insurance Sector-tailored comprehensive business insurance package covering Food & Beverage, Office, Retail, Service, and Light Industrial operations, addressing property, liability, and business interruption risks.
• BizTrenZ Employee Benefits Package Affordable group insurance package for employees covering medical expenses, hospitalization, surgical fees, with optional riders including Group Personal Accident, Group Hospital & Surgical, Outpatient GP, Specialist Care, and Dental Benefits.
• Foreign Workers' Medical Insurance Medical insurance coverage for foreign workers as required by Singapore regulations.
• Marine Cargo Insurance Insurance coverage for goods in transit including shipments by sea, air, and land during transportation.
• Fire / Property All Risks Insurance Comprehensive property insurance covering buildings and contents against fire and allied perils.
• Work Injury Compensation Insurance Mandatory compensation insurance covering employees for work-related injuries and occupational diseases.
• Foreign Worker Bonds Bond coverage required for employment of foreign workers in Singapore.
• myHub Customer Portal Online and mobile customer portal allowing policyholders to access and manage all their policies, pay premiums, and submit claims anytime, anywhere.

Segments2 records

Ideal customer profiles2 records

Technology focussed No

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Partnerships

35 partnerships are on record, tiered core and minor.

• Bank of China (BOC)coreChannel Partner/ Reseller/ DistributorBank distribution partner for life insurance products including i-CashLife savings insurance plans. Products distributed through BOC banking channels in Singapore.
• Industrial and Commercial Bank of China (ICBC)coreChannel Partner/ Reseller/ DistributorBank distribution partner for life insurance products including i-CashLife savings insurance plans. Products distributed through ICBC banking channels in Singapore.
• HowdenminorChannel Partner/ Reseller/ DistributorInternational insurance broker partner distributing i-CashLife and other life insurance products.
• Charles MonatminorChannel Partner/ Reseller/ DistributorInternational broker partner distributing wealth management and savings insurance products.
• GrandtagminorChannel Partner/ Reseller/ DistributorInternational broker partner for insurance distribution.
• LindenminorChannel Partner/ Reseller/ DistributorInternational broker partner for insurance distribution.
• Loner (Loner Group)minorChannel Partner/ Reseller/ DistributorInternational broker partner for insurance distribution.
• LSG (Lighthouse Strategic Group)minorChannel Partner/ Reseller/ DistributorInternational broker partner for insurance distribution.
• AvallisminorChannel Partner/ Reseller/ DistributorFinancial advisory firm partner distributing life insurance products.
• AWFAminorChannel Partner/ Reseller/ DistributorFinancial advisory firm partner distributing life insurance products.
• CornerstoneminorChannel Partner/ Reseller/ DistributorFinancial advisory firm partner distributing life insurance products.
• EternalminorChannel Partner/ Reseller/ DistributorFinancial advisory firm partner distributing life insurance products.
• Financial AllianceminorChannel Partner/ Reseller/ DistributorFinancial advisory firm partner distributing life insurance products.
• FinexisminorChannel Partner/ Reseller/ DistributorFinancial advisory firm partner distributing life insurance products.
• FrontierminorChannel Partner/ Reseller/ DistributorFinancial advisory firm partner distributing life insurance products.
• GENFAminorChannel Partner/ Reseller/ DistributorFinancial advisory firm partner distributing life insurance products.
• GenRiverminorChannel Partner/ Reseller/ DistributorFinancial advisory firm partner distributing life insurance products.
• HavenminorChannel Partner/ Reseller/ DistributorFinancial advisory firm partner distributing life insurance products.
• iHarvestminorChannel Partner/ Reseller/ DistributorFinancial advisory firm partner distributing life insurance products.
• InfinitumminorChannel Partner/ Reseller/ DistributorFinancial advisory firm partner distributing life insurance products.
• Infinity FAminorChannel Partner/ Reseller/ DistributorFinancial advisory firm partner distributing life insurance products.
• iDIYminorChannel Partner/ Reseller/ DistributorFinancial advisory firm partner distributing life insurance products.
• IPPminorChannel Partner/ Reseller/ DistributorFinancial advisory firm partner distributing life insurance products.
• LFAminorChannel Partner/ Reseller/ DistributorFinancial advisory firm partner distributing life insurance products.
• MFAminorChannel Partner/ Reseller/ DistributorFinancial advisory firm partner distributing life insurance products.
• MBPGminorChannel Partner/ Reseller/ DistributorFinancial advisory firm partner distributing life insurance products.
• PAFAminorChannel Partner/ Reseller/ DistributorFinancial advisory firm partner distributing life insurance products.
• PFPminorChannel Partner/ Reseller/ DistributorFinancial advisory firm partner distributing life insurance products.
• PhillipCapitalminorChannel Partner/ Reseller/ DistributorFinancial advisory firm partner distributing life insurance products.
• PIASminorChannel Partner/ Reseller/ DistributorFinancial advisory firm partner distributing life insurance products.
• PromiseLandminorChannel Partner/ Reseller/ DistributorFinancial advisory firm partner distributing life insurance products.
• Ray AllianceminorChannel Partner/ Reseller/ DistributorFinancial advisory firm partner distributing life insurance products.
• SG AllianceminorChannel Partner/ Reseller/ DistributorFinancial advisory firm partner distributing life insurance products.
• SynergyminorChannel Partner/ Reseller/ DistributorFinancial advisory firm partner distributing life insurance products.
• China Taiping Insurance Group Ltd (Parent)coreOthersUltimate parent company. China Taiping Insurance (Singapore) is a wholly owned subsidiary and part of China Taiping Insurance Group Ltd.

Scale indicators2 records

Recent moves6 records

Expansion highlights6 records

Direct peers

• NTUC Income: Major Singapore composite insurer providing life, health and general insurance. Directly comparable in product mix across personal and commercial lines, multi-channel distribution and Singapore market focus.
• Singlife: Singapore composite insurer (post-Aviva Singapore merger) offering life, health and general insurance with strong digital distribution. Directly comparable as a Singapore composite carrier competing for the same individual and SME customers.
• Great Eastern Life Assurance: Largest local composite insurer in Singapore offering both life and general insurance across personal, HNW and SME segments. Directly comparable in product breadth, multi-channel distribution (FA, bancassurance, agency) and customer targeting.
• AIA Singapore: Singapore arm of pan-Asian composite insurer offering life, health and accident protection with strong bancassurance. Directly comparable in life and wealth product set, multi-channel distribution and HNW positioning.
• Prudential Singapore: Composite insurer offering life, health and accident products with bancassurance and FA distribution. Directly comparable across personal life protection, critical illness, savings and retirement product categories.
• Tokio Marine Life Insurance Singapore: Singapore arm of a Japanese composite insurer offering life and general insurance. Directly comparable as an Asian composite insurer competing in life, savings and commercial insurance lines in Singapore.
• Manulife Singapore: Composite insurer offering life, health, savings and wealth accumulation products in Singapore. Directly comparable across life, critical illness, retirement and savings product portfolio and target customer segments.
• China Life Insurance (Singapore): Singapore arm of another major Chinese state-owned life insurer. Directly comparable as a Chinese-origin composite life insurer targeting the Chinese diaspora and Singapore HNW with savings, legacy and wealth products.
• AXA Insurance Singapore: Composite insurer offering life, health, motor, home and travel insurance in Singapore. Directly comparable across personal general insurance lines and selected life products.

Broad incumbents

• MSIG Singapore: Singapore general insurance arm of Mitsui Sumitomo Insurance Group. Comparable as a broad incumbent in commercial and personal general insurance lines (motor, property, marine, casualty), though focused on P&C rather than composite.

Market position

Strengths5 records

Weaknesses5 records

Competitive moat5 records

Key risks5 records

Key highlights7 records

Customer concentration

• YouTubeyoutube.com/channel/UCZOC4GgiEvWOeIysirvUMlA
• Facebookfacebook.com/chinataipingsg
• LinkedInlinkedin.com/company/china-taiping-sg
• Xx.com/ChinaTaipingSG

Compliance3 records

Revenue estimate

Valuation estimate

Number of profiles

Funding overview

Funding rounds

Investors

Funding detail is available on the Subscription and Enterprise plan.Contact sales →

M&A

Investments

M&A and investment is available on the Subscription and Enterprise plan.Contact sales →

Frequently asked questions about China Taiping Insurance (Singapore)