Founded in December 1987, the Macau Insurers’
Association (MIA) is a self-regulation entity with the aims to
enhance and promote the insurance industry of Macau. Working under a
set of common beliefs of rendering better services and of
strengthening technical competence of insurers, the 18 companies
then founded the MIA which has gained full recognition by the
Government of Macau as a representative body of the insurance
All along, the MIA has maintained a harmonious
working relationship with its regulatory body, the Monetary
Authority of Macau (AMCM). For the past decade, the MIA has put
forth numerous recommendations on the regulatory framework laid down
by the Government. It has also been diligently cultivating contacts
and exchanging ideas with its international counterparts.
At present, there are 22 members in Macau, with 10 of them
conducting solely life business while the remaining 12 transacting
non-life insurance business.