Types of insurance institutions:
- Insurer with head office in the Macao Special Administrative Region
- Branch office of insurer with head office overseas
- Representative office of insurer with head office overseas
- Reinsurer with head office in the Macao Special Administrative Region
- Representative office of reinsurer with head office overseas
Upon receiving an application for establishment of an insurance institution, a confirmation acknowledging receipt will be issued to the applicant by Insurance Supervision Department.
Service location and office hours
Calçada do Gaio, No. 24-26, Macau
Monetary Authority of Macao
Insurance Supervision Department
Monday to Thursday, 9 am to 1 pm and 2:30 pm to 5:45 pm
Friday, 9 am to 1 pm, 2:30 pm to 5:30 pm
Phone: (853) 8395 2280
Fax: (853) 2830 1828
Application fee: Free of charge.
Supervisory fee: Insurers and reinsurers authorised to carry on their activity in the MSAR shall be subject to the payment of an annual supervisory fee of an amount calculated according to the scale of their business, not less than thirty thousand patacas nor higher than one million patacas. The calculation of the supervisory fee shall be fixed by the AMCM by way of Notice, to be published in the Official Gazette, and the payment and collection of such fee for the preceding year shall be effected during the month of June each year.
Time required for approval
Time required will be dependent on a case-by-case basis.
Respective regulations or requirements
Please refer to the link below:
Content provider: Monetary Authority of Macao (AMCM)
Last modified: 2021-03-08 11:01