SSIC 651 INSURANCE UNDERWRITING
Companies in This Category (3,875)
FHK INSURANCE AGENCY PTE. LTD.
Incorporated Apr 2026
SSIC: 651
Live Company
FHK PTE. LTD.
Incorporated Apr 2026
SSIC: 651
Live Company
YUNAL LOGISTICS PTE. LTD.
Incorporated Apr 2026
SSIC: 651
Live Company
AEGIS RISK ADVISORY & MANAGEMENT PTE. LTD.
Incorporated Apr 2026
SSIC: 651
Live Company
CQ INSURANCE ALLIANCE
Incorporated Apr 2026
SSIC: 651
Live
MILTON & SON (UNLIMITED)
Incorporated Mar 2026
SSIC: 651
Live Company
SG ACE AUTOMOTIVE PRIVATE LIMITED
Incorporated Mar 2026
SSIC: 651
Live Company
RKJ THONDAMANS FOOD PTE. LTD.
Incorporated Mar 2026
SSIC: 651
Live Company
GEYLANG LOR 9 TRADING
Incorporated Mar 2026
SSIC: 651
Live
SREE RAMA PRIVATE LIMITED
Incorporated Mar 2026
SSIC: 651
Live Company
NIMALAN INTERNATIONAL PTE. LTD.
Incorporated Mar 2026
SSIC: 651
Live Company
AUTOLEGEND ASSURANCE PTE. LTD.
Incorporated Feb 2026
SSIC: 651
Live Company
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Understanding SSIC 651
The SSIC 651 classification pertains to insurance underwriting. This official code is mandatory when registering a business entity with ACRA (Accounting and Corporate Regulatory Authority) in Singapore.
Key Characteristics:
- Compliance with the Banking Act (Cap. 19) and MAS Notices is paramount, including capital adequacy requirements (e.g., MAS Notice 637).
- Typically incorporated as public companies limited by shares, subject to stringent MAS approval and ongoing supervision.
- Subject to frequent regulatory reporting to MAS, including financial statements, risk management reports, and compliance declarations, as outlined in MAS regulations.
Common Business Operations
Activities of banks, including accepting deposits, granting credit, and dealing in financial instruments, regulated under the Banking Act (Cap. 19).
Accepting fixed deposits and current account deposits from individuals and businesses in Singapore.
Providing loans and credit facilities, such as mortgages, personal loans, and corporate loans, adhering to MAS guidelines on responsible lending.
Engaging in foreign exchange trading, securities trading, and other financial market activities, subject to MAS regulations on market conduct and insider trading.