MS First Capital has more than 75 years of history and a proud track record of being there for our customers and bringing value to our investors.
1950
Incorporation of The Public Insurance Company Limited on 09 December 1950
1988
The Company’s name is changed to British American General Insurance Company Limited.
1991
Acquisition by the Hong Leong Group (Malaysia) on 04 July 1991, resulting in a change of the Company’s name to First Capital Insurance Limited.
2002
First Capital Insurance Limited is acquired by Fairfax Financial Holdings in September 2002
2017
On 28 December 2017, 97.7% of First Capital Insurance Limited’s shares were purchased by Mitsui Sumitomo Insurance Company Limited and First Capital Insurance Limited because a member of MS & AD Insurance Group
2018
On 15 January 2018, the Company’s name was changed to MS First Capital Insurance Limited.
2023
MS First Capital Insurance Limited became the first Singapore-based insurer to underwrite $1 billion in gross written premium
2024
On 30 June 2024, Mitsui Sumitomo Insurance Company Limited’s shareholdings in the Company increased to 99.98%
