Company Information

Get to know FSM General Insurance

FSM General Insurance Corporation (FSMGIC) was established in 2012 by an Act of the Congress of the Federated States of Micronesia. As an FSM-owned entity, its mission is to provide essential Property and Casualty insurance services to the citizens and businesses within the nation. The company aims to offer reliable and accessible insurance solutions, contributing to the economic stability and security of the Micronesian community by covering risks for homes, vehicles, and businesses.

Industry

Financial InsurancePRIMARY
Financial Other Service

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FSM General Insurance

Australia

Founded in

1991 (35 Years)

Founded

Last online: No recent activity

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OVERALL SCORE

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BridgerPay

(180 reviews)

Cyprus

2017

(9 years)

Security Information :

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Security Information

Warning

This company is currently Unproved.

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License

A Grade License

Issued by globally renowned regulators, these licenses ensure the highest trader protection through strict compliance, fund segregation, insurance, and regular audits. Dispute resolution and adherence to AML/CTF standards further enhance security.

B Grade License

Granted by respected regional regulators, these licenses offer robust safety measures such as fund segregation, financial reporting, and compensation schemes. Though slightly less strict than Tier 1, they provide dependable regional protection.

C Grade License

Issued by regulators in emerging markets, these licenses offer basic protections such as minimum capital requirements and AML policies. Oversight is less stringent, so traders should exercise caution and verify safety measures.

D Grade License

From jurisdictions with minimal oversight, these licenses often lack key protections like fund segregation and insurance. While attractive for operational flexibility, they pose higher risks to traders.

TrustFinance is not a licensed financial advisor and is not affiliated with any financial institutions in your region. We encourage you to do your own research before making any investment decisions.