Oceania · PG · PGK
Papua New Guinea
Papua Niu GiniPapua Niugini
12 licensed entities supervised by the Office of Insurance Commissioner / Bank of PNG (life).
- Listed insurers
- 12
- Insurance classes
- 2
- Groups present
- 1
Reinsurance tax on foreign reinsurers
Latest available research by tax type. Treaty relief and transaction conditions can change the result.
- Papua New Guinea: Rate not established — Not verified · reviewed 2026-10-06
A sense of place
Beyond the numbers.
Heritage, places of work and the landscapes that connect them. Three selected references behind this artistic portrait.
Local names, languages & illustration notes
Selected local names and languages, with links to the references behind this artistic composition.
Papua New Guinea
- English
- Papua New Guinea
- Hiri Motu
- Papua Niu Gini
- Tok Pisin
- Papua Niugini
Name reference: mledoze/countries · ODbL data · ODbL licence. Flag artwork: flag-icons · MIT.
By class of business
Each company is counted once, under the class its register row records. The supervisor’s own tally counts licences, so a company licensed for more than one class appears more than once there.
By ownership
Verification log
Partially verified - Bank of PNG life insurance register only (5 life insurance companies, 17 Jul 2025, via Internet Archive because the live host is behind a Cloudflare bot wall); the Office of the Insurance Commissioner's general insurance register could not be retrieved · Bank of Papua New Guinea, 'Life Insurance Business' - institutions authorised to conduct life insurance business under the Life Insurance Act 2000: 5 life insurance companies and 5 life insurance brokers. Retrieved 23 Sep 2026 from the Internet Archive snapshot of 17 Jul 2025 (page copyright 2025), because www.bankpng.gov.pg answers every request with a Cloudflare managed challenge. General (non-life) insurance in PNG is licensed by the Office of the Insurance Commissioner under the Insurance Act 1995; ic.gov.pg does not resolve, oic.gov.pg has served an expired certificate since 15 Nov 2025, and the archived OIC register pages are empty of content.
Life insurance verified against the Bank of PNG list of companies authorised under the Life Insurance Act 2000 (5 companies, 17 Jul 2025): Capital Life Insurance, Life Insurance Corporation (PNG), Pacific MMI Insurance and Workers Mutual Insurance (PNG) are on it, Workers Mutual annotated 'under liquidation'. BSP Life (PNG) Limited was added and Kina Life removed, neither being on that list. The seven remaining general insurance rows (210-213, 215-217) are untouched: the Office of the Insurance Commissioner licenses general insurance under the Insurance Act 1995 and its register could not be retrieved, so the market stays partially verified.
Licensed insurers in Papua New Guinea
Scroll horizontally to compare columns.
| Company | Class | Parent / group | Ownership | Regulator | Verification | Popularity |
|---|---|---|---|---|---|---|
| Capital Insurance Group | GGeneral (Non-life) | Capital | Domestic private | OIC / BPNG | Partial | — |
| Century Insurance (ex-Tower PNG) | GGeneral (Non-life) | Century | Domestic private | OIC / BPNG | Partial | — |
| Kwila Insurance | GGeneral (Non-life) | Kwila | Domestic private | OIC / BPNG | Partial | — |
| Motor Vehicles Insurance Ltd (MVIL)State-owned Compulsory motor third party | GGeneral (Non-life) | PNG Government | State-owned / parastatal | OIC / BPNG | Partial | — |
| Pacific MMI InsuranceASX: KSL | GGeneral (Non-life) | Kina Group | Domestic private | OIC / BPNG | Partial | — |
| QBE Insurance (PNG)ASX: QBE | GGeneral (Non-life) | QBEIAIG | Foreign multinational | OIC / BPNG | Partial | — |
| Southern Cross Assurance | GGeneral (Non-life) | Southern Cross Assurance | Domestic private | OIC / BPNG | Partial | — |
| Trans Pacific Assurance | GGeneral (Non-life) | Trans Pacific | Domestic private | OIC / BPNG | Partial | — |
| Workers Mutual Insurance (PNG) | GGeneral (Non-life) | Mutual | Mutual / cooperative | OIC / BPNG | Partial | — |
| Capital Life Insurance | LLife | Capital | Domestic private | OIC / BPNG | Partial | — |
| Life Insurance Corp (PNG)BSE: 543526 | LLife | LIC | Domestic private | OIC / BPNG | Partial | — |
| BSP Life (PNG) Limited On the Bank of PNG life insurance list at 17 Jul 2025 and absent from the same list at 18 Jul 2024, so licensed between those dates. Ownership not researched; the register names no parent. | LLife | Parent not named in register | Domestic private | OIC / BPNG | Partial | — |
No insurers match that filter.
Popularity is an estimate of how often people search Google for each insurer, from 0 to 100; the bars show how confident the estimate is. Not a rating of the insurer. How the index works
Former and deregistered companies
Names once listed in Papua New Guinea and no longer in use. A company that was renamed, merged or acquired is counted under the name it has today; the names below are counted in no total on this page.
| Former name | What happened | Listed today as |
|---|---|---|
| Kina Life | No longer on the register | Not recorded |
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