Papua New Guinea · Oceania · class G

General (Non-life) insurance companies in Papua New Guinea

9 licensed general (non-life) insurers, 75% of the 12 insurance entities supervised by the Office of Insurance Commissioner / Bank of PNG (life). Short-term property, casualty, motor, marine and other non-life covers.

CompanyClassParent / groupOwnershipRegulatorVerification
Capital Insurance GroupGGeneral (Non-life)CapitalDomestic privateOIC / BPNGUnverified
Century Insurance (ex-Tower PNG)GGeneral (Non-life)CenturyDomestic privateOIC / BPNGUnverified
Kwila InsuranceGGeneral (Non-life)KwilaDomestic privateOIC / BPNGUnverified
Motor Vehicles Insurance Ltd (MVIL)
Compulsory motor third party
GGeneral (Non-life)PNG GovernmentState-owned / parastatalOIC / BPNGUnverified
Pacific MMI InsuranceGGeneral (Non-life)Kina GroupDomestic privateOIC / BPNGUnverified
QBE Insurance (PNG)GGeneral (Non-life)QBEIAIGForeign multinationalOIC / BPNGUnverified
Southern Cross AssuranceGGeneral (Non-life)Southern Cross AssuranceDomestic privateOIC / BPNGUnverified
Trans Pacific AssuranceGGeneral (Non-life)Trans PacificDomestic privateOIC / BPNGUnverified
Workers Mutual Insurance (PNG)GGeneral (Non-life)MutualMutual / cooperativeOIC / BPNGUnverified

About general (non-life) insurers in Papua New Guinea

How many general (non-life) insurers are licensed in Papua New Guinea?

9 of the 12 licensed insurance entities in Papua New Guinea are classified as general (non-life) (75%), according to the OIC / BPNG register as reflected in this directory (not verified).

Who regulates general (non-life) insurers in Papua New Guinea?

Office of Insurance Commissioner / Bank of PNG (life) (OIC / BPNG).

Are the general (non-life) insurers in Papua New Guinea locally or foreign owned?

1 of 9 belong to regional or foreign multinational groups (including QBE), 1 are state-owned, and the rest are domestic private companies.

Data: /api/v1/countries/papua-new-guinea.json (filter by class = "general-non-life"). Licence CC BY 4.0, attribute KAFS North America.