Oceania · PG · PGK

Papua New Guinea

12 licensed entities supervised by the Office of Insurance Commissioner / Bank of PNG (life).

Compiled from market knowledge /api/v1/countries/papua-new-guinea.json

By class of business

By ownership

  • Domestic private9 75%
  • State-owned / parastatal1 8%
  • Foreign multinational1 8%
  • Mutual / cooperative1 8%

Verification log

NOT verified · Market knowledge

Register not retrieved in this pass; see Regulators sheet

Licensed insurers in Papua New Guinea

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
Capital Life InsuranceLLifeCapitalDomestic privateOIC / BPNGUnverified
Kina Life
Verify
LLifeKinaDomestic privateOIC / BPNGUnverified
Life Insurance Corp (PNG)LLifeLICDomestic privateOIC / BPNGUnverified