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Natural disasters push up premiums in Fiji

One of Fiji’s biggest insurance companies says the cost of reinsurance is hitting the bottom line of insurance companies operating in the Pacific. Premium hikes in Fiji’s general insurance market are largely blamed on more frequent and intense natural disasters worldwide. Finance Natural disasters push up premiums in Fiji By Dionisia Tabureguci This has been the testament of one of Fiji’s oldest and biggest insurance providers, QBE Insurance (QBEI), which has offices in Fiji, French Polynesia, New Caledonia, Papua New Guinea, Solomon Islands and Vanuatu.

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