Nov 17, 2019 Last Updated 9:02 PM, Oct 31, 2019

Natural disasters push up premiums in Fiji

Fiji’s total premium in 2018 peaked at US$93m mark for the first time in 5 years. Fiji’s total premium in 2018 peaked at US$93m mark for the first time in 5 years. File
Published in Sep-Oct
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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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