Flag Of Papua New Guinea Featured In Oceania Insurance Post

A Guide to Insurance in Papua New Guinea (PNG)

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Flag of PNG , featured in the: Insurance Companies in PNG, post.Welcome to your definitive guide to insurance in Papua New Guinea. The industry is regulated by the Bank of Papua New Guinea (BPNG), which ensures that licensed companies operate to a professional standard. Whether you’re looking to insure your vehicle, property, business, or secure your family’s future with life and health cover, this guide will help you navigate your options.

Below, you will find a clear, categorized list of the key insurance providers and brokers operating in PNG.

How to Choose an Insurance Provider in PNG

Consider a Broker: For complex needs, an insurance broker can provide expert advice and help you compare policies from multiple insurers to find the best fit.

Verify Licensing: Always choose a company or broker that is licensed by the Bank of Papua New Guinea. This ensures they meet regulatory standards for stability and conduct.

Assess Your Needs: Determine the specific type of coverage you require. A policy for a business is very different from a personal health or car insurance policy.

Compare Quotes and Coverage: Don’t base your decision on price alone. Compare the details of each policy, including the coverage limits, excess (the amount you pay on a claim), and exclusions.

PNG Insurers Directory: Find by Specialty

Explore our comprehensive list of every major insurance provider operating in PNG. To help you find the perfect match, click on a category below to instantly filter the directory. From major general insurers for your car and home to leading health funds and specialist business brokers, our interactive guide makes it easy to see your options.

  • All
  • General & Life Insurers
  • Health Insurance Providers
  • Insurance Brokers & Risk Advisors

Licensed General Insurers

These companies provide insurance for property, vehicles, marine, liability, and other business-related risks.

  • Capital Insurance Group: A leading local provider known for its wide range of general insurance products and personalized service.
  • Pacific MMI: A prominent national insurer offering a full suite of general insurance products for personal and commercial clients.
  • QBE PNG: The local branch of the global insurer, providing diverse and reliable commercial and personal insurance lines.
  • Tower Insurance: A major insurer from New Zealand with a strong presence in PNG, offering comprehensive personal and business coverage.

Licensed Life & Health Insurers

These companies specialize in providing life insurance, medical coverage, and related investment products.

  • BSP Life PNG: A major life and health insurer in PNG, offering coverage through the extensive Bank South Pacific (BSP) network.
  • Capital Life Insurance: The life insurance arm of the Capital Group, providing life and medical insurance solutions.
  • LICI (Life Insurance Corporation): A specialist life insurer with a strong financial backing, offering various life and personal accident policies.
  • Pacific MMI Life: The life insurance division of Pacific MMI, providing life and health products to the market.

Major Insurance Brokers

Brokers act on behalf of clients to find the best insurance coverage from the licensed insurers listed above.

  • AON Risk Services: A global leader providing risk management, insurance brokerage, and advisory services, primarily for commercial clients.
  • Marsh PNG: The local office of the world’s leading insurance broker and risk advisor, serving businesses of all sizes.
  • Kanda International: A respected local insurance broker and risk consultant offering personalized service.

Explore other insurance options in the region

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