QBE Insurance (PNG) Limited - Subsidiary Company
QBE entered the Papua New Guinea market in 1899 when the company began its local operations and traded as The North Queensland Insurance Company. Now known as QBE Insurance (PNG) Limited, the company has three offices - the principal office in the capital city of Port Moresby, the second in the regional centre of Lae, and the third in Kokopo.
As a result of acquisitions completed in 1998 and 2001, the company became the country's leading general insurer, with a pool of talented local staff who are growing with us. We have a well respected management team that includes mostly PNG citizens. This has allowed us to better assess risks in the local market and develop flexible business insurance solutions. We have built expertise in specialist areas such as marine, property, liability and workers compensation.
Over the last few years, we have become significantly more involved in meeting the emerging needs of professionals and medium and large commercial entities that face highly complex and variable exposures in the professional risks areas. In addition we are developing a unique suite of personal lines insurance products. Our team is committed to providing a prompt and efficient service to our broker intermediaries and direct customers.