QBE Insurance (PNG) Limited - Subsidiary Company
QBE entered the Papua New Guinea market in 1899 as The North Queensland Insurance Company. Now known as QBE Insurance (PNG) Limited, we have three offices: the principal office in the capital Port Moresby, a second in the regional centre of Lae, and a third office in Kokopo.
As a result of a series of acquisitions completed in 1998, 2001 and 2012, the company became the country’s leading general insurer and gained access to a pool of talented local staff. We now 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 cover.
In recent years, we have become significantly more involved in meeting the emerging needs of professionals as well as medium and large commercial entities that face highly complex and variable exposures. 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.