Find Insurance and Reinsurance expertise in Kiribati
There is only one insurance company in Kiribati— which is the government owned Kiribati Insurance Corporation, which carries out both life and general insurance services. Non-life services include motor, marine and aviation, fire, liability and general; life insurance is defined as life endowment with profits. Entry into the insurance industry was liberalised in 2008, although the incumbent insurer remains unchallenged to date. This lack of competition is seen to be responsible for slowing down the sector’s development, with low penetration and low returns to policyholders becoming the norm.
|Insurance and Reinsurance organisations in Kiribati|
|Kiribati Insurance Corporation||