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The Papua New Guinea life and benefits market report provides a comprehensive, impartial analysis of the life insurance market of Papua New Guinea. Information extends to extensive detail on healthcare (public and private), pensions and benefits, and social security. Specialist researchers visit Papua New Guinea and interview local professionals working across the local market. The report is updated with new information and data regularly throughout the cycle of country visits.
The report provides information about Papua New Guinea’s demographic profile and assesses its economic, political, climate, operational, and security risks. Key data on the investment environment in Papua New Guinea is available.
Axco’s report describes the regulatory framework that applies to the domestic life insurance sector, including whether non-admitted insurance is permitted in Papua New Guinea; as well as the legislation necessary to know regarding Papua New Guinea’s healthcare, pensions and social security.
Statistics include five years of life insurance market performance indicators, including gross written premiums, premium growth and penetration rates. Company statistics show who are the leading life insurance companies in Papua New Guinea with local life insurance company premiums, market share and year on year growth.
Below are brief extracts of information from the Papua New Guinea Life & Benefits Report; more updated information may be available in the latest published report.