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Fiji

Fiji

Insurance Intelligence

Providing expert analysis, independent market insight and company data on the insurance industry.

Insurance market reports are produced following a country visit with interviews with professionals working in the sector with systematic updates to information throughout the cycle. Covering market developments, macroeconomic factors and comprehensive details of the regulatory environment including relevant taxation as well as market indicators and company statistics.

Axco’s Fiji Non-Life Insurance Market Report (P&C) also comprises a detailed analysis of lines of business and sub-classes such as natural hazards, property, construction and machinery breakdown, motor, workers compensation & employers’ liability and liability.

The Life & Benefits Report for Fiji includes detail on social security, healthcare, individual life assurance and pensions information as well as market statistics and life company statistics

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Information for Fiji can be seen in:

Insurance Market Reports (Non-Life) Insurance Market Reports (Life & Benefits) Global Statistics Regulatory Alerts Market Profiles Insight Compliance Compliance Point Clinical Trials

Country Information

Time-zone
Capital city
Currency
Population
Real GDP growth (%)
Inflation (%)
Total GWP (USD)
Insurance Penetration (%)
GMT+12
Suva
FJD
0.92 mn
3.31%
3.94%
167.21
3.04

Fiji comprises around 500 islands and islets in the south-west Pacific Ocean, With a low population and a difficult political environment, Fiji's economic development in the 21st century has historically been limited, although the restoration of democracy in 2014 has led to some improvement in Fiji's sometimes strained relations with its main trading partners and regional neighbours.

The insurance market has been stable in recent years but there are only five non-life insurers and two specialist health insurers, as well as two life companies.

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