Group profit up

FijiCare Insurance

The Fiji Times, 15 February – A GENERAL insurance company licensed to write all forms of general insurance, specialising in medical and short term group and individual term life insurance, yesterday announced an improvement in underwriting results in the second half of last year.

FijiCare chairperson Philipp Thomas said it was pleasing to note that their wholly owned subsidiary VanCare Insurance Ltd recorded in excess of $1.6 million in gross written premiums in 2016.

“And is expected to record its first profit after intra-group charges despite only having operated for slightly more than two years. VanCare predominantly writes motor vehicle insurance in Vanuatu,” he said. Read more…