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Fijicare Insurance Ltd. (Fiji)

Main Activities: Insurance Agencies and Brokerages
Full name: Fijicare Insurance Ltd. Profile Updated: October 28, 2024
Buy our report for this company USD 29.95 Most recent financial data: 2023 Available in: English Download a sample report

The Company is engaged in Underwriting of medical, health, workers compensation, personal accident, term life insurance and general insurance risks.
The Company is one of the largest insurance companies in Fiji providing a range of insurance covers to morethan 235,775 Fijians. FijiCare provides a comprehensive range of insurance products including Medical,
Term Life, Motor, Personal Accident, Public Liability, WageCare, Mortgage Protection, Visitors Insurance, and Bundled Microinsurance
Vision:
Better Health For Fiji
Mission:
FijiCare Insurance Limited is dedicated to providing insurance products that provide quality protection with value pricing. We will achieve maintain FijiCare s customer service policy where Customers Are Really Everything (CARE).
History:
1989: FijiCare's history can be traced back to the initial acquisition of the business operations of Insurance Welfare Society (a “mutual” association) in 1989
1993:The name of the association was changed to FijiCare Insurance Welfare Society in 1993
1995:The Company was “demutualised” into an unlisted public company and changed its name to FijiCare Insurance Limited in 1995.
2000:The Company was publicly listed in the South Pacific Stock Exchange (SPSE) on December 7, 2000.
2014: The Company diversified into comprehensive motor vehicle insurance. In 2014, VanCare Insurance Limited was established in Vanuatu as a wholly-owned subsidiary of FijiCare. VanCare provides Compulsory Third Party and Comprehensive Motor Vehicle insurance products and has recently launched medical insurance products.

Headquarters
Level 9, Fnpf Place, 343-359 Victoria Parade, P.O. Box 15808
Suva; Central Division;

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Website: http://www.fijicare.com.fj

Basic Information
Total Employees:
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Outstanding Shares:
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Financial Auditors:
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Incorporation Date:
1989
Key Executives
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Chairman
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Chief Financial Officer
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Chief Operating Officer
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Director/Member of the Board
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Outside Director
Ownership Details
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75.9%
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5.8%
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5.5%
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1.7%
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0.9%
Subsidiaries
Omnicare Pte Limited
Vancare Insurance Limited (Vanuatu)
Wecare Pte Limited
Company Performance
Financial values in the chart are available after Fijicare Insurance Ltd. report is purchased.
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Key Financial Highlights
Annual growth percentages for latest two years in local currency FJD. Absolute financial data is included in the purchased report.
Operating profit (EBIT)
242.92%
Net Profit (Loss) for the Period
242.63%
Total assets
15.8%
Investments
282.77%
Total equity
4.76%
Net Profit Trend
N/A
Return on Equity (ROE)
5.45%

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