Jan-16 Capital Insurance Group is pleased to advise that our rating agency A.M Best has announced the following ratings for our core Papua New Guinea entities:
Capital is the only South Pacific owned insurer to achieve an international Rating, and we are pleased to lead the industry in this respect.
Jan-15 Capital Insurance Group is excited to advise that we have been recognized in the 2015 AM Best Innovation Showcase for the unique Capital Life Haus Krai product which is marketed as an “add on” to the Capital General Workers Compensation product. The AM Best Innovation Showcase is a highly prestigious international venue for those insurers who have developed new methods or products to provide protection for otherwise uninsured events. Please refer to the attached link for the full article on this outstanding product.http://www3.ambest.com/review/article/January2015/FromWorkplaceToAfterlife.pdf
Dec-14 We are pleased to advise that Capital Life Insurance has been assigned a Financial Strength Rating of B- and an Issuer Credit Rating of “bb-” by leading rating entity AM Best. The outlook assigned to both ratings is positive. Please follow this link for the full press release.http://www3.ambest.com/ambv/bestnews/presscontent.aspx?AltSrc=14&refnum=22065 Capital Life Insurance is the only Pacific Owned Insurer with a published Financial Strength Rating, and over time Capital Insurance Group expects to publish ratings for other Capital entities.
Aug-14 Capital Insurance Group is pleased to advise that our wholly owned subsidiary Capital Insurance (SI) Ltd. has been granted a General Insurance Licence by Central Bank Solomon Islands.
Jul-14 Capital Insurance Group is delighted to announce that Nasfund Ltd has acquired a 20% Equity position in the Group.
Apr-14 Capital Insurance Group announce the acquisition of Dominion Insurance Ltd, subject only to regulatory approval .
Feb-14 Capital Insurance Group is pleased to advise that our wholly owned subsidiary Capital Insurance (SI) Ltd. has been granted a Life Insurance Licence by Central Bank Solomon Islands.