LICI Fiji
LICI has been operating in Fiji for over 50 years now having commenced in 1956. From a small company with an asset of F$1.1 million in 1956 it is today one of the leading insurers in Fiji with an asset base of over F$225 million. LICI employs mostly local staff to run its operations in Fiji while drawing the technical expertise from the parent organization in India. Today, LICI in Fiji is a prominent player in the financial sector of the country. The Vision of LICI Fiji is to become the preferred Insurer of choice for the people of Fiji and the company is progressing towards reaching this objective.
|
Total premium income in 2010 |
$ 40 million |
|
Total income including investments 2010 |
$ 60 million |
|
Total customer payments including claims in 2010 |
$ 19 million |
|
Total asset base (Year ended 2010) |
$ 225 million |
|
Total customers |
Nearly 51000 |