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3 December 2016
QBE Insurance has started writing aviation business in Papua New Guinea.
The Port Moresby office of the insurer will be working with Melbourne-based QBE Aviation to offer aircraft hull, non-ownership, aerial application and hangerkeepers liability.
insuranceNEWS.com.au contacted QBE for a reason why it has moved into what is seen as a difficult market, but the insurer declined to comment.
According to the Flight Safety Foundation, there has been one fatal accident in PNG this year involving a public transport aircraft, in which all four occupants were killed.
Last year a small airliner crashed near Kokoda Airport killing all 13 occupants and for most of this decade there have been a number of public transport accidents each year.
The country’s safety record has improved considerably since a disastrous year in 1996 when there were six fatal accidents and 21 fatalities.
The difficult terrain and quickly changing weather patterns contribute to the country’s reputation of being a difficult country for aviation operations.
QBE has been operating in PNG as a general insurer since 1899.
2 December 2016
To oversee the policy, framework and execution of insurance risk, including underwriting, reserving and reinsurance across the Group, including providing support and appropriate second line challenge to all aspects of insurance risk, including performance.
2 December 2016
As part of a broader credit control team, you will be responsible for credit control functions that will result in sound achievement of targets and goals.
1 December 2016
Support data strategy initiatives delivering key data capabilities such as guidelines for data quality, master data and metadata across the group.