Southern Cross Assurance Limited (SCAL) is a PNG owned and licensed General Insurance Company. SCAL thrives to become one of the leading insurers in the PNG insurance market and in the Pacific region. Our paid up capital is K4 million (2011) now grown to a strong net equity position of K8 million (2015).
Papua New Guinea is a land in rich diversity. It is home to over 800 languages & cultures, untouched rain-forests and its people are some of the most friendliest in the world. For business, it is a place where glass, concrete and steel meet the jungle and so operating a business in Papua New Guinea has it’s unique risks and challenges.
Southern Cross Assurance Limited is here to provide you the right insurance solutions to protect you and the things most important to you.
We deal with World’s largest and Top Rated Reinsurers, like the Lloyds market (London), to provide the highest level of security to our Clients.
Our capacity to write business doesn’t restrict our net equity, we have reinsurance treaties in place, which gives us the local capacity to write risk. Iris (Insurance and Reinsurance Brokers) are our RI Brokers, with nine world-class Reinsurers participating in our treaty cover.
Our full-fledged capacity and expertise empower us to face the competitive demands of the market and further expand into new lines of business and adopt innovative methods of distribution.