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Dominion Insurance
Updated: Monday, February 18, 2008
Dominion Insurance is a Fiji registered insurance company and began its operations in 1987. Its original investors are associated with the company’s Chairman, Hari Punja.
The company handles and is able to underwrite all types of general insurance including medical and term life covers. The growth of the company has been carefully controlled by its board and management for the last 20 years and this is evident in the company’s following financial statistics:
- The company’s total assets have risen from $1 million to a total of $30 million.
- The shareholders funds have risen from $500,000 to $9 million.
- Returns from their shareholders funds for the last 10 years have averaged more than 13%/ annum.
The company established an additional insurance company in Tonga in 1999 and in 2004 it formed an associate insurance company in Vanuatu.
Dominion Insurance directors are Hari Punja, Gary Callaghan and Sanjay Punja.
The company’s policy forms include:
- Burglary
- Commercial fire
- Consequential loss
- Contract works
- Marine cargo
- Money policy
- Medical cover
- Personal accident
- Workers compensation
Claim forms include:
- Domestic claim
- Commercial loss
- Marine hull
- Medical
- Motor vehicle
- Workers compensation
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