Abishek Chand
Dumith Fernando. Picture: SUPPLIED
Last year was unpredictable and challenging for most businesses in Fiji, however, the FijiCare Group recorded an increase in its consolidated net revenue from insurance activities by $1.2 million, resulting in total net insurance revenue of $33 million for the full year in 2020.
According to group chairperson Dumith Fernando, this was driven by resilient underwriting performance from the group as medical underwriting continued to be the core growth revenue driver.
“Additionally, it was encouraging to witness organic growth in the general insurance products offered by FijiCare, where we expect to continue to gain momentum in 2021,” he said.