Tower to sell Tower Insurance (Vanuatu) Limited to Capital Insurance Group. Find out more and see our FAQs.  
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Sale of Tower Insurance (Vanuatu) Limited to Capital Insurance Group

On 16 January 2024, Tower announced the conditional sale of Tower Insurance (Vanuatu) Limited to Capital Insurance Group Limited (Capital). All conditions of the sale have now been met and we're expecting to complete the sale by 30 August 2024.

Tower has been in Vanuatu since 2015. We're proud to have served Vanuatu and thank our staff, customers, and partners for their support and continued loyalty throughout this period.

Capital is a general insurer operating in Papua New Guinea, Vanuatu, Fiji, Tonga and the Solomon Islands. It sees the acquisition of Tower's Vanuatu business as being a good fit with its existing operations in Vanuatu. Capital looks forward to continuing to provide Tower customers with high quality service.

Customer FAQs

What will happen to my policy?

The sale will have no immediate impact to any policies you currently hold. Your policy terms and conditions will remain unchanged until your policy expires. Capital will contact you ahead of your next renewal date with more information about what happens at renewal time.

Who do I deal with now?

Up until 30 August 2024 you can contact our local team at our branch in Port Vila for any queries relating to your insurance. Our contact details remain the same - you can call 22101 or email contactus@towerinsurance.com.vu for more information.

Once the sale takes place, the company will continue to operate from Tower's existing office in Port Vila. You can call Capital on 22101, email them on vanuatu@capgrp.com or visit their website.

How will claims be affected?

Up until completion of the sale, claims will be processed as normal.

Capital will be in touch to let you know how to make a claim after the sale has been completed.

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