Tower Insurance Group Chief Executive, Richard Harding [2nd from left]

Tower Insurance Group Chief Executive, Richard Harding has commended the government for creating a stable economic environment that enables the growth of the Insurance industry.

Speaking to FBC News, Harding says there are more opportunities to grow as investments continue to unfold in the country.

Harding says the impacts of nine years of unprecedented economic growth has made an impact to the Tower Insurance Group in Fiji.

“Absolutely it’s been very beneficial for the Tower Insurance, you know having stable government with strong economic policies, building of infrastructure and so forth has been very positive for the whole economy.”

Harding says there’s more benefits for insurance companies now with the client market continuing to expand.

“An as an insurer we benefit, when new businesses open, we obviously have a role to ensure that people buy new cars and we have a role in ensuring those, so a stable government with strong economic growth is a strong foundation for the insurance industry to be profitable and vibrant.”

The Tower Insurance Group has also commended the regulation of insurance companies.