Insurance in Nauru

Nauru has no established local private market for property, life, health, travel, household or other general insurance on the available evidence. No current local tariff, premium, coverage-limit or cancellation schedule was identified. Cover from an overseas provider may be possible only if that provider accepts the risk; a locally documented application process is not available. The former Insurance Act 1974 was repealed by the Statute Law Revision Act 2011, and no replacement insurance regulator or IAIS membership was identified. Motor vehicle use has a statutory third-party protection system. Under section 91 of the Motor Traffic Act 2014, using or allowing a vehicle to be used on a road without a policy covering third-party risks is unlawful. An offence can lead to a fine of AUD 1,000 or imprisonment for six months, and a conviction can result in disqualification from holding a driver licence for six months. Sections 93 and 94 provide for emergency-treatment payment, police assistance with identifying the responsible driver and claims made orally during treatment or in writing within seven days. Sections 97 and 98 address insurer liability for judgments and third-party rights. Current premiums, policy limits and renewal arrangements were not verified. The Workers Compensation Act 1956 places responsibility for work-related injury on the employer and provides for compulsory insurance or indemnity connected with that liability. An employer must notify the insurer and the Inspector as soon as practicable after a relevant incident. The current list of approved insurers and premium details was not verified, so the practical availability of a carrier should be confirmed with the responsible authority or employer. The Nauru Superannuation Scheme, usually called NSS, is a defined-contribution retirement system rather than a general private insurance policy. Current financial information states that contributions are mandatory for all Nauruan resident employees and that the employer contribution is 10% from 1 February 2026. The information also identifies exemptions for an employer with no more than five employees, annual turnover below AUD 10,000 and gross assets below AUD 5,000. NSS provides retirement-related protection and a death benefit for a nominee; it does not provide general sickness, unemployment, property or liability cover. The scheme had approximately 6,000 members on 30 June 2025. The Parliamentary Pension Scheme, or PPS, is a defined-benefit pension for Members of Parliament, not a general insurance option. It had approximately 18 pensioners receiving fortnightly payments on 30 June 2025. The Department of Finance and Sustainable Development, the Nauru Revenue Office, the Department of Transport, SuperLife, Eriksen Global in New Zealand and relevant justice bodies may have different roles, but the responsible contact depends on the protection or claim concerned.