Sunday, May 28, 2017

Nepal

Firms settle nearly 90% of earthquake claims in Nepal

Firms settle nearly 90% of earthquake claims in Nepal

Nepal’s insurance regulator says that claims worth US$107m have been settled out of an estimated US$156m of total claims.

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Philippine insurance regulator named first Mefin head

Philippine insurance regulator named first Mefin head

Emmanuel Dooc will chair the newly created Mututal Exchange Forum on Inclusive Insurance in Asia.

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Everest Bank, MetLife Nepal ink bancassurance deal

Everest Bank, MetLife Nepal ink bancassurance deal

The deal represents a rare bancassurance tie-up in one of the poorest countries in Asia.

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Economic cost of Nepal earthquake could reach US$5bn – Aon

Economic cost of Nepal earthquake could reach US$5bn – Aon

More than 700,000 homes, buildings and historical sites were damaged or destroyed.

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After Nepal quake, Indian insurers seek mandatory building code

After Nepal quake, Indian insurers seek mandatory building code

Authorities asked to make earthquake-resistant construction codes mandatory.

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Nepal earthquake to expose developing nations’ low insurance penetration

Nepal earthquake to expose developing nations’ low insurance penetration

Spending on property-casualty coverage less than US$4 per capita annually.

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