Nepal earthquake to expose developing nations’ low insurance penetration
April 28 2015 by InsuranceAsia News-
UIB Group expands Asia footprint with representative office in Nepal
- November 20
The Kathmandu office will report to the UIB Asia regional headquarters based in Singapore.
-
Nepal’s Air Dynasty helicopter crash leads to US$1.4m total loss
- August 8
The chopper was insured with Sagarmatha Lumbini Insurance, which already had four helicopter losses in the country in 2023, and Nepal Reinsurance is the reinsurer involved in the latest crash, IAN understands.
-
Nepal air crash: 99.7% of estimated US$3m loss ceded out to foreign reinsurers
- July 25
The hull and liability cover were provided by a Nepalese carrier Prabhu Insurance and reinsured with a London-based carrier through facultative cover, IAN understands.
-
Nepal’s Himalayan Re granted India reinsurance licence
- January 23
The privately owned reinsurer has been granted a reference number by IRDAI allowing the company to do reinsurance business from India.
-
AXA XL | Low and no-cost cybersecurity actions for companies
Considering the increasing frequency of attacks, the evolving threat landscape, including the use of AI to launch more sophisticated attacks, companies today can’t afford to ignore the possibility of being targeted by cybercriminals.
-
BHSI | Managing non-Asian exposure in long-tail lines
While US-exposed business can look attractive to Asian carriers, managing the volatility around the long-term results and the ability to model those losses are crucial, say BHSI’s Marc Breuil and Marcus Portbury.
-
Sedgwick | To Handle CAT Claims Well, Multi-Step Preparation is Key
When it comes to risk, it’s not a matter of “if” it’s a matter of “when” an event will occur.
-
HSBC Asset Management | Is it time to relook at Asian currency bonds?
With diversification and performance high on investors’ agendas, it seems a good time for global portfolios to revive allocations in Asian local currency bonds – including Hong Kong dollar (HKD) bonds.
