Nepal chamber objects to Insurance Board’s premium minimums—report
November 3 2021 by Karen Lai
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Nepal’s Himalayan Re to generate ‘positive’ FY24 underwriting margins: AM Best
- February 24
Rating agency affirms financial strength rating of B+ (Good) and a long-term issuer credit rating of bbb- (Good), with a stable outlook.
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Tibet earthquake compensation payments, pre-payments near US$5m
- January 14
China's insurance industry has paid full compensation to the 126 victims of last week's deadly earthquake.
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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.
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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.
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Peak Re | From climate modelling to market opportunity: forging a new clarity on Southeast Asia’s climate risk
With the insurance industry facing an inflection point, the new imperative is seen as becoming active creators of risk intelligence.
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BHSI WICare+ | Accelerating Payments, Empowering Recovery
Launched in cooperation with Steadfast’s Singapore network, WICare+ fills the gaps found in traditional coverage and keeps businesses and their workforce secure by covering up to SG$350,000 in medical expenses per claim.
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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.
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Allianz General | Allianz General combines innovative protection solutions while powering social good to lead Malaysian market
The insurer proactively addresses emerging risks and evolving customer protection needs while giving back to the community.
